Companies · Pharmaceuticals

Elite Pharmaceuticals Inc /Nv/

NORTHVALE · Pharmaceuticals

Diligence memoA one-page analyst read on Elite Pharmaceuticals Inc /Nv/ — recommendation, valuation, rhythm, risks.
$3.3M
Total raised · real
5
Rounds
0.6×
Latest step-up
Top 65%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Jul 08 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Elite Pharmaceuticals Inc /Nv/ looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the pharma sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.75× the median modeled value of Pre-Seed Pharmaceuticals companies in 2019–2021 (46 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.0 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Pharmaceuticals

Elite Pharmaceuticals Inc /Nv/ is one of 1613 Pharmaceuticals companies tracked from NORTHVALE. By capital raised it ranks in the long tail (ahead of 36% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2020-07-08
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2009-06-03 Raised $1.0M (real) Modeled valuation $47M (est)$1.0M$47MPre-Seed2009Pre-Seed · 2013-04-19 Raised $205K (real) Modeled valuation $9.7M (est)$205K$9.7MPre-Seed2013Pre-Seed · 2014-04-10 Raised $800K (real) Modeled valuation $38M (est)$800K$38MPre-Seed2014Pre-Seed · 2017-05-01 Raised $800K (real) Modeled valuation $38M (est)$800K$38MPre-Seed2017Pre-Seed · 2020-07-08 Raised $500K (real) Modeled valuation $23M (est)$500K$23MPre-Seed2020+$205K+$800K+$800K+$500KCumulative $3.3M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$1.0M · 2009
Pre-Seed extension$205K · 2013
Pre-Seed extension$800K · 2014
Pre-Seed extension$800K · 2017
Pre-Seed extension$500K · 2020

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$23.4M
Base estimate est.
$280K
Conservative case
$264.0M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the pharma sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $47.3M · 2009-06-032009Pre-Seed · modeled $9.7M · 2013-04-19Pre-Seed · modeled $37.8M · 2014-04-10Pre-Seed · modeled $37.8M · 2017-05-01Pre-Seed · modeled $23.4M · 2020-07-082020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
25%
Survival probability
10% low · 46% high
1.80×/yr
Annual markup
2.44×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
pharma
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
33 mo
Avg between rounds
$298K/yr
Capital velocity
17.1 yr
On record since
2009
First round
5
Rounds on file
How it compares to the market

Benchmarked against 1613 companies in Pharmaceuticals. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.4× of median
This company$3.3M
Sector median$8.1M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.2× above median
This company$500K
Sector median$421K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$23.4M
Sector median$76.1M

