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Elite Pharmaceuticals (ELTP)

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Last Post: 4/24/2018 2:14:19 AM - Followers: 836 - Board type: Free - Posts Today: 1

Elite Pharmaceuticals, Inc. (ELTP)

About Elite Pharmaceuticals
Elite Pharmaceuticals is a specialty pharmaceutical company specializing in niche generics and committed to the development of abuse-deterrent opioids to help curb diversion, misuse and abuse.  Elite has a pipeline of opioid abuse-deterrent products under development utilizing the company’s proprietary pharmacological abuse-deterrent technology. 
Located in Northvale, New Jersey, Elite operates a 55,000 square foot campus under Current Good Manufacturing Practice (“cGMP”) and is a United States Drug Enforcement Agency (“DEA”) registered facility for research, development, manufacturing and packaging of pharmaceutical products.
More information including Elite’s proprietary Abuse Resistant Technology can be found at

About Elite's Abuse Deterrent Technology

Elite's abuse deterrent products utilize the Company's proprietary pharmacological abuse deterrent technology. Elite's abuse deterrent technology is a multi-particulate capsule which contains an opioid agonist in addition to naltrexone, an opioid antagonist. Naltrexone is an opioid receptor antagonist used primarily in the management of alcohol dependence and opioid dependence. When this product is taken as intended, the naltrexone is designed to pass through the body unreleased while the opioid agonist releases over time providing therapeutic pain relief for which it is prescribed. If the multi-particulate beads are crushed, the opioid antagonist, naltrexone, is designed to release. The absorption of the naltrexone is intended to block the euphoria by preferentially binding to same receptors in the brain as the opioid agonist and thereby reducing the incentive for abuse or misuse by recreational drug abusers.
Elite continues to expands the intellectual property for the Company's opioid abuse deterrent technology. Elite now has four US patents, one European patent, and two Canadian patents issued in this area with additional patents pending in the U.S., Canada and Europe.
Products & Pipeline
Elite’s principle product is SequestOx, an immediate-release oxycodone with sequestered naltrexone abuse-deterrent opioid product for the management of moderate to severe acute pain. Additional products include bariatric, cardiovascular, antihistamine, skeletal muscle relaxants, antipsychotic, tricyclic antidepressant, along with a number of approved products pending manufacturing site transfer.
Elite owns generic and OTC products which have been licensed to TAGI Pharma, Epic Pharma, Dr. Reddy's Laboratories and Valeant Pharmaceuticals International. Additional information regarding Elite’s wholly owned products, partnerships, and contract manufacturing can be found at
The list of pipeline products can be found at
Nasrat Hakim, Chairman, President & Chief Executive Officer
Nasrat Hakim joined Elite in August 2013 as Director, President and Chief Executive Officer. Mr. Hakim has more than 30 years of pharmaceutical and medical industry experience in Quality Assurance, Analytical Research and Development, Technical Services and Regulatory Compliance. He brings with him proven management experience, in-depth knowledge of manufacturing systems, development knowledge in immediate and extended release formulations and extensive regulatory experience of GMP and FDA regulations. Prior to his leading Elite, from 2004 to 2013, Mr. Hakim was employed by Actavis, Watson and Alpharma in various senior management positions. Most recently, Mr. Hakim served as International Vice President of Quality Assurance at Actavis, overseeing 25 sites with more than 3,000 employees under his leadership.  Mr. Hakim also served as Corporate Vice President of Technical Services, Quality and Regulatory Compliance for Actavis U.S., Global Vice President, Quality and Regulatory Compliance for Alpharma, as well as Executive Director of Quality Unit at TheraTech, overseeing manufacturing and research and development. In 2009, Mr. Hakim founded Mikah Pharma, LLC, a virtual, fully functional pharmaceutical company. 

Mr. Hakim’s career started in Medical Laboratory Technology from the Academy of Health and Sciences in the U.S. Army based in San Antonio, TX, followed by Graduate Certification in Regulatory Affairs (RAC) from California State University at Sacramento, Sacramento, CA; Bachelor in Chemistry/Bio-Chemistry and Masters of Science in Chemistry from California State University at Sacramento, Sacramento, CA; and a Masters in Law with Graduate Certification in U.S. Taxation from St. Thomas University, School of Law, Miami, FL.

Investor Relations and Corporate Inquiries

Dianne Will
Vice President of Investor Relations and Corporate Affairs
Telephone: 518-398-6222

Corporate Headquarters
165 Ludlow Avenue
Northvale, New Jersey 07647
Phone: 201-750-2646
Fax: 201-750-2755


