Elite Pharmaceuticals Inc (ELTP)

[ARbigguy1]

Prasco revenue in the 100s of millions!
$150 million in sales were tracked by an independent consulting company during 2005, reportedly doubling the previous years' figures. link- https://en.wikipedia.org/wiki/Prasco_Laboratories

ST International Inc. - Prasco's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. It is classified as operating in the Drugs & Druggists' Sundries Merchant Wholesalers industry. Link - https://incfact.com/company/stinternationalprasco-mason-oh/

Prasco has partnerships with GlaxoSmithKline, Merck & Co, and MANY, MANY other manufacturers. Their sales and revs are going to be huge.
Prasco entered into agreements with Teva Pharmaceutical Industries Ltd. (Teva) and Shire LLC inn 2016 to acquire the rights to distribute Dextroamphetamine Saccharate, Amphetamine Aspartate Monohydrate, Dextroamphetamine Sulfate and Amphetamine Sulfate (Mixed Salts of a Single-Entity Amphetamine Product) Extended Release Capsules, CII, 5 mg, 10 mg, 15 mg, 20 mg, 25 mg, and 30 mg, the Authorized Generic (AG) version of Adderall XR® Extended Release Capsules, CII. Which was a huge contributor to Teva revs.

NOW Prasco is partnered with ELITE for generic version of Adderall XR!!! Think about what that means for ELTP revenue!!!