Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

This is HUGE news!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

AMAZING FIND!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Quick Lannett ER Update

Good afternoon everyone, so I went through the orange book for Lannett's approvals and the good news is that it appears they have parked by discontinuing their recently approved Adderall ER for now, this could be to keep their ANDA numbers low so they do not have to pay for a higher facility fee based on active ANDAs. But the good news is that so far they are only selling Elite's ER drug so hopefully that will give us a full year of sales in Walgreens, potentially 5-8% market share if the same as the IR product as we currently are getting 25-28M/Year in the IR market.

Approval Date: Nov 26, 2021
Applicant Holder Full Name: LANNETT CO INC
Marketing Status: Discontinued

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