Miscellaneous Links:
Elite Pharmaceuticals News
SEC Filings

FDA website

Clinical Trials.Gov
Yahoo Finance
Seeking Alpha

ELTP Daily Chart

Current Price
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ELTP News: Statement of Changes in Beneficial Ownership (4) 02/27/2018 05:27:31 PM
ELTP News: Statement of Changes in Beneficial Ownership (4) 02/27/2018 05:14:52 PM
ELTP News: Statement of Changes in Beneficial Ownership (4) 02/27/2018 05:10:54 PM
ELTP News: Statement of Changes in Beneficial Ownership (4) 02/27/2018 05:07:55 PM
ELTP News: Statement of Changes in Beneficial Ownership (4) 02/27/2018 04:53:37 PM
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#285485  Sticky Note I think you said in the past that no2koolaid 03/10/18 02:20:10 PM
#285446  Sticky Note DD Made Easy NASDAQ2020 03/10/18 07:35:02 AM
#274770  Sticky Note memorable "calls" for elite pharma: dr_lowenstein 10/24/17 04:09:11 PM
#234937  Sticky Note THIS IS WHAT YOU NEED TO KNOW BEFORE Couch 11/30/16 03:04:07 PM
#185967  Sticky Note The only topic here is ELTP. IH Dan (Retired) 02/23/16 09:32:46 PM
#288236   Perhaps you should take your own advice Jour. Jimmy Joe 04/24/18 02:14:19 AM
#288235   What a load of shit! Hutch321 04/23/18 11:17:41 PM
#288233   There hasn’t been!its gamblers taking a huge risk stockboy 04/23/18 10:24:09 PM
#288232   Buyers been getting their azzes kicked for years. stockboy 04/23/18 10:21:48 PM
#288231   Only if the Avatar was for gaming would stockboy 04/23/18 10:17:05 PM
#288230   Or is that sellers know better and are jour_trader 04/23/18 09:59:46 PM
#288228   Sellers may know The Truth !!!!!!!!!!!!!!!!!!!!!! IB_ 04/23/18 08:19:29 PM
#288227   Buyers know several approvals imminent and an Avatar NASDAQ2020 04/23/18 08:10:53 PM
#288225   What a load of shit that is! How much stockboy 04/23/18 06:08:16 PM
#288224   Sure when unicorns fly! stockboy 04/23/18 06:06:06 PM
#288223   Just 3 more CRL’s to SUB-PENNY. stockboy 04/23/18 06:05:22 PM
#288222   It tells me there aren’t enough buyers to stockboy 04/23/18 06:03:45 PM
#288221   I saw what happened when NasRAT got the stockboy 04/23/18 06:01:11 PM
#288219   Well if NasRAT sold off the company tomorrow stockboy 04/23/18 05:56:35 PM
#288218  Restored can someone make up a fake IR announcement no2koolaid 04/23/18 05:02:13 PM
#288216   Since Elite has shown declining rev's, made crap namtae 04/23/18 04:06:13 PM
#288215   At this point, Elite is a show me jour_trader 04/23/18 04:02:20 PM
#288214   Imagine owning Elite and needing a Dime "$0.10" IB_ 04/23/18 03:57:40 PM
#288213   While it is paradoxical that a stock price imanjen13 04/23/18 03:48:20 PM
#288212   There's about 8m shares looking to get out namtae 04/23/18 03:46:40 PM
#288211   Those Elite $0.08's are drawing near ................................ IB_ 04/23/18 03:41:09 PM
#288210   Maybe not worth $10 but certainly more than hondobud 04/23/18 03:07:35 PM
#288209   Because there is extreme likehood sales won’t be jour_trader 04/23/18 03:04:09 PM
#288208   That's about like the Elite chart pattern called, IB_ 04/23/18 03:00:52 PM
#288207   Or post a approval rumor on ST, that hondobud 04/23/18 02:35:30 PM
#288206   while we sit around with nothing to do steve9465 04/23/18 02:30:42 PM
#288205   Buyout could mean 0.10. Doesn’t mean anything. jour_trader 04/23/18 02:04:37 PM
#288204   HammerTime IR SequestOx™ The New Standard of Care 2018-2019 NASDAQ2020 04/23/18 02:04:23 PM
#288203   Its been going up since $0.056 NASDAQ2020 04/23/18 01:59:22 PM
#288202   We can count on the CEO getting us NASDAQ2020 04/23/18 01:54:02 PM
#288201   Nothing can be counted on with the FDA. Ever. jour_trader 04/23/18 01:47:10 PM
#288200   Watch what happens when we get a few NASDAQ2020 04/23/18 01:43:33 PM
#288199   Dang that was hard to predict. Big surprise. jour_trader 04/23/18 01:30:41 PM
#288198   Dont worry, the bullish harami cross will save namtae 04/23/18 01:29:23 PM
#288197   Elites share price is going DOWN, while we IB_ 04/23/18 01:15:47 PM
#288196   Yes it did. Happy when an Elite no2koolaid 04/23/18 01:12:39 PM
#288195   If I remember correctly, ELTP was able to senderos 04/23/18 01:09:22 PM
#288194   Elites share price is going down in price.. namtae 04/23/18 01:06:10 PM
#288193   Alas, as a matter of effective decision making namtae 04/23/18 01:01:24 PM
#288192   Nasrat is not necessarily selling his shares when Jimmy Joe 04/23/18 12:59:02 PM
#288191   Yes Jour, I agree. Your assessment about that accurate. Jimmy Joe 04/23/18 12:57:01 PM
#288190   Accumulation distribution line is going up up up, Jimmy Joe 04/23/18 12:55:51 PM
#288189   Highly unlikely. If that was the case Nasrat jour_trader 04/23/18 12:54:26 PM
#288188   About as accurate a horoscope. Lol jour_trader 04/23/18 12:53:33 PM
#288187   Prepare to use them as a tax shield/write off. Jimmy Joe 04/23/18 12:52:36 PM
#288186   Interesting, that worthless website has a buy for namtae 04/23/18 12:51:02 PM
#288185   50 day moving average and 200 day moving Jimmy Joe 04/23/18 12:49:57 PM
#288184   Chart shows an increase in accumulation distribution. Jimmy Joe 04/23/18 12:45:29 PM
#288183   BUY Jimmy Joe 04/23/18 12:38:40 PM
#288181   With all that, why can't Elite get a IB_ 04/23/18 12:08:16 PM