Elite Pharmaceuticals Inc (ELTP): As noted, this is a 53 year old firm wit...

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Elite Pharmaceuticals Inc (ELTP)

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Re: DR Ryan post# 363094

Thursday, 12/09/2021 11:02:45 PM

Thursday, December 09, 2021 11:02:45 PM

As noted, this is a 53 year old firm with a good brand reputation and extensive commercial reach. The reach into new ex-US markets matters because...

The US ADHD (Attention-Deficit Hyperactivity Disorder) market size stood at $4.61 billion USD in 2019 and is projected to reach $7.15 billion USD by 2025. While the global ADHD market is expected to move from $29.56 billion USD in 2021 to reach $45.68 billion USD by 2025.

It is a BFD for Elite, as revenues will be a multiple of what they are today. Then there are the new ANDAs...one of which should be a generic Vyvance that comes off patent protection in 2023...dang, there it is again...the year 2023. Vyvance has global sales that are more than twice the combined sales of Concerta and Adderall XR.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM

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