Elite Pharmaceuticals, based in Northvale, New Jersey, develops and manufactures abuse-deterrent opioid products and employs 64 staff. Founded in 2014, it specializes in oral, controlled-release drug products and holds multiple generic licenses.
ELTP has been in the news recently: TestEquity is now an authorized distributor of Elite RF amplifiers, providing wideband RF amplifiers that reach frequencies up to 40GHz with power levels exceeding 100kW. Additionally, Round One Corporation, which has a 35.2% insider ownership, expects annual earnings growth of 10.4%, while BayCurrent Consulting anticipates a higher growth rate of 18.8%.
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