Elite Pharmaceuticals Inc (ELTP): Sorry Couch. It was confirmed that our...

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Re: Couch post# 87562

Sunday, 09/14/2014 8:36:35 AM

Sunday, September 14, 2014 8:36:35 AM

Sorry Couch. It was confirmed that our patents will not protect us for the next 15 years even though Nasrat said they would as he stated below.

PATENT 13/863,764
Abuse-Resistant Oral Dosage Forms And Method Of Use Thereof

Transaction History
Date Transaction Description
12-06-2013 Reasons for Allowance
Quote:
Roughly each 505(b)(2) NDA would go somewhere between $7.5 and $10 million. You are correct we are going for the truncated version we are not going to wait 10 years to get a 15-year exclusivity we will get a three year exclusivity and -- our patents will protect us for the remaining 15 years. -

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