| Title | ELTP | ||
| Country | United States |
State-of-the Art Facility Elite can develop and manufacture oral solid dosage forms such as tablets and capsules. Elite's facility in Northvale, NJ includes administrative offices, R&D labs, analytical labs and manufacturing suites. The GMP manufacturing facility is DEA registered for research, development, and manufacturing. Elite is capable of taking a project from concept to commercialization. Website: Jersey Transfer & Trust Company Phone: 973-239-2712 Link to SEC filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001053369&owner=include 

Tuesday, May 24, 2011
The Company now has 243,363,531 shares of common stock outstanding
Transfer Agent
201 Bloomfield Avenue
Verona, New Jersey 07044
Fax: 973-833-0431
E Mail: jerseytransfertr@msn.com
Recent Press Releases: {C}{C}
link to press releases on ELTP website!
http://www.elitepharma.com/investor_relations.asp
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Elite Pharmaceuticals Press Release for: Tuesday, May 24, 2011 |
| ELITE PHARMACEUTICALS ANNOUNCES EXCHANGE OF SERIES D CONVERTIBLE PREFERRED SECURITIES FOR COMMON, ELIMINATES FUTURE DIVIDENDS |
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Northvale, New Jersey, Tuesday, May 24, 2011: NORTHVALE, N.J. - May 24, 2011 - Elite Pharmaceuticals, Inc. ("Elite") (OTCBB:ELTP) today announced that all of the outstanding shares of its Series D 8% Convertible Preferred Stock (the "Series D") has been converted into the Company's common stock, pursuant to the election of the holders of the Series D. This eliminates the Company's obligation to pay $720,000 in annual dividends and eliminates the associated administrative costs. The Company now has 243,363,531 shares of common stock outstanding. |
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Contact: |
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Elite Pharmaceuticals Press Release for: Wednesday, April 06, 2011 |
| ELITE PHARMACEUTICALS, INC. ANNOUNCES THIRD CLOSING OF STRATEGIC ALLIANCE AGREEMENT WITH EPIC PHARMA |
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Northvale, New Jersey, Wednesday, April 06, 2011: |
? Products with formulation complexities ? Products with regulatory challenges ? Products requiring specialized release profiles ? Products with raw material problems Elite is a full service research and development company and can pursue an ANDA/NDA project from its inception through development and approval to launch stage.
Elite develops products that have high barriers to entry with regard to factors such as:
Elite typically develops these products through proof of concept and then partners or licenses them out to fund the further development and for marketing. Under licensing terms, Elite typically receives milestone payments during development and royalty payments upon commercialization.



|
Programs Under Development |
Branded Products (a) |
Therapeutic Category |
NDA / ANDA |
Development Stage (b) |
Partnered |
| ELI-154 Oxycodone CR Once a day |
NA |
Pain |
NDA |
Phase III pending |
No |
| ELI-216 Abuse Resistance Product for use with oxycodone or other opioids |
N/A |
Pain |
NDA |
Phase III pending |
No |
| Undisclosed Twice a day |
Undisclosed |
Anti-infective |
ANDA |
Pilot BE study complete |
No |
| Undisclosed Once a day |
Undisclosed |
Gastrointestinal |
ANDA |
Pilot BE study complete |
Yes |
|
Commercial Products |
|||||
|
Commercial |
Branded Products (a) |
Therapeutic Category |
Commercial |
Partner |
|
| Lodrane® Once a Day |
N/A |
Allergy |
Launched |
ECR Pharmaceuticals |
|
| Lodrane 24D ® Once a day |
N/A |
Allergy |
Launched |
ECR Pharmaceuticals |
|
| Methadone Hydrochloride 10 mg tablets |
Dolophine® hydrochloride, 10 mg tablets |
Pain | FDA Approved, Launch pending |
ThePharmaNetwork |
|
| Hydromorphone Hydrochloride 8 mg tablets |
Dilaudid® 8 mg |
Pain | FDA Approved, Launch pending | Precision Dose, Inc. | |
| Naltrexone Hydrochloride 50 mg |
ReVia® and Depade® | Opioid Receptor Antagonist | FDA Approved, Launch pending | Precision Dose, Inc. | |
Jerry Treppel - Chairman of Board of Directors Barry Dash, Ph.D. - Director Chris Dick - Chief Operating Officer and Director Robert Levenson - Director Investor Relations
Jerry Treppel has served as the managing member of Wheaten Capital Management LLC, a capital management company focusing on investments in the health care sector, since 2003. In October 2008, Mr. Treppel was also appointed managing director of Ledgemont Capital Group LLC, a boutique merchant bank that provides access to capital and corporate advisory services to public and private companies. Over the past 20 years, Mr. Treppel was an equity research analyst focusing on the specialty pharmaceuticals and generic drug sectors at several investment banking firms including Banc of America Securities, Warburg Dillon Read LLC (now UBS), and Kidder Peabody and Co. He previously served as a healthcare services analyst at various firms, including Merrill Lynch & Co. Mr. Treppel holds a BA in Biology from Rutgers College, an MHA in Health Administration from Washington University, and an MBA in Finance from New York University. Mr. Treppel has been a Chartered Financial Analyst *CFA) since 1988. - Chairman of Board of Directors
