frisko6@yahoo.com
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I didn't calculate , but they made just a little 9 mill and change, didn't break 10 mill, for the first 3 months of this year,
one of these Q's I will be right
but still, looking good, they got the hottest drugs on the market, every body wants a piece of Elite
the future looks bright
Nice, Employees up to 53 now, and the investment in a sales and distribution organization, should be a one time charge.
they are selling the hottest drug on the market right now, the buyers will come knocking on Elites door. Should be no problem.
You got my respect, you've.been doing this for years
I have so many questions for the CC, don't know where to start'
1: how is Mr Kirkov doing with sales
2: did we get paid from Lannett, and why on Lanntt's site does it say we still make the generic Add.
3: How is the transition going, make any big deals yet ?
so many questions, so little time,
OH what about API ?
well any way, I won't E-mail Dianne, these questions are obvious, just hope we get some guidance from Nasrat
dianne@elitepharma.com
General questions by 5:00 PM EDT on Wednesday, June 28, 2023
Financial questions by 7:00 PM EDT on Thursday, June 29, 2023
Round up the usual suspects
OH sorry, didn't know, I looked at Sunrise as sort of an Ackme pill stamper, just for reference
they have been on the shortage page for about 9 months
but what I was trying to say is , Why hasn't one of the big boys bought them out, just to get in the game,
because of the DEA, limits on the API,
don't ya think they would all be there,
SHUT ME UP
To add to the conversation . my 2 cents
I ck the shortage page daily noticed USPHARMA last, under Teva, came on way back in Dec. or so, 4 months later they shot their wad, now they gotta wait, Sunrise came on, says they are current, no shortage, never heard of Sunrise, looked into, I think they have 5 employees , their stock is in storage, so they say YES, we got plenty,
So what I'm driving at is, Why didn't Pfizer or JNJ or Opko, swoop down and buy them out, just to get in the game, Reason,
The DEA , If PFE was to buy a new kid on the block, they would have to wait years, to prove sales,
just like the rest of us
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
There is a lot of talk now, on the hill, about shortages
https://www.cidrap.umn.edu/resilient-drug-supply/us-policymakers-acting-bolster-drug-supply-chains-amid-critical-shortages
Enter Mr. Kirkov, stage left.
Lannett on the shortage page, new update, they are Golden,
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
https://www.lannett.com/products/
So at first glance, it tells me, they are using left over API, from Elite, to complete the run, but that should have been done months ago, unless they made a deal with the FDA, because of the nation wide shortage, which if OK, by me, but will we get paid from Lannett, now that they are in BK. That is the question ?
Not quite sure what you mean, but if you go to Lannetts product page you will see both tabs and caps being made by both company's at the same time. ODD
https://www.lannett.com/products/
It would also be nice if the DEA would open up the flood gates on the API.
New on shortage, now TaKeda out of Japan is having a problem, and according to this article the white house is getting involved.
https://fortune.com/well/2023/06/20/adderall-alternative-vyvanse-adhd-drug-shortages/
They are hiring more people, just added another one today.
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs
THX, Imanjen, got it.
just hope they paid Elite, I tried to read the Legaleez, but my eye's started watering,
Lannett came out of chapter 11 last week , there are several SEC filings, just HUGE, couldn't read it all, We'll see what happens today
Markets are closed Monday, Federal holiday , in celebration of Juneteenth, all quiet till Tuesday,
look for news of Fins and a CC the week after, should get fins by the end of month.
This shortage should have been done by now
https://bringmethenews.com/minnesota-news/what-experts-want-you-to-know-about-the-ongoing-adderall-shortage
The FDA/DEA has created a situation that is out of control
Hey Nasrat, Take us along for the ride
PFE is running out of antibiotics
https://finance.yahoo.com/news/1-pfizer-expects-run-antibiotic-005422247.html
Elite has Doxy on hold, could be a margin problem,
maybe they will get a call
They are hiring more people
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs
Oh, it's an antimetabolite,,
https://finance.yahoo.com/news/elite-pharmaceuticals-files-anda-us-100000621.html
could be the one in shortage, if it is,
could get on the fast track
OK I know, it's a reach, but it's all we got right now, lol
Reviews for Xeloda/ Capecitabine
https://www.drugs.com/comments/capecitabine/xeloda.html
this stuff works for lots of people
I did a huge cross reference with Antimetabolites and found one in shortage , Capecitabine,
https://www.verywellhealth.com/antimetabolites-5324608
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
Took an hour, from the list provided.
