Monday, May 22, 2017 6:49:44 PM
From SeekingAlpha..
Elite Pharma buys ANDA for generic antidepressant from Mikah Pharma
May 22, 2017 4:46 PM ET|About: Elite Pharmaceuticals,... (ELTP)|By: Douglas W. House, SA News Editor
With the aim of preserving an uninterrupted supply of product in the U.S., Elite Pharmaceuticals (OTCQB:ELTP) acquires the ANDA for antidepressant trimipramine maleate from Mikah Pharma, LLC.
Epic Pharma will manufacture per its current agreements with Mikah. Dr. Reddy's Labs (NYSE:RDY) will market.
The U.S. market is ~$2M.
Elite Pharma buys ANDA for generic antidepressant from Mikah Pharma
May 22, 2017 4:46 PM ET|About: Elite Pharmaceuticals,... (ELTP)|By: Douglas W. House, SA News Editor
With the aim of preserving an uninterrupted supply of product in the U.S., Elite Pharmaceuticals (OTCQB:ELTP) acquires the ANDA for antidepressant trimipramine maleate from Mikah Pharma, LLC.
Epic Pharma will manufacture per its current agreements with Mikah. Dr. Reddy's Labs (NYSE:RDY) will market.
The U.S. market is ~$2M.
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