Elite Pharmaceuticals Inc. (ELTP)

Overview

Elite Pharmaceuticals, Inc. is a distinguished specialty pharmaceutical company focused on the development, manufacturing, and marketing of oral, controlled-release, and generic pharmaceuticals. The company is actively involved in two major pharmaceutical segments: Abbreviated New Drug Applications (ANDAs) for Generic Pharmaceuticals and New Drug Applications (NDAs) for Branded Pharmaceuticals. Since its inception in 1997, Elite Pharmaceuticals has been committed to providing advanced therapeutic solutions and has established itself as a player in the pharmaceutical industry with a robust product portfolio and a pipeline of developed drugs. Headquartered in Northvale, New Jersey, Elite Pharmaceuticals strives to address the needs of patients across various therapeutic areas with its innovative drug delivery technologies and manufacturing capabilities.

Products and Services

Elite Pharmaceuticals offers a comprehensive range of generic and branded pharmaceutical products targeting a variety of therapeutic areas. The company leverages its expertise in oral dose pharmaceuticals to serve the bariatric, pain management, cardiovascular, central nervous system, muscle relaxant, antipsychotic, and antibiotic sectors, among others. Below is an outline of their key products and services:

• Phentermine HCl 37.5mg tablets, and 15mg and 30mg capsules - Marketed under the Adipex-P brand, these products are designed for bariatric use, aiding in weight loss.
• Phendimetrazine Tartrate 35mg tablets - Available under the Bontril brand, this medication is also intended for bariatric use, specifically for weight loss.
• Naltrexone HCl 50mg tablets - Branded as Revia, these tablets are prescribed for pain management.
• Isradipine 2.5mg and 5mg capsules - Aimed at treating cardiovascular diseases, these capsules help manage blood pressure.
• Trimipramine Maleate Immediate Release capsules - Sold under the Surmontil brand, these capsules are used as antidepressants.
• Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, and Amphetamine Sulfate Immediate Release tablets - Known under the Adderall brand, and its extended-release variant under the Adderall XR brand, these products target central nervous system diseases, specifically for managing ADHD symptoms.
• Dantrolene Sodium capsules - Marketed as Dantrium, these capsules function as muscle relaxants.
• SequestOX - An innovative formulation combining immediate-release Oxycodone with Naltrexone for pain management.
• Loxapine Succinate capsules - Offered under the Loxapine brand, these capsules are utilized for their antipsychotic properties.
• Acetaminophen and Codeine Phosphate - A combination used for the management of mild to moderate pain.
• Antibiotic Products - Elite Pharmaceuticals also develops antibiotic products aiming to combat various infections.

In addition to its comprehensive portfolio, Elite Pharmaceuticals actively engages in the contract manufacturing of controlled-release products for third-party clients, covering pain, allergy, bariatric, attention deficit, and infection therapies. Furthermore, the company is at the forefront of developing abuse-deterrent opioid products, reflecting its commitment to addressing the ongoing opioid crisis while meeting medical needs.