found another that's injection Fludara,
but who knows what's short these days,
https://www.yahoo.com/news/chemotherapy-shortages-push-cancer-centers-100000976.html
I know I know, the 2 drugs mentioned here are intervenes, injection
https://www.nbcnews.com/health/health-news/shortages-cancer-drugs-fda-rcna77913
https://my.clevelandclinic.org/health/drugs/24790-antimetabolites
I'm hoping it gets put on the fast track, because now there is a shortage of Chemo drugs too.
I wonder of Mr. Kirkov has contacted any of these tele/health people
https://adhdonline.com/?utm_term=adhd%20treatment&utm_campaign=23+Search+-+Treatment&utm_source=bing&utm_medium=ppc&hsa_acc=7227615044&hsa_cam=19679584792&hsa_grp=1354600813879782&hsa_ad=&hsa_src=o&hsa_tgt=kwd-84663663624770:loc-61&hsa_kw=adhd%20treatment&hsa_mt=p&hsa_net=adwords&hsa_ver=3&msclkid=2f2b69c12bb4191aaef60d420e57fcd2
Looks like they hired somebody, used to say 5 jobs, and also they added another job that says Mon. threw Fri. +1
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs
Conic, I tried to reply, but the post had been taken down, GOOD,
Elite was not splitting the profits with Teva, as we all know, anf if I was Teva I'd be pissed, but that did make Elite look good for a while, to be aligned with such a big heavy hitter, lol
Thx bulldog, good read,
nice to see.
We are about 3 weeks away from the yearly Fins. Hope to hear from Mr. Kirkov.
Looks like it's melting upwards
THX, but I don't see it in the Orange book ? Under Epic
https://www.accessdata.fda.gov/scripts/cder/ob/index.cfm
Also I don't see it under the (I), only 3 pharma"s make it,
and not under D either ? for dynacirc
This site has Isradipine in shortage, but I don't trust it
https://www.drugs.com/drug-shortages/
So I read this line by line
https://www.ibtimes.com/opioid-crisis-sackler-family-receives-immunity-civil-lawsuits-6-billion-settlement-3697047
The Sackler's get off the hook, OK OK
now I read couple weeks ago they would not pay if the FDA lets generics make their OXI, What we are not privy to is the fine print,in the court docket's, I'm sure Nasrat is looking too, If Purdue lets the FDA block generic makers, then we are dead in the water with this one.
A bridge to far:
So Purdue has a problem with the little guy cutting into their billion dollar business, NOT FAIR, , that Elite or others can't make a Proffit off a half million over doses, Hundred's of thousands coffins. They don't want anybody cutting into their profit margin,
IE, territory,
Nasrat states he will not make generic Oxi if there is not chain of custody, that is, they must have tracking, from Dea API to manufacturing to wholesaler IE the middle man, to the pharmacy to the prescription, that goes to Aunt Betty. And I don't blame Nasrat one bit, tell me, can you sleep at night ,knowing this , Just to make a profit
I don't think so
I see Lannett still has Elite down as a generic Adderall maker, still listed as both make the product,
https://www.lannett.com/products/
Lannett must have made a phone call to help with the transition, demand is so high,
could it be called a Mini Merger ?
Looks like Mr. Kirkov needs a trip to Hawaii
https://www.msn.com/en-us/health/medical/shortage-of-adhd-medications-in-hawaii-drags-on-frustrating-patients-and-pharmacies/ar-AA1c4dvL
burn up some saddle leather
Well, when people sell out of the blue chips, and banks are closing, and there are billions if not trillions sitting arround in their accounts, they may want to put it somewhere safe.
Right on Jimmy Joe, I always said, park your money in ELTP. It aint going any where for a while.
An Article from the Fool
https://www.fool.com/investing/2023/06/04/money-supply-since-great-depression-big-for-stocks/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article