Elite develops products that have high barriers to entry with regard to factors such as:

        ►    Products with formulation complexities

        ►    Products with regulatory challenges

        ►    Products requiring specialized release profiles

        ►    Products with raw material problems

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.

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.