NORTHVALE, N.J., Nov. 15, 2012 (GLOBE NEWSWIRE) -- Elite Pharmaceuticals, Inc. ("Elite") (OTCBB:ELTP) announced today the initial shipment of Phendimetrazine tartrate 35 mg tablets, the generic equivalent of Bontril PDM® 35 mg tablets under the previously announced manufacturing and supply agreement with Mikah Pharma ("Mikah"). Actavis, Inc. ("Actavis"), recently acquired by Watson Pharmaceuticals Inc. ("Watson"), will distribute the product as part of a distribution agreement between Mikah and Actavis.
