Thursday, November 12, 2015 5:01:30 AM
Epic partnership is so intriguing. 15% profit take may amount
to what could have been a couple of nice generics.
Nasrat Hakim... Jerry Treppel & the BoD... and all of the employees at Epic and ELite are doing a great job.
Site transfer of the two generics still awaiting launch always takes time. Methods developed... validated... stability done for the products... validation batches done.... and all of that stuff takes time. Not like Epic was getting the product which was made at Elite from Elite. The products are "as is" where everything must be developed from scratch.
So much work has to be done for both products in order to get them final approval from the FDA. Launch of those generics will be a nice add to the bottom line.
Instead of $2.7 million in the quarter just from current generics maybe it will be ramped up to $3 million something per quarter.
Then add in the Epic revenue take once Epic gets their Oxy roll out done.
All without the ADF opioids.
Tiny little itty bitty Elite has come a long way from 2011.
Some folks are just jealous Elite has turned itself around.
Pay no mind to them. Longs know what the deal is.
Cannot stop what is to come.
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