Elite Pharmaceuticals Inc (ELTP)

[elichen]

Most opioid prescriptions are written for legitimate patients seeking pain control, not for addicts.

Obviously wrong and ridiculous to say that the market for opioids will disappear once ELTP's ADT formulations dominate the market (assuming FDA mandates ADT formulations once ELTP's are available and/or assuming that doctors simply choose to prescribe ELTP's ADT formulations, once they are available--both of which assumptions are highly reasonable and likely).

Also obviously wrong and ridiculous to argue that--if most prescriptions are for legitimate pain control--then ADT formulation is not necessary. ADT formulation is necessary to keep non-addicted, legitimate users of pain meds, from becoming addicted. Those who are already addicts will seek out another source of highs (such as heroin) but many people who are not yet addicts will be spared the curse of addiction.

And also it will be a great blessing for pharmacists that their stores will no longer be targeted by addicts and/or dealers as a source to get their opioids!

The FDA and Congress want to stop the surge in opioid drug deaths and they will therefore support the introduction of really good ADT formulated opioids--namely the amazing pipeline of ELTP drugs, soon coming to a pharmacy near you.

With the vast increase in all kinds of surgeries worldwide--including a major increase in cosmetic surgeries--and with the huge increase in elderly people worldwide--(many of them suffering more aches and pains, as well as having more surgeries)--the market for opioid pain medication worldwide is growing by leaps and bounds.

ELTP will be providing exactly what the FDA and Congress and many other governments, doctors, and concerned citizens, are looking for.

HAVE PATIENCE!!! Remember what Warren Buffett says: "The stock market remains an exceptionally efficient mechanism for the transfer of wealth from the impatient to the patient".

My one post for the day.