Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

N2K, Lasers.....

I agree with you N2K, strategy is NOT about transparency. Cannot tell your shareholders all and that is why it is called investing.
The prize is the ADF market. Great that Elite is not just standing pat with what they have.

Lasers the Percocet ANDA could be a win win for Elite and is another brilliant product to get approval for.
Currently there are 12 different manufacturers of Percocet for a total of an approximate $700 million market.
What should happen if one or two of those manufacturers has compliance problems and gets shut down. Other manufacturers will have to take up the slack.
Had a similar thing happen at my company where Hospira had compliance issues and we were one of the companies that took up the slack. Made out nice on controlled injectable drugs.
Percocet will be a nice drug to have in my opinion regardless of what they are able to generate. In this industry things happen. Facilities get temporarily shut down. One has to be ready for all contingencies.