Raised more than 36% of sector peers (real $). Modeled value above 30% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #12 of 46.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Elion Oncology, Inc. · Pre-Seed Raised $1.0M · modeled $47.3M (est)Cyclone Therapeutics, Inc. · Pre-Seed Raised $800K · modeled $37.8M (est)Sonnet Biotherapeutics, Inc. · Pre-Seed Raised $750K · modeled $35.5M (est)Fastball Capital Group, Llc · Pre-Seed Raised $750K · modeled $35.5M (est)TamRx, LLC · Pre-Seed Raised $700K · modeled $33.1M (est)Veana Therapeutics, Inc. · Pre-Seed Raised $1.4M · modeled $32.9M (est)Ariz Precision Medicine, Inc. · Pre-Seed Raised $685K · modeled $32.4M (est)Vascarta Inc. · Pre-Seed Raised $649K · modeled $28.1M (est)Enfuego Therapeutics, Inc. · Pre-Seed Raised $1.0M · modeled $27.0M (est)Sincerus Pharmaceuticals Inc · Pre-Seed Raised $506K · modeled $23.9M (est)Neurodon Corp · Pre-Seed Raised $500K · modeled $23.7M (est)Elite Pharmaceuticals Inc /Nv/ (this company) Raised $3.3M · modeled $23.4M (est)Elite Pharmaceuticals Inc /Nv/
CompanyStageRaised · realValue · estvs peer med.
Elion Oncology, Inc.Pre-Seed$1.0M$47.3M3.54×
Cyclone Therapeutics, Inc.Pre-Seed$800K$37.8M2.83×
Sonnet Biotherapeutics, Inc.Pre-Seed$750K$35.5M2.66×
Fastball Capital Group, LlcPre-Seed$750K$35.5M2.66×
TamRx, LLCPre-Seed$700K$33.1M2.48×
Veana Therapeutics, Inc.Pre-Seed$1.4M$32.9M2.46×
Ariz Precision Medicine, Inc.Pre-Seed$685K$32.4M2.43×
Vascarta Inc.Pre-Seed$649K$28.1M2.10×
Enfuego Therapeutics, Inc.Pre-Seed$1.0M$27.0M2.02×
Sincerus Pharmaceuticals IncPre-Seed$506K$23.9M1.79×
Neurodon CorpPre-Seed$500K$23.7M1.77×
Elite Pharmaceuticals Inc /Nv/ this companyPre-Seed$3.3M$23.4M1.75×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$1.0M2009-06-03$5.6M$47.3M85%
Pre-Seed$205K2013-04-19$1.1M$9.7M85%
Pre-Seed$800K2014-04-10$4.4M$37.8M85%
Pre-Seed$800K2017-05-01$4.4M$37.8M90%
Pre-Seed$500K2020-07-08$2.8M$23.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$1.0M2009-06-03
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$205K2013-04-19
    • Raised again after 47 mo — slower than the ~13 mo sector norm.
    • Round 4.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$800K2014-04-10
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  4. Pre-Seed$800K2017-05-01
    • Raised again after 37 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  5. Pre-Seed$500K2020-07-08
    • Raised again after 38 mo — slower than the ~13 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~33mo cadence
$500K
Modeled next size est.range $500K$800K
0.6×
Last step-up
$298K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Carter Ward1 other2013-04
Robert J. Levenson1 other2009-06
Ashok Nigalaye2013-04
Barry Dash2009-06
Chris Dick2009-06
Davis Caskey2017-05
Douglas Plassche2017-05
Eugene Pfeifer2017-05
Jeenarine Narine2013-04
Jeffrey Whitnell2013-04
Jerry Treppel2009-06
Mark Gittelman2009-06
Melvin Van Woert2009-06
Nasrat Hakim2014-04
Registry & provenance

Elite Pharmaceuticals Inc /Nv/ is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1053369
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Stocosil Inc.PharmaceuticalsPre-Seed$3.0M$26.8Msame sector · same stage
Exodos Life Sciences Limited PartnershipPharmaceuticalsPre-Seed$2.7M$32.6Msame sector · same stage
Terpenoid Therapeutics, Inc.PharmaceuticalsPre-Seed$2.3M$25.3Msame sector · same stage
Theron Pharmaceuticals, Inc.PharmaceuticalsPre-Seed$2.2M$19.4Msame sector · same stage
Galera Therapeutics LLCPharmaceuticalsPre-Seed$2.1M$19.2Msame sector · same stage
Nuovo Biologics, LLCPharmaceuticalsPre-Seed$1.9M$20.1Msame sector · same stage
Osteologix, Inc.PharmaceuticalsPre-Seed$1.8M$35.5Msame sector · same stage
Transport Pharmaceuticals IncPharmaceuticalsPre-Seed$1.7M$9.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Eagle Pharmaceuticals, Inc.PharmaceuticalsSeries A$84.9M78%
NV Therapeutics, Inc.PharmaSeed$12.8M78%
Innovus Pharmaceuticals, Inc.PharmaceuticalsSeries A$98.2M78%
Nevakar Inc.PharmaceuticalsSeries A$40.3M77%
Anivive Lifesciences, Inc.PharmaceuticalsSeries C$1.1B77%
Evogene Ltd.PharmaceuticalsSeries A$8.5M77%
Viking Scientific, Inc.PharmaceuticalsPre-Seed$4.8M76%
Aeovian Pharmaceuticals, Inc.PharmaceuticalsSeries C$297.8M76%
Frequently asked
How much funding has Elite Pharmaceuticals Inc /Nv/ raised?
Elite Pharmaceuticals Inc /Nv/ has raised approximately $3.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Elite Pharmaceuticals Inc /Nv/'s estimated valuation?
Provath's modeled valuation for Elite Pharmaceuticals Inc /Nv/ is approximately $23.4M (modeled range $280K–$264.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Elite Pharmaceuticals Inc /Nv/ at?
Elite Pharmaceuticals Inc /Nv/'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Jul 08.
What does Elite Pharmaceuticals Inc /Nv/ do and where is it based?
Elite Pharmaceuticals Inc /Nv/ operates in the Pharmaceuticals sector, based in NORTHVALE.
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