UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                         PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                  March 5, 2004
                           ---------------------------
                                (Date of Report)

                           ELITE PHARMACEUTICALS, INC.
                 -----------------------------------------------
             (Exact name of registrant as specified in its charter)


           Delaware                333-45241                     22-3542636
         ------------            -------------                 --------------
(State or other jurisdiction      (Commission                  (IRS Employer
    of incorporation)             File Number)              Identification No.)



                 165 Ludlow Avenue, Northvale, New Jersey 07647
         ---------------------------------------------------------------
                    (Address of principal executive offices)


                                 (201) 750-2646
                              ---------------------
              (Registrant's telephone number, including area code)





Item 5.         OTHER EVENTS AND REGULATION FD DISCLOSURE

         Registrant  issued  on  March  5,  2004  a  press  release   announcing
completion of the  manufacture  of validation  batches for a once-a-day  product
which treats allergies and the symptoms of allergies.  The product was developed
for an undisclosed U.S. pharmaceutical company.

         A copy of Registrant's press release is attached as Exhibit 99.1.

Item 7.         FINANCIAL STATEMENTS AND EXHIBITS

         a)   Not applicable.

         b)   Not applicable.

         c)   Exhibits

              99.1. Press Release, dated March 5, 2004




                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

         Dated:   March 5, 2004

                                            ELITE PHARMACEUTICALS, INC.


                                            By: /s/ BERNARD BERK
                                                ----------------------------
                                                Name: Bernard Berk
                                                Title: Chief Executive Officer