Product Information

METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Mullan Pharmaceutical Inc., priced at $0.0231 per EA under NDC 83301001002. Its NADAC has been published 54 times since Aug 13, 2025.

FDA first approved this application on Jul 11, 2016. Its Orange Book therapeutic-equivalence code is AB — FDA rates it therapeutically equivalent to (substitutable for) its reference product.

METFORMIN HCL 1,000 MG TABLET

Metformin Hydrochloride
$0.0231per EA

Strength

1000 mg/1

NDC

83301001002

Classification

Generic

Dosage Form

TABLET, COATED

Route

ORAL

Effective Date

8/19/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA205096

FDA Approved

7/11/2016

TE Code

AB

On Market Since

1/1/2024

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 54 times since Aug 13, 2025, and over the history we have for it it has declined 4.9%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0231 per EA
All-time high$0.0249 (May 13, 2026)
All-time low$0.0231 (Aug 19, 2026)
52-week high$0.0249
52-week low$0.0231
Median price$0.0240
Average price$0.0240
Largest weekly change-3.7% (Jun 17, 2026)
Weeks tracked54
Tracking sinceAug 13, 2025

Price History

1W

-1.1%

1M

-2.2%

3M

-5.9%

6M

-3.1%

1Y

-3.8%

3Y

N/A

5Y

N/A

All

-4.9%

Generic Alternatives

The matcher finds 16 manufacturers 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). None of the shown alternatives sit below the current price. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.

Frequently asked questions

What is the NADAC price of METFORMIN HCL 1,000 MG TABLET?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 1,000 MG TABLET, manufactured by Mullan Pharmaceutical Inc., is $0.0231 per EA (NDC 83301001002), effective Aug 19, 2026.

How has the price of METFORMIN HCL 1,000 MG TABLET changed over time?

Over the history we have for it, the NADAC for METFORMIN HCL 1,000 MG TABLET has declined 4.9%. It has been tracked across 54 weekly CMS publications since Aug 13, 2025.

What are the highest and lowest recorded NADAC prices for METFORMIN HCL 1,000 MG TABLET?

Since Aug 13, 2025, the NADAC for METFORMIN HCL 1,000 MG TABLET has ranged from a low of $0.0231 (Aug 19, 2026) to a high of $0.0249 (May 13, 2026), with a median of $0.0240 per EA.

Are there cheaper alternatives to METFORMIN HCL 1,000 MG TABLET?

16 manufacturers publish a NADAC-priced product with the same active ingredient and strength as METFORMIN HCL 1,000 MG TABLET in a comparable dosage form, but none are currently priced below it.

Who manufactures METFORMIN HCL 1,000 MG TABLET?

METFORMIN HCL 1,000 MG TABLET (NDC 83301001002) is labeled by Mullan Pharmaceutical Inc., and CMS classifies it as a generic product.