Replies to post #249393 on Elite Pharmaceuticals Inc (ELTP)

[John_Langston]

What is the count up to now that they have filed that hasn't been approved!!!

[jour_trader]

Great to see another ANDA, but not exactly the most impressive. Total revs of $40M split between how many equivalents? Not the greatest maneuver, but the pipeline continues to grow.

Is this first potential SunGen product?

[WeeZuhl]

Methadone.

a generic version of a synthetic narcotic analgesic indicated for the management of pain. The branded product and its equivalents had annual sales of over $40 million in 2016

The only drug that is 1)Synthetic and 2)~$40 million/year is methadone. Elite already contract manufactures methadone for Ascend Labs, so quick & easy to get their own ANDA.