regulatory
confidence high
sentiment positive
materiality 0.65
Elite Pharmaceuticals files ANDA for generic opiate analgesic with $720M market
ELITE PHARMACEUTICALS INC /NV/
- Filed ANDA with FDA on August 17, 2023 for a generic opiate analgesic product.
- FDA accepted the ANDA for review on September 19, 2023.
- IQVIA reported $720 million in annual brand and generic sales for this product (12 months ending June 2023).
- The specific drug product remains undisclosed.