Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Great dialogue. I don't think Elite will escape legal proceedings. I have confidence that the FDA will approve with additional minimal studies. I am more interested in how Elite is strategizing if ELI-200 CAN'T go to market next year due to legal woes. I see this as inevitable. Generics cover op expenses, but not R&D. Shares could always be sold, but hopefully not the route taken. If FDA does approve ELI-200, I think some realistic partnerships with big pharma will present themselves to further the required studies of the pipeline. Not our plan A, but an option of which I think there is high liklihood.