Elite Pharmaceuticals Inc (ELTP): There is no ELI154 and ELI216 wouldn't b...

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Elite Pharmaceuticals Inc (ELTP)

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Re: troy56 post# 135969

Saturday, 11/22/2014 9:10:08 AM

Saturday, November 22, 2014 9:10:08 AM

There is no ELI154 and ELI216 wouldn't be until 2016 after ELI201 is approved in 2015/2016.

What I have stated as to ELI200 is not a pump but rather a basis for $ELTP selecting a 1000 Kilo per month dryer which would be 5x $ELTP current ANDA units per month which is 16 million units.

At 5x current 16 mil units, $ELTP will be selling/marketing 80 mil units per month and exactly why Nasrat was on the West coast lining up sales/marketing partners for $ELTP.

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