ELTP - Elite Pharmaceuticals, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD

Elite Pharmaceuticals, Inc.

165 Ludlow Avenue
Northvale, NJ 07647
United States
201-750-2646
http://www.elitepharma.com

SectorHealthcare
IndustryDrug Manufacturers - Other
Full Time Employees46

Key Executives

NameTitlePayExercisedAge
Mr. Nasrat HakimChairman, Pres & Chief Exec. Officer1.02MN/A57
Mr. Carter J. Ward CPA, CSCPChief Financial Officer, Chief Accounting Officer, Treasurer & Sec.192.82kN/A54
Mr. Douglas PlasscheExec. VP of Operations335.62kN/A54
Dr. George Kenneth Smith J.D., M.B.A., Ph.D.VP of Legal412kN/AN/A
Dr. Sophy AbrahamHead of Regulatory AffairsN/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Elite Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the research, development, manufacture, and licensing of proprietary orally administered controlled-release drug delivery systems and products. The company operates in two segments, Abbreviated New Drug Applications for Generic Products and New Drug Applications for Branded Products. It owns, licenses, and contract manufactures various generic and oral dose pharmaceuticals products, such as Phentermine HCl 15mg and 30mg capsules, and 37.5mg tablets for the treatment of bariatrics under Adipex-P brand name; Lodrane D immediate release capsules for OTC allergy treatment; Methadone HCl 10mg tablets for pains under the Dolophine brand name; and Hydromorphone HCl 8mg tablets for pains under the Dilaudid brand name. The company also provides Phendimetrazine Tartrate 35mg tablets for bariatrics under the Bontril name; Naltrexone HCl 50mg tablets for the treatment of pains under the Revia name; Isradipine 2.5mg and 5mg capsules for cardiovascular diseases; Hydroxyzine HCl 10mg, 25mg, and 50mg tablets for antihistamine treatment under Atarax and Vistaril brand names; Oxycodone HCl immediate release 5mg, 10mg, 15mg, 20mg, and 30mg tablets for pains under Roxycodone brand name; and Trimipramine Maleate Immediate Release 25mg, 50mg, and 100mg antidepressant capsules under the Surmontil brand, as well as SequestOX, an immediate release Oxycodone with Naltrexone. In addition, it manufactures controlled-release products on a contract basis for third parties in the areas of pain, allergy, bariatric, and infection. Further, it is developing a range of abuse deterrent opioid products. The company has a manufacturing and license agreement with Epic Pharma LLC; manufacturing and supply agreement with ThePharmaNetwork LLC; and development and license agreement with SunGen Pharma, LLC. Elite Pharmaceuticals, Inc. was founded in 1984 and is headquartered in Northvale, New Jersey.

Corporate Governance

Elite Pharmaceuticals, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.