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Except it doesn’t. lol
Not that far off either though. We’ll be in 2019 before we know it. Approve approve approve, launch launch launch!
Haha GOT EM. Absolutely correct. Pharmas have been bought out with zero approved drugs.
LOL. Well done.
Me too.
That was the last of contract manufacturing for Elite, per their website. Also, if the website is correct, we were just contract manufacturing 10mg tablets of Methadone. With our newly approved ANDA, we’ll be making both 5mg and 10mg tablets for Glenmark.
Yessir. Ready to see for sure if WeeZhul is correct on these CNS drugs Elite filed this year as well. Lots of drugs for them to start pumping out over the coming months as approvals continue to roll in.
We also get the Mikah drugs back from limbo with Epic in about a month and a half I think.
The problem was never the naltrexone “half” of the formulation to begin with, though.
Clearly someone hasn’t done their DD.
Penny traders looking for their daily Happy Meal money? Hmm.
Sure, they want Methadone, the 30-40M market product but not Percocet, the 500M market product? l.o.l.
That’s so awesome. I remember looking at the price at .95 or so years ago. Poor college kid at the time though so I couldn’t have gotten enough to make a big difference. I agree the potential is the same here as well.
Thank you sir. Surely we hear something soon.
Nasrat said they responded on the last CC or no? Can’t remember.
More a reflection of the OTC market in general than Elite specifically, IMO. I believe many firms are prohibited from investing in stocks that are either not big board stocks or below certain prices like $5 a share, for example.
Then perhaps one should reframe the question from:
“total nonsense, what credible analyst agrees with any of that nonsense?”
to:
“total nonsense, what credible analyst agrees with any of those projections?”
Is there any analyst at all that would disagree that Elite has several products launched, approved, and pending with the FDA? Lol. Sheesh.
I think so as well.
I mean I’m sure the Black Plague outbreak in England in 1348 was pretty painful too. Didn’t affect me though, just as much of Elite’s early history didn’t either, so.....
I bet 99% of us haven’t been here 27 years tho, so...
So social media vs an official company press release. Got it. Lol.
Rekt.
Previous close at .1149, trade range today as low as .1150 so far. Dunno if that counts.
Trade at 0829.
Interesting, thanks for the info!
I’ve seen it happen with this ticker. Don’t know who is able to, but they do on occasion - usually on news days.
Boom baby! 2 approvals in 30 days!
What you posted said that.
What I posted did not, and was referring directly to the FDA's order that those medications be pulled, so.....
Didn't know "immediately" could mean 3 or 6 months. Oh the things I learn here. LOL
Wonder why the FDA gave companies of those roughly 500 meds this much time then? LOL
"The makers of the drugs have 90 days to stop manufacturing and 180 days to stop distribution."
NOPE. Not if they were based on the same ingredients that had been marketed long before that federal law requiring agency review for safety and effectiveness took effect.
That would mean you're claiming that the FDA allowed illegal medications to be sold to the public for almost 50 years? Sounds like quite the accusation. LOL
Actually, no, that was not the entire claim. And I never argued that Lodrane or the other pulled products were approved by the FDA. LOL.
"ah the illegally marketed product"
Was not illegal.
No, for once we can agree on that specific situation. Would be a terrible idea indeed. If you're generic, pricing is certainly key.
Glad we could clear up that post that was completely wrong.
There are some patients who request the brand because they doubt generics are equal in quality. I don't think that's true in the majority of cases but it is what it is. I've also heard patients say they swear that only the branded drug works for them where generics of the same drug do not.
No, they were not illegal. Many were based on ingredients that had been marketed for decades. They pulled them due to potential safety issues.
"The decision is the latest in a campaign by the F.D.A. to remove unapproved drugs from the market. Many have been marketed since before the 1962 federal law that required drugs to undergo agency review for safety and effectiveness, or have the same ingredients as drugs marketed before 1962."
It actually wasn't illegal, btw.
As to the second part:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142405233
dr_lowenstein Member Level Monday, 07/23/18 11:25:01 PM
Re: NASDAQ2020 post# 295387 0
Post #
295388
of 295650
Why? Why would anyone pay for a “branded’ product when they can get the same med from a generic
Lodrane was. Your point is? Still didn't answer my question, big shocker.
Why do the original pharmas who come up with branded products continue selling them when cheaper generics become available if there is no one to sell the branded drug to? Lmao
Hilarious that anyone would claim nobody buys brand name drugs anymore once generics are available. LOL.
Using that logic, why do any pharmas of branded products continue manufacturing the brand at all when cheaper generics are finally allowed, approved, and launched?
Why can I go into Walmart, Target, etc. right now and find branded Tylenol when generic Acetaminophen is sitting right next to it on the shelf and has been available for years?
Now it should be higher. Glad we agree.
Wrong. Any abuse deterrent drug on the market now or even in development and close to approval can be abused by swallowing too many pills, period.
Also conveniently add to the fact that no one can produce an instance of that actually happening. Not a single one.