Elite Pharmaceuticals Inc (ELTP)

[elichen]

I just got off the phone with Dianne. It's crystal clear that everything is going beautifully and is On Track. There have been NO "FAILURES". Many times, formulations have to be tweaked along the way to get em just right. That does NOT equate to "failure". It's just part of the process. She suggests reread carefully the PR of Sept 9.

Most people have no idea how long things take in pharma industry nor what the process actually involves. It is extremely complex and FDA has increased amount of time things take. For example, it used to be 7 months of demonstrated stability but now it's 10 months.

ELTP has made phenomenal progress since NH came on board in very condensed time period. He's very well respected by many people in the industry and in FDA. Camargo is a huge help. Ignore those who stick pins. We are On GO! GO! GO! So relax! This is a once-in-a-lifetime Great Investment!