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WRONG AGAIN!
Nasrat was a fighter and still is. He proved all bathers are wrong.
Numbers never lie!
I already like our new KING! :)
Congratulations on your inauguration, may God bless you as you drive our great Elite family to greater and greater heights.
Cheers 😀
Lol you are funny 😁
Totally agreed. He is a very smart CEO and I remember at certain point Elite only had Lodrane which was forced to stop manufacturing it due to FDA policy change. That was one of the time that Elite could have gone under water. Then Nasrat become CEO a couple years after and within 10 years now we have an OTC company which has annual sale of $40M+ and in a year or two we will have $100M+ sale in my opinion. Plus we have been cash flow positive for many years now and with a very strong pipeline and lots of needle movers drugs.
Nothing happened by chance rather than with a great leadership and by someone who cares for shareholders, including himself.
Numbers never lie!
Cheers
WRONG! Nasrat navigated us nicely through many storms in the last few years! Hat off for him.
Imagine GoatLand and a GoatLand King. It's hilarious
Great post! I feel it's over. Case closed!
Re to Vyvanse, let's cut the annual sale by half:
2% of $2.55B ($5.1B/2) is $51M
5% of $2.55B ($5.1B/2) is $127.5M
10% of $2.55B ($5.1B/2) is $255M
Interesting ;)
Numbers never lie!
Re to Vyvanse:
2% of $5.1B is $102M
5% of $5.1B is $255M
10% of $5.1B is $510M
Numbers never lie!
Great looking list. Thanks! I feel like another one will get checked very soon.
Cheers
I think we will be breaking 0.2 barrier this week.
Just my 2 cents!!
Good morning Winechemist. Your comment regarding Vyvanse totally makes sense. I'm excited about Generic Oxycontin too. I just hope after that approval they also chase SequestOx or the patented version of ADT Oxy without Naltrexone which is 90% cheaper to produce, I'm refer to below comment from Nasrat.
“I am extremely excited about this formulation because it is also a platform that applies to all the IRs and its about 10% of the cost. So we're extremely excited about this, but it's still early, in the next few months once Dr. Smith files a patent and we do a few more trials, we’ll update everyone more about it. “
Thanks again Winechemist for your insight Much appreciated
Morning Winechemist!! Thanks for the reply and your input. Your expertise is always appreciated here.
So 8% of 1.56B Adderall ER is $120M+ that is a big number for a small Elite.
What is your opinion about Elite Generic Oxycontin and Purdue lawsuit and also Generic Vyvanse that possibly get launched in 2024 by Elite?
Thanks again and congrats with your achievements and launching new ANDA.
Cheers
Hi Winechemist, hope all is well! We are over due for an analytical post from you about Elite. I love to hear your expert opinions about our situation now and what would you think about our future at Elite with Vyvanse, Concerta, generic Oxycontin, needle movers.
Thanks in advance
RIP I always wished the news about them be fake news! Like many fake non sense users
I miss Couch, no2Koolaid, Laser and the Winechemist.
Has anybody heard anything about Winechemist recently?
Beautiful list! Elite is a gem!
It's all about not paying Tax and using the loop holes in regulations! Simple!
Ok I see but if they have enough API then I believe it is easy goal , only 5% market share
So, then roughly 5% of Adderall XR and it has potential to get 10% market share or maybe more.
Numbers never lie!
Do you think Prasco can sell $20M per quarter of Elite's Adderall ?
Agreed with you James. Not only actually gave us the media exposure so many find out who is this gem, the Elite but also it is the sign we are sole and first generic ADT Oxycontin. BTW ADT is/should be identical to Purdue's but after we get into Generic Oxycontin market then we have our own SequestOx in the back pocket which will make us the First again.
Purdue has analyzed all of this and that's why they felt huge threat from the sleeping giant, the Elite.
Good luck to you!
Go Elite!
Sacklers still have hope to exist in Pharma industry through Kona Pharma and Rhodes Pharma and maybe others the just love money. It seems they are waiting till all of the lawsuits get to a closure and they will come out of bankruptcy.
Anyway, Elite with first generic Oxycontin is the biggest threat for them at this point so they started sueing to see if they can stop us.
But Elite is not stoppable!
Go Elite!
So, we are the only one and the first! Loving it :)
That's why Purdue got scared because they still may think they can get out of that sinkhole they've created and obviously they still love making money with Oxy. Elite is disrupting that mindset. Simple!
Go Elite!
Do we know who else other than Elite has filed for generic Oxycontin w ADT? obviously Purdue's ADT
and we did! GLTY
Lots of good things are in the funnel for 2024!
Yes, please share if you find one ;)
Generic Oxycontin is only icing on the cake. With well planned ADHD drugs like generic Adderall, Vyvanse and Concerta Elite will be over $1 pps.
I don't sell any shares :)
Numbers never lie
I agree with Pharma Sleuth, last few years Elite main focus has been ADHD drugs and with Adderall, Vyvanse and Concerta, the billions dollar drugs, Elite will be over $1 pps. Oxycodone is just icing on the cake.
Please don't mislead new investors.
Numbers never lie!
Why Purdue Pharma, Sackler family, who pleaded guilty and are under watch by supreme court, public and governments officials would file a lawsuit to sue a small OTC company, Elite Pharma?! Why are they worried? I agree maybe ELTP is the FIRST company that filed their submission for Generic Oxycontin so they got scared. Don't forget Purdue knew Elite (ELI) from long time ago back in 2004 and knows they are capable, a sleeping monster ;)
Welcome back Drugdoctor! Always liked your DD.
Cheers for a new high together!
Numbers never lie!
Fundamentals are strong!
GLTY
2% of $5.1B is $102M
5% of $5.1B is $255M
10% of $5.1B is $510M
Numbers never lie!
Agreed! Still a few of them still hanging around but they FAILED!
Numbers never lie!
Long and strong Elite!
Here you go :)