Elite Pharmaceuticals, Inc. to Host 2014 Fiscal Year End Conference Call on Tuesday, July 1, 2014
June 26 2014 - 10:35AM
Elite Pharmaceuticals, Inc. ("Elite" or the "Company")
(OTCBB:ELTP), a specialty pharmaceutical company dedicated to
developing and commercializing oral abuse-resistant controlled
release product formulations and the manufacturing of generic
pharmaceuticals, announced today that management will host a
conference call to provide the year end business update at 12:00 PM
ET on Tuesday, July 1, 2014. Company executives will conduct a
question and answer session following their remarks.
To access the conference call:
Domestic callers: (800)
346-7359 |
International callers: (973)
528-0008 |
Conference Entry Code:
98840 |
A digital telephone replay will be available approximately one
hour after the conclusion of the call for two weeks until July 15,
2014 by dialing:
Domestic callers: (800)
332-6854 |
International callers: (973)
528-0005 |
Conference entry code:
98840 |
About Elite Pharmaceuticals, Inc.
Elite Pharmaceuticals, Inc. develops oral sustained and
controlled release products. Elite's strategy includes assisting
partner companies in the life cycle management of products to
improve off-patent drug products and developing generic versions of
controlled release drug products with high barriers to entry. Elite
has seven commercial products currently being sold, twelve
additional approved products pending manufacturing site transfer
and two additional products under review pending approval by the
FDA. Elite's lead pipeline products include abuse resistant
opioids utilizing the Company's patented proprietary technology,
and a once-daily opioid. They are sustained release oral
formulations of opioids for the treatment of chronic pain, which
address two of the limitations of existing oral opioids: the
provision of consistent relief of baseline pain levels and
deterrence of potential abuse. Elite also provides contract
manufacturing for Ascend Laboratories (a subsidiary of Alkem
Laboratories Ltd.) and has partnered with Epic Pharma for the
manufacturing and distribution of eleven approved products pending
manufacturing site, with Hi-Tech Pharmacal to develop an
intermediate for a generic product, and a Hong Kong based company
to develop a branded product for the United States market and its
territories. Elite operates a GMP and DEA registered facility
for research, development, and manufacturing located in Northvale,
NJ.
This news release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Including those related to the effects, if any, on future
results, performance or other expectations that may have some
correlation to the subject matter of this press release, readers
are cautioned that such forward-looking statements involve risks
and uncertainties including, without limitation, its ability to
obtain FDA approval of the transfers of the ANDAs or the timing of
such approval process, delays, uncertainties, inability to obtain
necessary ingredients and other factors not under the control of
Elite, which may cause actual results, performance or achievements
of Elite to be materially different from the results, performance
or other expectations that may be implied by these forward-looking
statements. These risks and other factors, including, without
limitation, the Company's ability to obtain sufficient funding
under the LPC Agreement or from other sources, the timing or
results of pending and future clinical trials, regulatory reviews
and approvals by the Food and Drug Administration and other
regulatory authorities, intellectual property protections and
defenses, and the Company's ability to operate as a going concern,
are discussed in Elite's filings with the Securities and Exchange
Commission, including its reports on forms 10-K, 10-Q and 8-K.
Elite undertakes no obligation to update any forward-looking
statements.
CONTACT: For Elite Pharmaceuticals, Inc.
Dianne Will, Investor Relations, 518-398-6222
Dianne@elitepharma.com
www.elitepharma.com
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