Elite Pharmaceuticals Inc (ELTP)

[Couch]

If you don't think Elite is in the midst of a Perfect Storm ~ think again. Elite owns 3 US and 2 Canadian ADT patents. READ THIS! The US will eventually follow Canada's lead.

Quote:
Elite Pharmaceuticals Awarded Second Canadian Patent For Abuse Deterrent Drug Formulation
Northvale, New Jersey, Tuesday, December 16, 2014:

http://ir.elitepharma.com/profiles/investor/ResLibraryView.asp?ResLibraryID=74669&GoTopage=1&Category=2163&BzID=2258&t=1948&G=939

Quote:
Health Canada Calls for All Opioids to Become Tamper-Resistant


http://news.nationalpost.com/news/canada/federal-government-reversing-its-decision-to-allow-generic-oxycontin-as-addictions-surge#__federated=1

Quote:
‘We want the whole class of opioids to go tamper-resistant’


The federal health minister said she is going to introduce legislation that will reverse the decision taken by her government to allow generic drugmakers to produce their own version of the powerful painkiller, OxyContin.

Rona Ambrose said the government is acting to combat the “silent killer” of prescription drug addiction, as part of a suite of measures that includes ensuring all opioids on the market in Canada include tamper-proof technology and developing new guidelines on prescribing practices for physicians.

Ambrose said that the regulations will initially apply to oxycodone products, but the goal is to make all opioids tamper-proof.

“We want the whole class of opioids to go tamper-resistant, starting with oxy. The challenge is to make sure no one company benefits,” she said.

The regulations will be listed in the Canada Gazette next month for public consultation, a process that can take one to six months.