PHENYLEPHRINE 2.5% EYE DROP
For 2 mL
Pharmacies pay
$18.58 filed
2 × $9.29238 per ML
CMS NADAC · nadac-national-average-drug-acquisition-cost-20261014.csv · eff. 2026-09-23 · as of 2026-10-14 · retrieved 2026-10-17
Medicare Part D paid
$26.32 filed
2 × $13.16058 per ML, Part D average
Medicare's price is not your price.
Medicare Part D · DSD_PTD_RY26_P04_V10_DY24_BGM.csv · eff. 2024-01-01 to 2024-12-31 · as of 2026-06-25 · retrieved 2026-10-18
The spread
1.4× estimated
Medicare paid 1.4× what pharmacies pay.
Part D averages every strength and form sold under “Phenylephrine HCl*” / “Phenylephrine HCl” into one figure, so it is not specific to this NDC.
OpenBill calculation · DSD_PTD_RY26_P04_V10_DY24_BGM.csv + nadac-national-average-drug-acquisition-cost-20261014.csv · NADAC eff. 2026-09-23 (file of 2026-10-14, retrieved 2026-10-17) · Part D 2024-01-01 to 2024-12-31 (file of 2026-06-25, retrieved 2026-10-18)
Cost-plus estimate
$26.37 estimated
$18.58 + $2.79 (15%) + $5.00 fee per fill = $26.37
This is a model, not a price any pharmacy quoted. Shipping is not included. How it is worked out
OpenBill calculation · nadac-national-average-drug-acquisition-cost-20261014.csv · NADAC eff. 2026-09-23 (file of 2026-10-14, retrieved 2026-10-17)
Open the interactive card Change the quantity, type what you were charged, and see every record in full.
What it is
PHENYLEPHRINE 2.5% EYE DROP is how the CMS NADAC file names this product. The FDA NDC Directory lists it as phenylephrine hydrochloride.
FDA gives its dosage form as “solution/ drops” and “solution” and its route as ophthalmic.
FDA lists 7 labelers (the companies named on the label) for its NDCs, among them Alcon Laboratories, Inc., Caplin Steriles Limited and Leading Pharma, LLC.
FDA’s Established Pharmacologic Class for it is alpha-1 Adrenergic Agonist.
The NADAC file of 2026-10-14 prices it under 7 NDCs (National Drug Codes).
NADAC classes it as a generic drug (rate-setting class G), and does not mark it as sold over the counter.
What pharmacies pay
Pharmacies pay $18.58 for 2 mL (2 × $9.29238 per ML, rounded to the cent), by the CMS NADAC file of 2026-10-14; that price took effect on 2026-09-23. That is what pharmacies pay their suppliers, not what they charge you.
NADAC’s explanation codes for it: 1, calculated from the most recently completed pharmacy survey; 5, calculated based on package size; 6, the CMS Covered Outpatient Drug Product File S/I/N drug category was not applied when grouping drugs for the calculation.
What NADAC measures · NADAC explanation codes
The 7 labelers
| Labeler | NDCs | Pharmacies pay per unit |
|---|---|---|
| Alcon Laboratories, Inc. | 1 | $9.29238 per ML filed |
| Caplin Steriles Limited | 1 | $9.29238 per ML filed |
| Dr.Reddy's Laboratories Inc., | 1 | $9.29238 per ML filed |
| Leading Pharma, LLC | 1 | $9.29238 per ML filed |
| Lifestar Pharma LLC | 1 | $9.29238 per ML filed |
| NorthStar RxLLC | 1 | $9.29238 per ML filed |
| SOLA Pharmaceuticals, LLC | 1 | $9.29238 per ML filed |
All 7 NDCs, with labeler and price
- 00065-0349-05 · Alcon Laboratories, Inc. · $9.29238 per ML · eff. 2026-09-23 filed
- 65145-0148-01 · Caplin Steriles Limited · $9.29238 per ML · eff. 2026-09-23 filed
- 69315-0323-08 · Leading Pharma, LLC · $9.29238 per ML · eff. 2026-09-23 filed
- 70512-0865-02 · SOLA Pharmaceuticals, LLC · $9.29238 per ML · eff. 2026-09-23 filed
- 70756-0629-25 · Lifestar Pharma LLC · $9.29238 per ML · eff. 2026-09-23 filed
- 72603-0520-01 · NorthStar RxLLC · $9.29238 per ML · eff. 2026-09-23 filed
- 75907-0129-07 · Dr.Reddy's Laboratories Inc., · $9.29238 per ML · eff. 2026-09-23 filed
Other strengths, forms and brands
4 other products in the NADAC file share the FDA nonproprietary name phenylephrine hydrochloride with PHENYLEPHRINE 2.5% EYE DROP.
