frisko6@yahoo.com
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I wonder if the FDA/DEA let Elite have Lannett's share/allotment of API, that's why the second shift.
Sales are through the roof, Lannett can't keep up, there is a nationwide shortage, could be a big difference to both company's bottom line, they got a good thing going, don't stop now.
Snup, keep an eye on little ole Elite, you will know when she's ready to pop, that's when we will let you buy in, no regrets.
GL
Just checked the Orange Book, interesting, Lannett just Disc. the Adderall Tabs, now they are both waiting in the wings.
https://www.accessdata.fda.gov/scripts/cder/ob/index.cfm
LOOKY LOOKY they got a 2nd shift WHOO HOOO
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs
I don't see Lannett on the list. Nor on their site.
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=browseByLetter.page&productLetter=V&ai=0
Could be a first starter for Mr. Kirkov
THX good to see
They keep talking it up, I keep posting
https://finance.yahoo.com/news/fda-signals-shortage-teva-pharmas-102523793.html
Could be so, If Elite has another partner or plan, we'll see what happens.
But actually, come to think about it, I don't think Nasrat would leave them in the cold, that's not his style, Lannett doesn't make Cap, s just yet, it says Disc. in the orange book.
Thats when the contract runs out with Lannett
YES, why not, they could use a factory here in the US, and Elite is top of the line.
The best little Adderall maker in New Jersey.
And OH, if they did want to buy or merge with Elite they may want to wait till March 23
We got what they want API and a facility, and 43 already highly trained employees, there smart people .
Now if you scroll down to the bottom, with Teva you'll notice 3 of the big caps, the 10, s 20, s and 30, s won't come back till March 23, now how can they be so sure that will happen. hmm
https://www.accessdata.fda.gov/scripts/drugshortages/dsp_ActiveIngredientDetails.cfm?AI=Amphetamine%20Aspartate;%20Amphetamine%20Sulfate;%20Dextroamphetamine%20Saccharate;%20Dextroamphetamine%20Sulfate%20Tablets&st=c&tab=tabs-1
also, the 12.5 and the 15
somebody better be burning up some shoe leather. Thats all I can say.
Now pay attention boys and girls
https://finance.yahoo.com/news/1-u-fda-warns-adhd-215548085.html
that means you
lol
Directly from the Teva fin's page Yahoo, now pay attention
https://finance.yahoo.com/news/1-u-fda-warns-adhd-215548085.html
Kayak, Teva has to answer to their shareholders, they just showed up on the new list
https://www.accessdata.fda.gov/scripts/drugshortages/dsp_ActiveIngredientDetails.cfm?AI=Amphetamine%20Aspartate;%20Amphetamine%20Sulfate;%20Dextroamphetamine%20Saccharate;%20Dextroamphetamine%20Sulfate%20Tablets&st=c&tab=tabs-1
Elites in the cat bird seat, Lannett shot them selves in the foot again,
there is suddenly a nationwide shortage of Adderall, DUH, didn't see that coming, now they must sell every pill Elite makes, that will make Elite look good, to pharmacies, the nation needs Adderall, , but Lannett does not want Elite to look good or get a foot hold or repeat customers for their best generic Adderall, because ,tElite will be the competition in the future, but they must sell, but Lannett doesn't sell, but Elite demands they sell, and Lannett needs the money to pay the bills, And throw in the API prob, does Lannett get as much API as Elite, maybe only for tabs, or caps, during this transition, can Lannett start selling generic ADD, now, the pharmacies want to know.
STOP ME
before I lose my mind
AWKARD,
Looky Looky, currently in shortage, wow, did we see that coming
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
The FDA is slow, but they get there, lets guess who's next on the list,
coming in cold, but we all know the big players will be there, just give it time
my first guess Sandos, they always show up for the party
Lets see if I can reply that makes sense,
just to make their stock increase and satisfy their stockholders:
Lannett is pleased to announce that all its generic Adderall commitments are being met during this current shortage, thanks to Elite Pharmaceutical's that supply Lannet with the best generic Adderall products we have ever seen, We are most grateful that Elite Pharma can come through for us in this most desperate hour.
but 6 months from now we shall compete against each other on the battlefield of the Pharma world, who can outsell who, life or death, jobs are lost or gained,
is that too much drama?
AWKARD
They took down TEVA from the resolved page, now all we got left are the 2 that don't make it, I first thought it was just housekeeping, you know, after so many months they get deleted, for non-use, but the other 2 have been there for years, doesn't add up. So, the logical is they are getting ready to create a new page for shortness, there taking their time for political reason I'm sure, nobody wants to look bad during election season. It's a hot topic, can go all the way to the top, somebody screwed up and everybody wants to know who's to blame.
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
I just read the bottom of this list, C/P If Lannett can't fill in the void, And make some big money, someone needs to be fired !!!!!
Estimated Resupply Dates
Amneal has 5 mg, 10 mg, 20 mg, 25 mg, and 30 mg capsules on back order and the company estimates a release date in October 2022.
Camber has all presentations on back order and the company cannot estimate a release date.
Par has 20 mg and 30 mg capsules on back order and the company cannot estimate a release date.
Rhodes has 10 mg capsules in limited supply. The 15 mg capsules are on back order and the company cannot estimate a release date.
Sandoz has 25 mg capsules on back order and the company cannot estimate a release date.
Sun has 20 mg and 25 mg capsules on back order and the company cannot estimate a release date. The 5 mg, 10 mg, 15 mg, and 30 mg capsules are in limited supply.
