Thursday, February 23, 2023 10:27:08 AM
Elite has to file Form 250 by April 1 asking for 2024 quota based on historical sales and previous quotas and can usually add 10% to previous years. So in theory Elite already has all of 2023 quota approved, Lannett not so much if they got any at all. Yes Lannett needs to file as a new company and will not get a large amount as they have no manufacturing history nor quota history for this compound, this is if the DEA even gives them quota as there is a shortage. We have seen them deny quota to new companies when the demand is this bad. Just wanted to give everyone a little context. Hope all is well with everyone. Russ
Deadlines
Annual applications for quotas must be filed on or before the date indicated of the year preceding the calendar year for which the quota is being applied.
DEA Form 189 for Manufacture Quotas must be filed on or before May 1.
DEA Form 250 for Procurement Quotas must be filed on or before April 1.
DEA Form 488 for Import Quotas must be filed on or before April 1.
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