Elite Pharmaceuticals Inc (ELTP)

[dbg1969]

Considering the illogical and unpredictable nature of the FDA do you honestly think conventional banks or lending institutions would get involved? I have recently seen the FDA return CRL's for drugs that were overwhelmingly favored by advisory panels(probuphine) while others that were overwhelmingly rejected by advisory panels(Targiniq) get approved by the FDA. With their bipolar track record and inconsistent rulings no bank would touch it imo!

ps: The odd thing about the rulings on the two above examples is that the drug and delivery system designed to treat addiction(probuphine) was rejected whereas the drug that perpetuates addiction(Targiniq) gets approved....Funny how that works out huh????