Elite Pharmaceuticals Inc (ELTP)

[NASDAQ2020]

No further Dilution will be needed:

SequestOx projected revenues just from ER docs and dentist

Quote:

40,000 ER docs in the U.S. with at least as many NP/PA's working in the ED, probably a lot more. Approx 80,000 E.R. providers.

Now add in Urgent Care. 10,000 urgent care clinics in the U.S. Each clinic probably has an average four docs and as many NP/PA's, so we'll approximate another 80,000 urgent care providers.

Approximately 160,000 E.R. and urgent care providers in the U.S.. We convince just 10% to switch to SequestOx, and they write an average of one script per shift- about 20 scripts in a month of 20 pills each.

160,000 x 10% = 16,000

16,000 x 20 scripts x 20 pills x 12 months = 76,800,000 capsules per year.

Now set your price. Say $5/capsule (approx. 5x of generic oxy capsules).

76,800,000 capsules x $5/cap = $384,000,000 / year in revenue just from 10% of ER and urgent care providers writing 1 SequestOx #20 script per shift.

Now what happens if you get buy-in from 25% of the those providers? 50%? Now start to add in pain management, primary care, and orthopedics.



Above was WeeZuhls post
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Now add in the Dentist :

146,800 Dentist x10% = 14680 (10% of dds) x 20 scrips x 20 pills x 12 months x $5/capsule is an additional:
70,464,000 x $5 dollars + my calculator only has 8 digits and its starting to smoke.

An additional $353+ million in revenues from 10% od dentist RXing SequestOx.

Now add this to Weezhuls 10% of ER Drs $384 million


For a grand total of $736 million in revenues if Elite goes it alone, or share this with our partner.

Thx to WeeZuhl and Goodtimes for your contributions. GL