Elite Pharmaceuticals Inc (ELTP)

[IB_]

31 years and investors in "ELTP" are still waiting on "ART" or "ADT" whatever it's called today !!! As everyone can see, Elites Tech has at least one thing wrong with it... IN 31 LONG YEARS IT HAS NOT BEEN APPROVED !!! FACT ....

"Elite Pharmaceuticals, Inc., a specialty pharmaceutical company, principally engaged in the research, development, and licensing of proprietary controlled-release drug delivery systems and products. The company develops orally administered controlled-release products for various therapeutic areas, including pain, allergy, and infection. It owns, licenses, sells, and contract manufactures Phentermine tablets and capsules, Lodrane D Immediate Release capsules, Methadone tablets, Hydromorphone Hydrochloride tablets, Phendimetrazine tartrate tablets, and Naltrexone HCl tablets. The company also has a pipeline of other generic drug candidates under development; and is developing abuse resistant opioid products and once-daily opioid products. In addition, it is engaged in contract research and development on behalf of other pharmaceutical companies. The company has strategic alliance agreements with Epic Pharma, LLC and Epic Investments, LLC. Elite Pharmaceuticals, Inc. was founded in 1984 and is headquartered in Northvale, New Jersey.

Thankful for the generics that we have at least !!!

IB_ ;)