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Elite Pharmaceuticals, Inc. ELTP OTC

Other OTC • Healthcare • Drug Manufacturers - Specialty & Generic • US • USD

SharesGrow Score
65/100
2/5 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Elite Pharmaceuticals, Inc. (ELTP) is a publicly traded company in the Healthcare sector, operating within the Drug Manufacturers - Specialty & Generic industry. The company is headquartered in Northvale, NJ, United States. The current CEO is Nasrat Hakim.

ELTP has IPO date of 2000-02-24, 64 full-time employees, listed on the Other OTC, a market capitalization of $409.26M.

About Elite Pharmaceuticals, Inc.

Elite Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and manufacture of oral, controlled-release products and generic pharmaceuticals. 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 37.5mg tablets for the treatment of bariatrics under Adipex-P brand; Phendimetrazine Tartrate 35mg tablets for bariatrics under the Bontril brand; Naltrexone HCl 50mg tablets for the treatment of pains under the Revia brand; and Isradipine 2.5mg and 5mg capsules for cardiovascular diseases. The company also provides Oxycodone HCl immediate release 5mg, 10mg, 15mg, 20mg, and 30mg tablets for pains under Roxycodone brand; Trimipramine Maleate Immediate Release antidepressant capsules under the Surmontil brand; Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, and Amphetamine Sulfate Immediate Release tablets for central nervous system diseases under the Adderall brand, as well as Dantrolene Sodium capsules for muscle relaxant under the Dantrium brand; SequestOX, an immediate release Oxycodone with Naltrexone; Loxapine Succinate capsules for treating antipsychotic under the brand Loxapine; Acetaminophen and Codeine Phosphate for the management of mild to moderate pain; and antibiotic products. In addition, it manufactures controlled-release products on a contract basis for third parties in the areas of pain, allergy, bariatric, and infection. Further, the company is developing a range of abuse deterrent opioid products. The company was incorporated in 1997 and is headquartered in Northvale, New Jersey.

📍 165 Ludlow Avenue, Northvale, NJ 07647 📞 201 750 2646
Company Details
SectorHealthcare
IndustryDrug Manufacturers - Specialty & Generic
CountryUnited States
ExchangeOther OTC
CurrencyUSD
IPO Date2000-02-24
CEONasrat Hakim
Employees64
Trading Info
Current Price$0.38
Market Cap$409.26M
52-Week Range0.27-0.82
Beta0.44
ETFNo
ADRNo
CUSIP28659T200
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