Elite Pharmaceuticals ships first product from new facility, packaging line

Elite, a specialty pharmaceutical company developing niche generic products, has shipped its first lot of finished product from its new FDA-approved expanded campus.

The new facility, in Northvale, N.J., includes packaging, inventory and warehouse space. 

[Read more: Elite rolls out generic Vyvanse]

Elite said the new packaging line utilizes the latest technology, capable of producing approximately 120 bottles per minute. 

This expansion allows for the conversion of existing packaging space into additional manufacturing suites, significantly increases the company's current production capacity and positions the company to meet its projected packaging demand for at least the next five years, the company noted.

[Read more: Elite rolls out generic Tylenol with Codeine]