Elite Pharmaceuticals Inc (ELTP): If Elite was doing 5% of the Adderall E...

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Re: NASDAQ2020 post# 388093

Thursday, 09/21/2023 7:39:03 AM

Thursday, September 21, 2023 7:39:03 AM

If Elite was doing 5% of the Adderall
ER market, we’d be pulling in 70M+ annual revenue on that one product by itself. Let that reality bite sink in. Their ER market share is probably 1-2%. I’m hopeful the Prasco deal that it will enable much more ER revenue than Elite has been able to generate for the last several years. Knowing this I’m cautious to extrapolate Adderall IR penetration rates to all future products. Would 10% Vyvanse market be good news? That would be the best news ever. Let’s see what FDA says and what Kirko can do. Stay realistic and enjoy the ride.

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