Dr. Barry Dash has been President and Managing Member of Dash Associates, L.L.C., since 1995, an independent consultant to the pharmaceutical and health and beauty aid industries. From 1983 to 1996 he was employed by American Home Products Corporation, its Whitehall-Robins Healthcare Division initially as Vice President of Scientific Affairs, then Senior Vice President of Scientific Affairs and then Senior Vice President of Advanced Technologies during which time he personally supervised six separate departments: Medical and Clinical Affairs, Regulatory Affairs, Technical Affairs, Research and Development, Analytical R&D and Quality Management/Q.C. He had previously been employed by the Whitehall Robins Healthcare Division from 1960 to 1976, during which time he served as Director of Product Development Research, Assistant Vice President of Product Development and Vice President of Scientific Affairs. Dr. Dash had been employed by J.B. Williams Company (Nabisco Brands, Inc.) from 1978 to1982, during which time he helped introduce more than 14 national and test market brands. From 1976 to1978 he was Vice President, Director of Laboratories of the Consumer Products Division of American Can Company. He is a director of GeoPharma, Inc. Dr. Dash holds a Ph.D. from the University of Florida and M.S. and B.S. degrees from Columbia University at which he was Assistant Professor at the College of Pharmaceutical Sciences from 1956 to 1960. He is a member of the American Pharmaceutical Association, The American Association for the Advancement of Science and the Society of Cosmetic Chemist.
Chris Dick joined Elite in November of 2002 as Vice President of Corporate Development. He directs licensing and business development activities for Elite. He joined Elite from Elan Drug Delivery, Inc. where he served as Director of Business Development. While in this position he was responsible for licensing and business development of Elan's portfolio of drug delivery technologies. Prior to Elan, Mr. Dick was Manager of Business Development and Marketing for EnTec, a drug delivery business unit within FMC Corporation's Pharmaceutical Division. Mr. Dick held various other business and technical positions at FMC including Manager of Marketing for the FMC's pharmaceutical functional coatings product line. Mr. Dick received an M.B.A. from Stern School of Business, New York University and a B.S. and M.S. in Chemical Engineering from Cornell University
Robert Levenson is currently Managing Member of the Lenox Capital Group, L.L.C. since 2000. Mr. Levenson was previously an Executive Vice President of First Data Corporation from 1993 to 2000 and a member of its Board of Directors from 1992 to 2003. He was Senior Executive Vice President, Chief Operating Officer, and Member of the Office of the President and Director of Medco Containment Services, Inc., a provider of managed care prescription benefits, from October 1990 to December 1992. From 1985 until October 1990, he was a Group President and Director of Automatic Data Processing, Inc. (ADP-NYSE). Mr. Levenson was a Director of Emisphere Technologies, Inc., a biopharmaceutical company, from 1998 to 2005, as well as having been a Director of several other companies, public and private. Mr. Levenson is currently nominated to be a director of Ceridian Corporation (NYSE: CEN). Mr. Levenson is a trustee of the Washington Institute, the Jewish Community Federation, and the Jewish Community Foundation of Metrowest New Jersey.
Melvin Van Woert, M.D. - Director
Dr. Melvin Van Woert, a neurologist, has been, since 1974, a member of the staff of Mount Sinai Medical Center where he has been a Professor of the Department of Neurology and Pharmacology at Mount Sinai School of Medicine since 1978. Dr. Van Woert had been a consultant for Neuropharmacological Drug Products to the Food and Drug Administration from 1974 to 1980; Associate Editor for Journal of the Neurological Sciences; Member of the Editorial Board of Journal of Clinical Neurphamacology; and Medical Director of National Organization for Rare Disorders for which he received in 1993 the Humanitarian Award. His other awards include the U.S. Public Health Service Award for Exceptional Achievement in Orphan Products Development and the National Myoclonus Foundation Award. He has authored and co-authored more than 150 articles appearing in pharmacological, medical and other professional journals or publications.
Mark Gittelman - Chief Financial Officer, Secretary & Treasurer
Mark I. Gittelman, CPA, our Chief Financial Officer, Secretary and Treasurer, is the President of Gittelman & Co., P.C., an accounting firm. Prior to forming Gittelman & Co., P.C. in 1984, he worked as a certified public accountant with the international accounting firm of KPMG Peat Marwick, LLP. Mr. Gittelman holds a B.S. in accounting from New York University and a Masters of Science in Taxation from Farleigh Dickinson University. He is a Certified Public Accountant licensed in New Jersey and New York, and is a member of the American Institute of Certified Public Accountants ("AICPA") and the New Jersey State and New York States Societies of CPAs.
Dianne Will
Willstar Consultants, Inc.
3978 Route 199
Pine Plains, NY 12567
(518) 398-6222
Fax: (518) 398-6369
dianne@elitepharma.com
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