Product Information
METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Mullan Pharmaceutical Inc., priced at $0.0232 per EA under NDC 83301001003. Its NADAC has been published 60 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.
Strength
1000 mg/1
Manufacturer
Mullan Pharmaceutical Inc.NDC
83301001003
Classification
Generic
Dosage Form
TABLET, COATED
Route
ORAL
Effective Date
9/23/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA205096FDA Approved
7/11/2016
TE Code
AB
On Market Since
1/1/2024
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 60 times since Aug 13, 2025, and over the history we have for it it has declined 4.8%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0232 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 | $0.0239 |
| Average price | $0.0239 |
| Largest weekly change | -3.7% (Jun 17, 2026) |
| Weeks tracked | 60 |
| Tracking since | Aug 13, 2025 |
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). Switching to the cheapest would cut per-unit acquisition cost by roughly 0% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.
Related Drugs
Same classification
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Manufacturer
Mullan Pharmaceutical Inc. manufacturer profile
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Drug market
Metformin Hydrochloride market comparison
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Therapeutic class
Biguanide class view
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Trend hub
Latest market trends
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Guide
Understanding NADAC pricing
Use the explainer when you need context on how CMS publishes NADAC and how to interpret the number on this page.
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 $0.0232 per EA (NDC 83301001003), effective Sep 30, 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 4.8%. It has been tracked across 60 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 $0.0239 per EA.
Are there cheaper alternatives to METFORMIN HCL 1,000 MG TABLET?
Yes. 16 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, METFORMIN HCL 1,000 MG TABLET, is $0.0231 per EA — about 0% below METFORMIN HCL 1,000 MG TABLET.
Who manufactures METFORMIN HCL 1,000 MG TABLET?
METFORMIN HCL 1,000 MG TABLET (NDC 83301001003) is labeled by Mullan Pharmaceutical Inc., and CMS classifies it as a generic product.