Replies to post #340112 on Elite Pharmaceuticals Inc (ELTP)

[ocbadger]

Spot on! Revenue far greater with Adderall with less cost than Sequest Ox and its higher risk with legal/political environment. Plus they needed the focus. Opioids would have spread their time/resources/energy/strategy/time too much.

[WeeZuhl]

But there would still have been more $ costs on SequestOx in order to bring that about

This is like going to Yale for your degree in Education. The economics were probably never going to work out favorably, but that doesn't mean you should drop out 3 weeks before graduation just because Uber drivers make a ton of money.

the higher cost in fees from being a larger company (unless three drugs were sold off)

The number of ANDA's allowed in our current category is 19. The number of currently-active ANDA's listed for Elite in the FDA Orange Book is 13. I will allow my gentle readers to determine for themselves the veracity of the claim that our opioids had to be sold off in order to avoid higher fees.