Elite Pharmaceuticals Inc (ELTP)

[Winechemist]

Good morning Meshcan et all, my dad and I are still here and very excited for the future of Elite. Small world, my company just got our first approval under our rebranded name a few weeks ago and of all companies to reach out to partner was Prasco. We discussed briefly the Adderall ER they just launched and he stated that they hope to eventually penetrate 8-12% of the market, this is a rough estimate and no way set in stone but bodes well for the future of our sales numbers. Little to say Elite is firing on all cylinders the pipeline is growing leaps and bounds. I have been with my company for 23 years and have successfully developed and launched 18 ANDAs under our previous name growing market share from 18M-180M. It takes time and the trajectory can quickly start to pickup especially at the phase Elite is currently at in their growth cycle. Another funny story is the contact manufacturing facility we are currently using, the sales rep is good friends with Nasrat and even went to his house two Christmas' ago. Like I said small world in the pharmaceutical world. If you guys/gals have any questions I will try my best to answer them as my team is currently getting ready to launch our product but I respect some of you on this board and want to help in anyway I can. Cheers to a great ride so far and an even better one to come. Winechemist