Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

there is massive confusion over the elite product numbering system, so let's assume for the moment that 200 is IR Oxy/Nal. what is the market potential? while there are many prescriptions written for IR Oxy, the dollars are with the ER version. Egalet recently licensed IR Oxy from Acura. In that agreement a milestone threshold is described, $150 million. Usually these milestones are fairly lofty goals and usually are set for 5 years or so out. Could be a nice product for someone but hardly the billions and billions we keep hearing about