Teva has all presentations on intermittent back order and the company is releasing supplies as they become available.
Good to see, I just went to the ASHP drug shortage list, Lannet has in stock EX caps
https://www.ashp.org/drug-shortages/current-shortages/drug-shortage-detail.aspx?id=863
All the biggies are running out of Adderall, on this list I do not see Lannett
https://www.beckershospitalreview.com/pharmacy/adderall-generic-shortage-worsens-to-28-products-on-back-order.html
as I recall they said they were good, have plenty. We get Fin's in about 4 weeks, let's see how they did.
Elite may not be allowed to say anything to the press whilst they are under contract with Lannett, if you think about it, it's up to Lannett to comment, Elite is just the supplier, it's not Elite's place to say anything, cept (no comment)
also , did notice on the shortage page they only have Teva making Adderall ,
no more Lannett and the other 2, or 3 that were on the l last month,
Teva is getting all the Pub and the heat right now. Something's in the wind with this shortage.
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
We shall see how it comes down, could be mergers in play but they are not allowed to say.
I cherry picked this article that came out yesterday duckduck go, Adderall Shortage
Teva Says Adderall Supply Delays Will Continue for Next 2-3 Months
A spokesperson for Teva Pharmaceutical Industries Ltd. said the company will continue to face challenges supplying amphetamine/dextroamphetamine (Adderall) for the next 2-3 months, Bloomberg Law reported. The combination drug, which is popularly used to treat attention-deficit/hyperactivity disorder (ADHD), has been in short supply since August, following a labor shortage at Teva in the summer. Teva is the main supplier of Adderall the United States, selling both branded and generic products, and the demand for the ADHD drug is at an all-time high.
Looks like Teva needs some more help and API, they could use and extra 43 employees, for sure.
The FDA is messing around with thiere resolved page, I don't see Lannett or Sandos anymore, Shire ?
https://www.accessdata.fda.gov/scripts/drugshortages/default.cfm
Mr Kirkov, again, this site even has earnings on 11/11
https://www.marketscreener.com/quote/stock/ELITE-PHARMACEUTICALS-IN-120786915/company/
And also Mr. Kirkov on CNN, He's getting around, must be popular.
https://money.cnn.com/quote/profile/profile.html?symb=ELTP
Found Mr Kirkov in MSN money
https://www.msn.com/en-us/money/stockdetails/company/fi-a2fi8m
Words getting around about him
Found Mr. Kirkov on the Yahoo fins page too.
https://finance.yahoo.com/quote/ELTP/profile?p=ELTP
Not sure if I posted this one, still worth a second look
https://www.foxbusiness.com/economy/adderall-shortages-impacting-adhd-patients
THX no2, as I recall Lannett came out with a cocaine nasal spray call Numbrino, just before the pandemic, then all surgeries stopped and they could not move the pain killer, a spray to numb the pain, Truth be told, I would love to try it, lol,
well any way, Lannett is allocated so many pounds of Cocaine, if they don't sell X amount, they can't order any more than the original order, Same with Elite, with Meth,
Billy Bobs pill factory in Mena Arkansas can't request 20 pounds of meth or coke, without due prosess or proof of need and sales,
now I'm out of words, I can only go out there so far, lol
THX, HGILS I get it now, I was always wondering how they did this, taken it down, the two accountants, legal like,
That REMS is coming around, they got stopped with the covid
Elite is on two lists
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process
lets hope Elite is next
Always the question about the API, or supply chain, I love this new news about Lannett, Mr Kirkov can fly, they got the API, a proven track record, increasing 10% a year, or more, HUGE
Wich means, they got the API problem solved, Or Maybe Lannett thew some weight around and got the API for Elite that they needed, or maybe just a communication problem, (the left hand doesn't know what the right hand is doing.)
Just glad they got it done.
Novartis
https://www.bloomberg.com/news/articles/2022-10-06/aderall-shortages-eight-companies-report-issues-amid-record-high-demand
from this report
The University of Utah’s update now shows Camber Pharmaceuticals Inc. and Sun Pharmaceutical Industries Ltd. reporting shortages of generic extended-release Adderall. Lannett Co. previously had short supplies of a dose of generic extended-release Adderall. The company is no longer reporting that shortage, according to the update.
NICE, Elite picked it up, looks like they are selling everything Elite can throw at them, could be a November to Remember,
if so,
I take back every thing bad I said about them.
One more
https://www.msn.com/en-us/health/medical/there-s-a-shortage-of-adderall-and-people-are-seriously-suffering/ar-AA12G3WJ
Now I'm having trouble getting reports from Israel, it's like a lock down for info about Adderall,
could be for a good reason.
There are more reports that are current
https://www.msn.com/en-au/health/healthnews/ongoing-shortage-of-adderall-and-generics-worsens-nationwide/ar-AA12GpDL
OK, now back to my DD
https://tuftsdaily.com/news/science/2022/10/07/bite-size-science-adderall-shortage-propelled-by-increase-in-adhd-diagnoses-supply-chain-issues/
this shortage is coming around, getting worse, Teva is still having probs, seems to be spreading quickly, can Elite keep up ? maybe it's a good thing for Elite, can they fill the void, get noticed ?
How do the market makers get away with this,
how come 33 is at the ask, now playing games, there has been over 600k on the ask at 4 and 4.2 but someone comes in with 175 at 33 and it goes threw.
I'm with TDA, last time I bought 50 thousand at the ask it went threw in the blink of an eye, before I could refresh, I'm not allowed to put in an order if I don't have the money to back it up,