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ELTP - Elite Pharmaceuticals seeks FDA approval for generic antimetabolite drug
Elite Pharmaceuticals Inc.
2023-04-20 06:47:53 ET
Elite Pharmaceuticals ( OTCQB:ELTP ) filed an application to the U.S. Food and Drug Administration (FDA) seeking approval for an undisclosed generic drug in a class of medicines called antimetabolites.
The company said that IQVIA reported annual sales for the year ending December 2022 of $42M for the generic market of the product.