Elite Pharmaceuticals Inc (ELTP)

[ARbigguy1]

Elites new connections - PuraCap, Humanwell, Dangdai International....

PuraCap Pharmaceutical LLC web - http://puracap.net/

Humanwell Healthcare Group HQ located in a High-tech Development Zone in Wuhan,China web - http://en.humanwell.com.cn/index.aspx

Dangdai International Group Co is a subsidiary of Wuhan Dangdai Science & Technology Industries - still researching this one but they are in JV with PuraCap in the Blu Pharma deal so there is a connection. Also see "Cellular Biomedicine Group Announces a $43.13 Million Strategic Investment from Dangdai International Group Co., Limited, a wholly owned Hong Kong Subsidiary of Wuhan Dangdai Science & Technology Industries Group Inc." This was a 10%+ stake in a California medicine (pharma) company in Feb 2016.

China companies are major players in the GLOBAL (key word - GLOBAL) market and pay well to expand their growth.... owning companies in USA is like a status thing for them it seems they are very active recently. This could get interesting to see if the connections develop. I do not expect to hear much until after ELI-200 approval but you can bet there are some big money players positioning themselves for when that happens!