ELTP - Elite Pharmaceuticals, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0900
-0.0030 (-3.23%)
As of 2:27PM EDT. Market open.
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Previous Close0.0930
Open0.0935
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0900 - 0.0955
52 Week Range0.0700 - 0.1300
Volume513,372
Avg. Volume506,254
Market Cap74.034M
Beta (3Y Monthly)1.43
PE Ratio (TTM)N/A
EPS (TTM)-0.0130
Earnings DateJun 10, 2019 - Jun 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.00
Trade prices are not sourced from all markets
  • GlobeNewswire15 days ago

    Elite Pharmaceuticals Enters into Strategic Marketing Alliance with Lannett For Generic Adderall®

    The first product that Lannett will launch is a generic version of Adderall®, an immediate-release mixed salt of a single entity Amphetamine product (Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, Amphetamine Sulfate) with strengths of 5 mg, 7.5 mg, 10 mg, 12.5 mg, 15 mg, 20 mg, and 30 mg tablets.   The second product is an extended-release CNS stimulant which is under review by the FDA.  Under the Agreement, Lannett will provide sales, marketing, and distribution for the products and Elite will manufacture the product. Lannett, Elite and SunGen will each receive a share of the profits.

  • GlobeNewswirelast month

    Elite Pharmaceuticals, Inc. Reports Financial Results for the Third Quarter of Fiscal Year 2019 Ended December 31, 2018 and Provides Conference Call Information

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP), a specialty pharmaceutical company developing abuse-deterrent opioids and niche generic products, announced results for the third quarter of fiscal year 2019 ended December 31, 2018 (“Third Quarter”). Consolidated revenues for the Third Quarter were $2.7 million, an increase of approximately 6% as compared to revenues for the comparable quarter of the prior fiscal year. Elite continues to invest in product development as $2.5 million was devoted to research and development expenses.  During the Third Quarter, in addition to the launch of Methadone, Elite received FDA approval for generic Adderall®, and generic Norco®, and filed an ANDA for an antibiotic which was co-developed with SunGen.

  • GlobeNewswire2 months ago

    Elite Pharmaceuticals, Inc. to Host Conference Call to Provide Corporate Update and Discuss Third Quarter 2019 Financial Results on February 12, 2019

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP), a specialty pharmaceutical company developing a pipeline of abuse-deterrent opioids and niche generic products, announced today that the third quarter financial results of the 2019 fiscal year will be released on Monday, February 11, 2019. Elite’s pipeline products include abuse-deterrent opioids which utilize the Company’s patented proprietary technology and a once-daily opioid.  These products include sustained release oral formulations of opioids for the treatment of chronic pain.

  • GlobeNewswire3 months ago

    Elite Pharmaceuticals and SunGen Pharma File ANDA for an Antibiotic

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP) a specialty pharmaceutical company developing abuse-deterrent opioids and niche generic products, today announced that it filed an Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) for a generic version of an antibiotic product. This is the third ANDA that Elite co-developed and filed with SunGen Pharma, LLC (“SunGen”).  According to QVIA (formerly QuintilesIMS Health) data the branded product for this antibiotic and its equivalents had total annual U.S. sales of approximately $94 million for the twelve months ending September 30, 2018.

  • GlobeNewswire3 months ago

    Elite Pharmaceuticals and SunGen Pharma Receive FDA Approval for Generic Adderall®

    This is the first product approval for our Elite and SunGen Pharma LLC (“SunGen”) collaboration.  The product is jointly owned.  Elite will manufacture and package the product on a cost-plus basis and the parties are negotiating an agreement for sales of the product.

  • GlobeNewswire4 months ago

    Elite Pharmaceuticals Receives FDA Approval for Hydrocodone and Acetaminophen Combo

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP), a specialty pharmaceutical company developing abuse-deterrent opioids and niche generic products, today announced that it received approval from the U.S. Food and Drug Administration (FDA) for the Company’s abbreviated new drug application (ANDA) for a generic version of Norco (hydrocodone bitartrate and acetaminophen tablets, USP CII) 2.5mg/325mg, 5mg/325mg, 7.5mg/325mg and 10mg/325mg tablets. The combination products of hydrocodone and acetaminophen have total annual US sales of approximately $447 million according to IQVIA (formerly QuintilesIMS Health) data. “This is our fourth product approval in 2018 with four additional ANDAs and an NDA for SequestOx™ currently filed with the FDA,” stated Nasrat Hakim, President and CEO of Elite.

  • GlobeNewswire5 months ago

    Elite Pharmaceuticals, Inc. Reports Financial Results for the Second Quarter of Fiscal Year 2019 Ended September 30, 2018 and Provides Conference Call Information

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP), a specialty pharmaceutical company developing abuse-deterrent opioids and niche generic products, announced results for the second quarter of fiscal year 2019 ended September 30, 2018 (“Second Quarter”). Consolidated revenues for the Second Quarter were $1.4 million, a decrease of approximately 16% as compared to revenues for the comparable quarter of the prior fiscal year.  The decrease in revenues was largely attributed to lower revenues received from the manufacture of generic methadone, hydromorphone and phentermine. Elite continues to invest in product development as $2.5 million was devoted to research and development expenses.  During the current fiscal year, Elite received FDA approval for generic Oxycodone/Acetaminophen and generic Methadone, achieved commercial launch of its methadone products  and conducted several successful bio-equivalence studies.

  • GlobeNewswire5 months ago

    Elite Pharmaceuticals, Inc. to Host Conference Call to Provide Corporate Update and Discuss Second Quarter 2019 Financial Results on November 12, 2018

    Elite Pharmaceuticals, Inc. ("Elite" or the “Company") (ELTP), a specialty pharmaceutical company developing a pipeline of abuse-deterrent opioids and niche generic products, announced today that the second quarter financial results of the 2019 fiscal year will be released on Friday, November 9, 2018. Elite’s pipeline products include abuse-deterrent opioids which utilize the Company’s patented proprietary technology and a once-daily opioid.  These products include sustained release oral formulations of opioids for the treatment of chronic pain.

  • ACCESSWIRE7 months ago

    Elite Pharmaceuticals, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Elite Pharmaceuticals, Inc. (OTCQB: ELTP ) will be discussing their earnings results in their Q1 Earnings Call to be held on August 10, 2018 at 11:00 AM Eastern ...