| Product | Pharmacies pay per unit | Medicare per unit |
|---|---|---|
| GS NASAL FOUR 1% NASAL SPRAY | $0.06719 per ML filed | We don’t know yet |
| PHENYLEPHRINE 2.5% EYE DROP this page | $9.29238 per ML filed | $13.16058 per ML filed |
| PHENYLEPHRINE 10% EYE DROP | $5.23834 per ML filed | $13.16058 per ML filed |
| QC NASAL SPRAY 1% | $0.0703 per ML filed | We don’t know yet |
| SINUS RELIEF 1% NASAL SPRAY | $0.0703 per ML filed | We don’t know yet |
Part D is one average per brand and generic name, over every strength and form.
CMS NADAC · nadac-national-average-drug-acquisition-cost-20261014.csv · eff. 2026-09-23 · as of 2026-10-14 · retrieved 2026-10-17
Medicare Part D · DSD_PTD_RY26_P04_V10_DY24_BGM.csv · eff. 2024-01-01 to 2024-12-31 · as of 2026-06-25 · retrieved 2026-10-18
Compared with its class
The middle of its 7 NDCs’ NADAC prices is $9.29238 per ML filed.
Of the 30 other products in FDA’s alpha-1 Adrenergic Agonist class priced per ML, 0 have a higher middle NADAC price and 30 a lower one. The one in the middle is RYNEX DM LIQUID, at $0.05121 per ML filed (eff. 2026-09-23).
Prices are compared per unit, whatever the strength or dose, and a class is not a list of substitutes.
CMS NADAC · nadac-national-average-drug-acquisition-cost-20261014.csv · eff. 2026-09-23 · as of 2026-10-14 · retrieved 2026-10-17
What Medicare paid
Medicare Part D paid $26.32 for 2 mL, at an average of $13.16058 per ML in 2024 (2024-01-01 to 2024-12-31) for “Phenylephrine HCl*” and “Phenylephrine HCl”, every strength and form sold under that name together (Medicare Part D Spending by Drug, file of 2026-06-25).
That average covers 1,144 Part D claims (fills, including refills) for 2024-01-01 to 2024-12-31, across every maker, strength and form under the name.
Medicare's price is not your price.
What Part D spending measures · Which Medicare figure OpenBill compares · How the spread is worked out
What to ask at the counter
None of these figures is your price: what you pay depends on your pharmacy, your insurance, coupons and discounts.
- What is your cash price for 2 mL? Is it lower than what I would pay through my insurance?
- How much is in the package I am getting? This page uses 2 mL; your package may hold a different amount.
- If you have Medicare Part D: what is my plan’s copay or coinsurance for it? The Part D average on this page is not what you pay.
- These are questions about price, not medical advice. Do not change or stop a medicine without talking to your prescriber or pharmacist.
Questions
- Why is the comparison with Medicare for PHENYLEPHRINE 2.5% EYE DROP labelled estimated?
- Beyond what the card shows, the records give these reasons: The Part D figure covers 2024-01-01 to 2024-12-31; the NADAC price is from the file of 2026-10-14. Part D spending basis, as the Part D record states it: Part D 2024 average spend per dosage unit for Phenylephrine HCl* / Phenylephrine HCl: all makers, strengths, forms and routes combined, claim-weighted; gross cost incl. dispensing fees and patient pay, before rebates. Unit taken as NADAC's ML. Joined on generic name. *: CMS says this average reflects multiple routes of administration, which may have different unit prices. All 15 NADAC NDCs the name join matched to it have an FDA route including OPHTHALMIC.
- Why does this page start at 2 mL?
- NADAC prices this product per ML. The FDA NDC Directory’s package description gives 2 mL in one package for all 7 NDCs of this product (“1 BOTTLE, DROPPER in 1 CARTON (0065-0349-05) / 2 mL in 1 BOTTLE, DROPPER”), so the card starts at one package: 2 ML. Change it to match your prescription.
Related pages
Its pharmacologic class
Related in the same class
- ALAHIST PE 2-7.5 MG TABLET
- ALLERGY MULTI-SYMPTOM CAPLET
- CHEST CONG RLF PE 400-10 MG TB
- CHILD COLD-ALLERGY LIQUID
- COLD-COUGH ELIXIR