Elite Pharmaceuticals Inc (ELTP): It's been a while, hope all of you a...

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Re: The ELTP King post# 327565

Wednesday, 02/05/2020 5:19:50 PM

Wednesday, February 05, 2020 5:19:50 PM

It's been a while, hope all of you are well. I'll throw a guess out there

8.2M

based on manufacturing fees staying around 4.1M,as Lannet appeared to keep the same CNS market share this quarter, .6M for the sale of the two ANDAs and 3.5M in licensing fees as I was anticipating for the CNS IR Lannet getting roughly 10% of the market and grossing about 34M with Elite getting 37.5% split, which yields 12.75M or 3.2M/QT and the remaining products adding the 0.3M remaining on my estimate. CFP of 1.5M

All just a guess but hope I'm correct. GLTA

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