Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

I agree with your comments here. I also wouldn't be surprised if we held off on a partnership deal until early next year. This is one deal we do not want to rush.

There's still some leverage in the partners hand if we do a deal prior to FDA approval. Even if we get delayed 6-8 months we obtain much more leverage after FDA approval than before.

However, partnership deals can take several months and we'll want to ensure we can hit the ground running upon approval (when it does occur). This requires a fine balance within the contractual framework to take into consideration the potential scenarios.

The potential for the partnership is huge as we're going to be pushing several ART products through over the next few years. Very exciting.