Product Information
TETRACAINE 0.5% EYE DROP is a generic product labeled by Somerset Therapeutics, LLC, priced at $5.0428 per ML under NDC 70069059701. Its NADAC has been published 15 times since Feb 5, 2025.
FDA first approved this application on Dec 20, 2024. Its Orange Book therapeutic-equivalence code is AB1 — FDA rates it therapeutically equivalent to (substitutable for) its reference product.
Strength
5 mg/mL
Manufacturer
Somerset Therapeutics, LLCNDC
70069059701
Classification
Generic
Dosage Form
SOLUTION
Route
OPHTHALMIC
Effective Date
2/5/2025
Active Ingredients
TETRACAINE HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA217227FDA Approved
12/20/2024
TE Code
AB1
On Market Since
12/23/2024
Pharmacological Classes
Price Statistics
The NADAC for TETRACAINE 0.5% EYE DROP has been published 15 times since Feb 5, 2025, and over the history we have for it it has held within roughly two percent of its current level. The table below summarizes its recorded NADAC range and movement.
| Current price | $5.0428 per ML |
|---|---|
| All-time high | $5.0428 (May 14, 2025) |
| All-time low | $5.0428 (Feb 5, 2025) |
| Median price | $5.0428 |
| Average price | $5.0428 |
| Largest weekly change | 0.0% (Feb 12, 2025) |
| Weeks tracked | 15 |
| Tracking since | Feb 5, 2025 |
1W
N/A
1M
N/A
3M
N/A
6M
N/A
1Y
N/A
3Y
N/A
5Y
N/A
All
0.0%
Last surveyed May 14, 2025 — this NDC no longer appears in the current weekly NADAC file.
Generic Alternatives
The matcher finds 1 manufacturer offering a NADAC-published product with this drug's active ingredient and strength in a comparable dosage form (cheapest from each manufacturer, up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 17% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.
Related Drugs
Same classification
Frequently asked questions
What is the NADAC price of TETRACAINE 0.5% EYE DROP?
The current National Average Drug Acquisition Cost (NADAC) for TETRACAINE 0.5% EYE DROP, manufactured by Somerset Therapeutics, LLC, is $5.0428 per ML (NDC 70069059701), effective May 14, 2025.
How has the price of TETRACAINE 0.5% EYE DROP changed over time?
Over the history we have for it, the NADAC for TETRACAINE 0.5% EYE DROP has held within roughly two percent of its current level. It has been tracked across 15 weekly CMS publications since Feb 5, 2025.
What are the highest and lowest recorded NADAC prices for TETRACAINE 0.5% EYE DROP?
Since Feb 5, 2025, the NADAC for TETRACAINE 0.5% EYE DROP has ranged from a low of $5.0428 (Feb 5, 2025) to a high of $5.0428 (May 14, 2025), with a median of $5.0428 per ML.
Are there cheaper alternatives to TETRACAINE 0.5% EYE DROP?
Yes. 1 manufacturer publishes a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, TETRACAINE 0.5% EYE DROP, is $4.1673 per ML — about 17% below TETRACAINE 0.5% EYE DROP.
Who manufactures TETRACAINE 0.5% EYE DROP?
TETRACAINE 0.5% EYE DROP (NDC 70069059701) is labeled by Somerset Therapeutics, LLC, and CMS classifies it as a generic product.