Elite Pharmaceuticals Inc (ELTP): API = "Active Pharmaceutical Ingredient"...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Hike post# 11314

Tuesday, 01/17/2012 4:56:45 PM

Tuesday, January 17, 2012 4:56:45 PM

API = "Active Pharmaceutical Ingredient"

So there is a per bottle price for the manufacturing and packaging.
TPN provides the API (methadone) it seems here.

This is a small deal. Will pay some bills.

$44,000,000 market. About 6 competitors so $7,000,000 per competitor. If TPN does $4,000,000 in sales maybe 10-20% ($400,000 to $800,000) of that is probably packaging and manufacturing. Just my wild ass guess.

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