frisko6@yahoo.com
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So let me ask, KBP 7072 a new drug, has been awarded Fast Track designation, before they get that fast track, don't they have to have a manufacturer lined up, per, FDA rules ?
https://www.kbpbio.com/index.php?c=show&id=25
Elite still has to award Bob Chen 900k shares,
Upon approval by the Board of Directors of Elite, Mr. Chen will be granted stock options to purchase 900,000 ELTP Shares. The options will vest over a threeyear period, commencing one year from the date of issuance. The strike price will be equal to the closing price of the Company’s stock as traded on the OTC
Bulletin Board (symbol ELTP) on the first day of employment
I'm not sure how this works, as have not seen no 900k go threw at at that stock price on his first day, two months ago, just wondering if they are keeping it low because Elite will have to make up the diff., from 5 cents to 3 cents , or possibly he didn't buy any stocks
Nasrat said Sabril will only be in REMS for a couple of months,
https://www.accessdata.fda.gov/Scripts/Cder/Rems/index.cfm?event=RemsDetails.page&REMS=364
I hope so
I know what your thinking, did I fire 5 shorts or 6?
last years first Q, was Aug 17
https://elite.irpass.com/profiles/investor/ResLibrary2.asp?GoTopage=2&BzID=2258&G=939&Category=2163
Nasrat did say I'll see you in 6 weeks.
put me down for my usual 10 mill
We should all keep and eye on KBP's pipeline
https://kbpbio.com/index.php?c=category&id=13
looks like one is either a Cap or Tab, let's hope Robert Chen will bring it to Elite, I think there is a good chance that can happen,
and well, KBP is out of Princeton, they know who Elite is, and I bet Nasrat would cut them a sweet deal. Will ask at the next CC. in 6 weeks
Good thinking, works for me
Doxycycline ? give it a rest, was used to help treat covid, ,
they applied about a year ago, didn't work out, nobody want's it now, there are better anti biotics , at least they tried, could be used in third world countries
OK, thanks, that's why we didn't see the numbers. When selling generic Adderall in Teva's back yard, one must be cautious, and one must remember IR is used a lot by collage students to keep awake, to study, and anybody else that is looking at a radar screen for 8 hours at a time,
they live in a different world than we do.
You just know it's zoned commercial, He got a deal, good for Naz.
Well, he just copy/paste, He's not an eloquent of word smith as you are, you should be honored he took the time to copy your post, you are the best.
Hey, he's just bringing up the same idea you had about buying the Mikah share of Adderall from Sungen, works for me, nice to hear conformation from another source, that you are right about the deal, witch is a little beyond me anyway, I didn't we know we could do that
Well, could be true, you never know
one must be cautious on the message board, you never know whos listening, lol
Pretty good volume, half mill already, first hour, I see the ask is rising, some peeps want in this thing bad, better buy before the CC, things are looking up
I agree HGIls, and besides, no one wants to buy a small
Pharma when their renting buildings to manufacture their product,
Just doesn't look good on paper.
Another thing no one is talking about, concerning the deal with Lannett, and Vigabatrin, they used the word (Territories), now I don't think Sabril is a C2,
Lannett Company, Inc. has an exclusive license to market and distribute the product in the U.S. and territories. Elite will exclusively manufacture and package the product for sale for an agreed-upon transfer price. The companies will share in product net profits.
New job opening, they need a DEA guy, assistant, Indeed, and they posted a couple more that have been on the site
https://www.indeed.com/cmp/Elite-Pharmaceuticals,-Inc.-1/jobs
You are correct, didn't see that coming..
THX, just incredible, but they still don't have (capsules) for XR.
will have to live with it,
and I do think the yoy is fantastic, we could break 50 mil. for the next 12 months..
and I still say Elite needs a spin Dr., you know, Use some embellishment, Express your self, sometimes, Nasrat sounds like his dog just died.
ps, I too ran out of posts, can't wait for the CC
Nice, they disc. The new Cap. XR, only selling Elites,. THX,
Good news
https://www.accessdata.fda.gov/scripts/cder/ob/index.cfm
Type in lannett
And you can go to Lannetts product page and see both Elites ER and IR. Northvale. NJ
Heres another study, ends Dec. 31. 22
https://www.clinicaltrials.gov/ct2/show/NCT04772547
I'm almost out of posts for the day.
I really don't think it makes that much difference, as long as its noted they make the product. Look at ER, it doesn't say capsules,
Also, you just know they got inspected first, before approval, and that 1000 kilo fluid bed dryer can easily be tweaked to pump out 500 mgs,powder, at a time, they must of had to re tool, no sweat. Possibly a second shift. Is in order.
Of course, now we wait for launch date, on both of them, and some guidance in the presser.
Dianne has been busy, already up dated products page.
https://elitepharma.com/products/
NOT A PROBLEM, FD stand's for (fair discloser), so that everybody gets the same info at the same time, to level the playing field, That's Nasrat covering his bases.
THX, We'll see how she opens,
my posts are limited, I think to 12,
TDA says up 4.5% pre-
Thanks for the info Zeta, I wonder if there could be an estimate for Elite, as in projected sales, or just an educated guess ?
Yes, good thing is, it will save on shipping, when Lannett comes by to pick up the Adderall order they can pick up the Sabril at the same time.
WHOOT WHOOT !!!! YEAH YEAH !!!!!! It may not be the MONSTER we've been waiting for, but little Gremlins get around fast.
Logically if they put out a Presser, it may go up, depends on the wording.
Hey King, it just came in on the FDA site, Elite Labs, Vigabatrin, 6/24
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process
We waited 6 months for this day, MY GAAAD
Thanks for your work WeeZuhl, your a shining light in this darkness we live in
Don't get me wrong, I'm happy they got a ANDA, took a lot of work, many years, you would think we could get some sparklers
I don't get it, the drug just got approved and not a peep from Nas,
he promised, as soon as we get some sort of an approval or encouraging response from the FDA, he would let us know.
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=browseByLetter.page&productLetter=V&ai=0
It's in the Orange book, and not under under Elite Shanghai,
More dots,
Roivant is getting some pub today, up early pre-, they are working with PFE, and a partner with Dexcel, and so is Elite.
Nasrat asked Pfizer for help with SequestOx, all he got was a blank stare.
https://finance.yahoo.com/m/8e384f1e-379f-3524-a654-3afc246311d2/roivant%2C-pfizer-unveil.html?siteid=yhoof2&yptr=yahoo
Elite put's them out around 9 am est., if it's mixed with Lannett then 7 am, Dianne has to haver her coffee first, lol
Thanks Winechemist, I did a little DD on Vigabatrin
from wiki .
Vigabatrin, brand name Sabril, is a medication used to treat epilepsy. It became available as a generic medication in 2019.[1]
also for seizures in children. must be mixed with other drugs, one must be cautious.
noticed it's in a powder form placed into a packet, then dissolve in water like Kool-aide. They must have had to re-tool for that one, for sure,
and you just know they got inspected again,
no respect !!