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Point me to the place where I can find all the FDA requirements regarding what is expected of TMax fed data. Also point me to the data on Tmax for all the FDA approved opioid drugs.
oops.
And the FDA never said SequestOx is poison or dangerous
Sequest is safe bc there is nothing wrong with it. The FDA was simply protecting stupid people from user error. At least 163 people (was really more than that) used previous Sequestox in a major trial. No deaths reported. No major problems reported.
The previous SequestOx was absolutely as safe as any IR opioid on the market. The FDA didn't say it's poison. The FDA said people can't be trusted to use common sense. Therefore, we'll take all this money from Elite's competitors and not allow it to be handled by a label.
Hello. Elite hasn't filed an application to market the current SequestOx. Ergo, no crl's or red lights or shreds of evidence or proven case.
SequestOx has been modified, fyi.
furthermore, there was nothing unsafe about the previous version of SequestOx. It was only dangerous if too much was consumed too close in time. Water is the same way as is pretty much every other element or compound on the planet. OH NOOOOO. Water is total poison now.
NOT ONE SHRED OF EVIDENCE IT'S NOT THE SAFEST OPIOID IN THE WORLD EITHER.
The present form of Sequestox hasn't failed any trials. Not one iota of evidence that any form of Sequestox has killed or harmed anyone ever.
Where did you get June? During the June call, Nasrat said the contract with the customer ended on December 31, 2017. We experienced the hit from that loss earlier in the year. He did say something about some sales of Methadone this year, but he didn't clarify for whom. It seems we are either still producing some Methadone for the same customer but not contract basis, or Nasrat found another customer to bridge the gap.
We shouldn't feel much of a hit bc we hadn't been producing much any way. It had been declining for a while as the customer ramped up their own operation.
because it's a lot cheaper.
yep, it's a big problem for our opposition, which is why they are paying to stall.
I believe he was waiting for a letter and not necessarily a chat. Having only a chat and not something in writing is what caused the problem in the first place.
Which patent are you referring to? There are at least two patents: the modified technology or the cheaper, unknown technology. Seems unlikely.
There is no particular need for approval to come first. Many companies have been bought before they had any drug(s) approved. There's also the fact they any potential buyer would know how good the reformulated technology is. I have not been very concerned about a buyout nor convinced Nasrat was that interested, but this news is big.
This scenario looks like it is playing out very similarly to my wife's company when they they bought out another US company. Her company is an international, publicly traded company in Europe.
The pr info about Fatmi's involvement in integration and acquisitions was no coincidence or to be taken lightly. That was to send a clear message. It's certainly not fluff.
"Baloney"
--Nasrat Hakim
in that case, we are averaging one every other week now.
certainly more likely than a 100/1 reverse split
might get to $1000 per share without a split.
Incorrect. Elite has many approvals, including 3 in the past year.
oh my, some undisclosed aspect of Nasrat may be dead. Let me sell all my shares on Monday. Please let me beat the rush.
better, obviously. Nasrat is alive.
It's very simple. Epic got bought out, and Epic doesn't need Elite's help any longer since Pura will carry them now. Epic and Elite were basically leaning on each other.
Elite is apparently going to be leaning on Glenmark and others as we grow into adolescence and adulthood.
Why is that something to be celebrated? Only our competition would want to celebrate that.
I guess you'll need to direct your questions toward those drug dealers.
I think we all know many doctors are already using Isradipine off label for PD. No reason not to. Patients and their families weren't and aren't going to wait months.
June 2018:
oh the horror of waiting 4 days during a holiday period. The horror.
but most of those are more than a year away and no guarantee of approval
I don't recall or see that in the transcripts. Here's the link:
https://seekingalpha.com/article/4182056-elite-pharmaceuticals-inc-eltp-ceo-nasrat-hakim-q4-2018-results-earnings-call-transcript?part=single
There's no question the next earnings announcement will be around August 9th. After that will be around Nov 9 and Feb 9.
Nasrat specifically stated we will get there "organically". Update us when he specifically says we will do a reverse split.
Elite's CEO has spoken multiple times about NOT doing a REVERSE SPLIT.
A lot of liars make a lot of money. Wall Street is full of the most evil, selfish, lying human beings on this planet. I would list a lot of liars, but it may be deemed to violate TOS.
The question is so obvious, just answer it. Everybody on this board knows the question.
That's right. He said the FDA can't stop us. He didn't say the FDA isn't corrupt or couldn't slow us down. He was completely correct. We aren't stop. In case it isn't clear, we are still fully operational and SequestOx is still pushing forward.
Which begs one obvious question
That's total misrepresentation of how it went. Nasrat specifically said with confidence:
Nasrat wasn't talking about Percocet bc that was long before we filed Percocet generic. Quotes are nothing but straw man arguments.
look harder. there was proof offered by the Doc.