Elite Pharmaceuticals Inc (ELTP): Purdue Oxycontin big in China and NH $EL...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Makai63 post# 266958

Wednesday, 07/26/2017 1:18:37 PM

Wednesday, July 26, 2017 1:18:37 PM

Purdue Oxycontin big in China and NH $ELTP said that $ELTP is filing a generic Oxycontin for FDA approval.

OxyContin is sold in the Asian country by Mundipharma (China) Pharmaceutical Co, a company associated with American company Purdue Pharma, the seller of the long-acting opioid in the US. Both are part of a worldwide network of independent, privately held companies owned by trusts belonging to the Sackler family, one of America’s richest families with a US$13 billion fortune, according to Forbes.

http://www.scmp.com/news/china/policies-politics/article/2055697/china-sales-boom-painkiller-centre-opioid-addiction-us

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