Elite Pharmaceuticals Inc (ELTP): You are right. I had to research to ref...

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Elite Pharmaceuticals Inc (ELTP)

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Re: NASDAQ2020 post# 202872

Thursday, 06/02/2016 9:10:51 PM

Thursday, June 02, 2016 9:10:51 PM

You are right. I had to research to refresh my memory. Sales are off to a decent start. Egalet received about $2M in royalties from their first quarter, with mid-single digit royalties translates to about $100M in gross annual sales based only on their first full quarter so I would expect the ramp up to continue to climb at a pretty good clip.

I think Elite could do much better than this due to SequestOx having far greater benefits.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
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