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confidence high
sentiment positive
materiality 0.55
Elite Pharmaceuticals launches generic methadone tablets; addresses $22M market
ELITE PHARMACEUTICALS INC /NV/
- Launched generic methadone HCl 5 mg and 10 mg tablets under Elite Laboratories label.
- Product indicated for severe persistent pain and opioid addiction detoxification/maintenance treatment.
- Annual retail sales for brand and generic methadone tablets approx. $22M (IQVIA 2025 data).
- Company operates a cGMP and DEA-registered R&D and manufacturing facility in Northvale, NJ.