Elite Pharmaceuticals Inc (ELTP): “OxyContin generated $2.3 billion in net...

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Elite Pharmaceuticals Inc (ELTP)

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Tuesday, 08/16/2022 12:08:01 PM

Tuesday, August 16, 2022 12:08:01 PM

“OxyContin generated $2.3 billion in net sales in 2010. “By 2018, that number had dropped over half to $820 million and by 2020 had further dropped to $517 million,” Purdue executives said in filings.

Smaller than Adderall market, but we’d be among first generics to enter market. No generic exists yet, but doors are opening and we’ll see how quickly Elite can get their trials done compared to competition.

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