Northvale, NJ -- June 13th, 2016 -- InvestorsHub NewsWire -- Elite Pharmaceuticals, Inc. (OTCMKTS: ELTP) a specialty pharmaceutical company that is principally engaged in the development and manufacture of oral, controlled-release products, recently announced that it will present data for SequestOx™ (ELI-200) at the American Pain Society 35th Annual Scientific Meeting being held in Austin, Texas, USA, May 11 – 14, 2016.  The abstract, is entitled Pharmacodynamic data assessing the abuse potential of a novel abuse deterrent oxycodone formulation (ELI-200) compared to oxycodone immediate release, oral intact ELI-200, and placebo in healthy, non-dependent recreational opioid users following intranasal administration. SequestOx is Elite’s lead opioid abuse-deterrent candidate and is an immediate-release Oxycodone Hydrochloride containing sequestered Naltrexone which incorporates 5 mg, 10 mg, 15 mg, 20 mg and 30 mg doses of oxycodone into capsules.  The New Drug Application for SequestOX has been accepted and granted priority review by the United States Food and Drug Administration (“FDA”). The FDA has set a target action date under the Prescription Drug User Fee Act (“PDUFA”) of July 14, 2016.


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