Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

And Couch this is only the $400 million Oxy IR space.

Did I hear him say 1 or 2 more NDAs this year possibly?

If Elite can capture parts of another opioid market or two it will be additive. Everything is cumulative. All $$$$$.

ALso switching gears... can understand why Epic is delayed in submitting dantrolene and loxipine filing to the FDA. Oxy IR.
Can also understand why Elite is not as concerned about these two generics as they had been in the past. The EIL-200 505(b)2 NDA filing may have something to do with that.

CC before Nasrat had said that it was important to get these two generics out there. Not this CC. Execution of his plan is working out so it seems.

The Epic Oxy 15% revenue to Elite is huge. Epic makes even $20 million in net revenue.... Elite will get a $3 million portion of that. Just using $20 million as an example. Know nothing about what revenue Epic expects.

What I do know is what our facility makes on generics and it is nothing to sneeze at. I am sure Elite will be able to use the monies toward a phase trial or two possibly paying for them.