Elite Pharmaceuticals Inc (ELTP)

[ARbigguy1]

"retailers such as CVS, Walgreens, Publix and Myers" - ELTP has the distribution and customers in place for their undisclosed generic drug product in a class of medications called CNS stimulants. $5.1 billion for the brand and generic market for this product!!!
From the June conference call transcript -
Kirko’s mandate was to develop a commercial sales, marketing and distribution strategy, ecocide and distribution contracts with distributing partners such as McKesson, AmerisourceBergen, Cardinal, buying groups such as Premier Genetics, Optisource, Topco, RX Sourcing strategies, LLC, retailers such as CVS, Walgreens, Publix and Myers.

He also set up the contracting with the Center for Medicare and Medicaid Services CMS to provide access to Elite's products. And was ready for national distribution of 29 NDCs on Elite's label by April 1st, 2023. We got him in September and October, he already signed the contract with Crossroads the 3PL in November, he had the first contract delivered to us with Premier by December. He had contracts with Publix, Myers, Optisource, Golden Oaks and then Red Oaks, which is 50% for our business. He had contracts in place with all of these guys in addition to working with the staff, getting license in all 50 states, listing at in the compendium as well.