Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Elite Pharmaceuticals Inc (ELTP) Message Board

Abuse Resistant Opioid Laws and their upcoming imp

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 2146
Posted On: 12/20/2012 8:40:04 AM
Posted By: Couch
Re: Couch #454

Abuse Resistant Opioid Laws and their upcoming impact on ELTP 
If you look at the laws related to abuse resistant opioids and their cumulative effect from 1970-2012 (Present day) you realize passing the next wave of bills such as the STOPP ACT is just the next wave of laws coming. 
http://bono.house.gov/news/documentprint.aspx...tID=303838
https://www.popvox.com/bills/us/112/hr6160

http://www.cdc.gov/homeandrecreationalsafety/...index.html
Timeline of Law Enactment 
Over the past two decades, the number of states having one or more laws aimed at reducing prescription drug misuse, abuse, and overdose has increased. Lawmaking in this area has steadily accelerated along with growing awareness of prescription drug abuse. 
1970s: A few states enacted laws requiring physical examinations of patients before prescribing and imposing prescription limits. 

1980s: More states enacted physical examination and prescription limit laws, while a few states began to require identification when picking up prescriptions for controlled substances, and others enacted laws to prohibit doctor shopping. 

1990s: Laws were passed in multiple categories, especially physical exam laws, which were enacted by an additional eight states. 

2000s: Half of US states adopted tamper-resistant prescription form laws, which was prompted by the passage of federal tamper-resistant form legislation in 2007. During this same decade, a small number of states introduced pain clinic laws and laws that provided immunity or mitigation at sentencing for individuals obtaining medical assistance during an overdose. 

AND with Government and Federal pressure placing an emphasis on curtailing the prescription abuse epidemic...it is only a matter of time before a few select Pharma companies will benefit from this pressure and mandates happening daily. 
1) The White House has an agenda to curb the epidemic that is prescription drug abuse.... 
http://www.whitehouse.gov/sites/default/files...e_plan.pdf
Prescription drug abuse is the Nation’s fastest-growing drug problem. While there has been a marked decrease in the use of some illegal drugs like cocaine, data from the National Survey on Drug Use and Health (NSDUH) show that nearly one-third of people aged 12 and over who used drugs for the first time in 2009 began by using a prescription drug non-medically. 

2) The House of Representatives recently passed a bill that gives additional funding to the FDA to offset drug shortages.... 
http://www.reuters.com/article/2012/05/30/us-...LQ20120530
The main purpose of the bill is to reauthorize fees from makers of drugs and devices that help speed FDA evaluation of new medical products. These so-called "user fees" could make up nearly half of the FDA's proposed $4.5 billion budget next year, according to a plan from President Barack Obama. 
~~As we know Naltrexone is one of those drugs on various drug shortage lists! 
http://www.ashp.org/DrugShortages/Current/bul...spx?id=873

3) The Supreme Court upheld the constitutionality of Obama's Health Care Plan....meaning that everyone will be required to have health care. This, though controversial, will unsure that less money will be spent on the poor and indigent population that uses a disproportionate amount of prescription related opioid abuse funds. 
http://www.voanews.com/content/breaking-news-...64278.html

http://www.kentucky.com/2012/02/23/2081181/ho...aging.html
Measure backs use of tamper-resistant pills 

A bill approved recently would encourage use of tamper-resistant pain medication in Kentucky as a way to combat the state's crippling level of prescription-drug abuse. 

The House Health and Welfare committee voted 13-0 to approve House Bill 377.



(0)
(0)




Elite Pharmaceuticals Inc (ELTP) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us