Elite Pharmaceuticals Inc (ELTP)

[Couch]

WHY ELI 216 IS A GAME CHANGER~~~PART 2
http://www.ag.ny.gov/press-release/new-report-demonstrates-urgent-need-pass-i-stop-amid-growing-rx-drug-crisis
The grand jury report also refutes assertions that there is an epidemic of untreated pain; the report concludes that overprescribing is the real problem.

....of course not everybody agrees with the grand jury.....
http://www.newsday.com/opinion/oped/carney-seek-balance-in-a-new-pain-pill-law-1.3751226
Opiates are already the most highly controlled medications that exist.The proposed legislation targets all physicians, and indirectly harms patients, when instead it should focus on the doctors and patients who abuse and misuse these prescriptions.

However the various bureaucratic agencies play this out one thing is for sure!
Eli 216 will help BOTH SIDES SLEEP AT NIGHT!!

And as we all know the Pain sector is a huge market that Elite will cash in on!!
http://www.prnewswire.com/news-releases/us-back-pain-market-approaches-23-billion-in-2018---anticipated-long-acting-abuse-resistant-opioids-drive-value-61910937.html
The US back pain market for drug treatment will be valued at almost $23 billion in 2018, according to US Back Pain, a report released today by WWMR, Inc. Growth in this market will be driven largely by the opioid agonist products that are currently in development. Many of these are long-acting, abuse-resistant formulations that are highly anticipated in the clinical community. If pipeline products deliver on efficacy and safety, uptake is likely to be considerable and at premium prices. BINGO!!! :)

Academia has been contributing to the problem as well!!
http://www.jsonline.com/watchdog/watchdogreports/119130114.html
By far the biggest chunk of money the UW Pain Group got was from Purdue Pharma. In 2007 the company was accused by the U.S. Department of Justice of fraudulently misleading doctors by claiming, with no proof, that its narcotic painkiller OxyContin was less addictive, less likely to cause withdrawal and less subject to abuse than other pain medications.

At the time, scores of deaths and an even greater number of addictions were attributed to OxyContin. The company and three of its executives pleaded guilty to various charges. A court imposed fines and restitution payments totaling $635 million.

Between 1999 and 2010, Purdue paid the UW Pain Group about $1.6 million, according to university records obtained by the Journal Sentinel through an open records request.

The UW Pain Group may have helped pave the way for OxyContin's widespread use.

HOW COZY PURDUE PHARMA WITH FINANCIAL TIES TO THE AMERICAN PAIN FOUNDATION OF ALL PLACES....
http://www.jsonline.com/watchdog/watchdogreports/painkiller-boom-fueled-by-networking-dp3p2rn-139609053.html

HERE'S ONE OF THE KICKERS THOUGH.....THE US SENATE IS INVESTIGATING THE FINANCIAL TIES BETWEEN DRUG COMPANIES AND NONPROFIT ORGANIZATION THAT SUPPORT THE USE OF ADDICTIVE PAINKILLERS!!!
http://www.jsonline.com/watchdog/watchdogreports/us-senate-panel-launches-investigation-of-painkillers-drug-companies-4u5arr1-150767225.html
"It is clear that the United States is suffering from an epidemic of accidental deaths and addiction resulting from increased use of powerful narcotic painkillers," said a joint statement from committee members U.S. Sens. Chuck Grassley (R-Iowa) and Max Baucus (D-Mont.).

The senators said there was growing evidence that drug companies have promoted misleading information about the safety and effectiveness of the drugs with help from nonprofits they have donated to.

NOW YOU PUT THESE RECENT DISCOVERIES WITH THE LATEST GOVERNMENTAL MANDATES THAT ARE HERE NOW!!!~~~~AND BUYING ELITE SHARES BECOMES A NO BRAINER!!!
http://www.pe.com/local-news/politics/politics-headlines-index/20120719-congress-bono-mack-backs-prescription-drug-abuse-bill.ece

WHAT DID JT SAY~~~OH YEAH...DOUBLES, TRIPLES~~~AND HOME RUNS :)