Elite Pharmaceuticals Inc (ELTP)

[Jimmy Joe]

It is amazing what just one drug can do for a company. Specialty drugs that not many companies make due to complexities in manufacturing or development of testing methods can be huge profit makers for pharmaceutical companies.

Although Percocet and Norco do not fall into these categories
SequestOx does due to its PIP ADF technology.

One such drug that is a billion dollar baby in the injectable business is propofol. This milky drug not an easy drug to test or develop.

Big bucks though. Mighty big bucks. Only a few make it.

Only Elite will manufacture SequestOx which as previously mentioned will be the pain management drug of choice.

As also mentioned Percocet will be a nice addition to Elite's drug portfolio. Just with that drug alone the revenues should ramp up nicely. Norco will be another to partner with Percocet in giving Elite revenues that will more than likely triple from where they are today. Very conservative estimates here too.