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ELTP - Elite Pharmaceuticals enters exclusive distribution agreement with Prasco
Elite Pharmaceuticals Inc.
Elite Pharmaceuticals ([[ELTP]] -3.5%) enters a license, supply, and distribution agreement with Prasco for Elite's Abbreviated New Drug Application for Loxapine Succinate capsules.Prasco will be the exclusive U.S. distributor for Loxapine capsules, which will be marketed under Burel Pharmaceutical's label.Prasco will provide sales, marketing, and distribution for the product, and Elite will manufacture the product.Press Release