Elite Pharmaceuticals Inc (ELTP)

[lasers]

Record 8 ANDA ORIG-1 FDA approvals on May 12, 2017 by Dr.Scott Gottlieb's FDA, the highest ANDA day approval that I have seen.

$ELTP waiting now on their filed blockbuster Percocet ANDA approval which was filed in Aug 2016. FDA approvals projected any time after 10 months timetable is their current guideline. Jun 2017 is 10 months. IMO sometime between Jun to Sept 2017 for FDA approval for $ELTP Percocet. As well their second blockbuster Norco filed Dec 2016 should follow with FDA approval 3 to 4 months later.


http://www.elitepharma.com/pipeline-generics/