Replies to post #48794 on Elite Pharmaceuticals Inc (ELTP)

[lasers]

We are expecting $1,000,000 per year from the combined Phentermine 15 & 30 mg capsules which should bring Elite's total projected annual revenue to $7 mil/yr. Annual revenue of $4 mil/yr is expected to be CF revenue BEV.

https://spreadsheets.google.com/spreadsheet/lv?key=0AgI9WYgqHk9mdEZWLTlVdmJSQzJsZmw0YkdGTFlYN0E&;

[NASDAQ2020]

Analyst Thomas Wei said he now believes a significant number of physicians will prescribe the two drugs that comprise Qsymia(one being Phentermine) instead of giving their patients Qsymia itself, and that will cut into the drug's sales. Wei said he now thinks sales of Qsymia will peak at $1.2 billion a year, far below his previous estimate of $3.6 billion per year
gl