Elite Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and manufacture of oral, controlled release products. The company markets Lodrane 24 through ECR Pharmaceuticals and has six drug products under development in the therapeutic areas that cover therapeutic areas for pain, angina, hypertension, cardiovascular, allergy, and infection. Elite Pharmaceuticals has an agreement with Orit Laboratories, LLC to co-develop and commercialize an extended release drug product for treatment of anxiety. The company was formed in 1984 and is based in Northvale, New Jersey.
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