News Focus
News Focus
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kennyt 335

06/21/25 2:50 PM

#429189 RE: jour_trader #429183

You always put a pole in your eye! Good grief, ELTP$$$$$$$7.11
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NASDAQ2020

06/21/25 7:05 PM

#429197 RE: jour_trader #429183

Elite Pharmaceuticals Reports Positive Results From A Pivotal Bioequivalence Study

Northvale, New Jersey--(Newsfile Corp. - June 16, 2025) - Elite Pharmaceuticals, Inc. (OTCQB: ELTP) ("Elite" or the "Company"), a specialty pharmaceutical company engaged in the development, manufacture, and distribution of niche generic products, today reported positive results from a pivotal bioequivalence study for an undisclosed anticoagulant generic drug product.

IQVIA reported branded product sales for the twelve months ending April 2025 of $27 billion. There is no generic product on the market, and the brand has an unexpired patent listed in the Orange Book. Commercialization of a generic product depends on successful filing, FDA approval and addressing the unexpired patent.
Bullish
Bullish