Elite Pharmaceuticals Inc (ELTP): He should immediately announce a licensi...

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Elite Pharmaceuticals Inc (ELTP)

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Re: WeeZuhl post# 198079

Wednesday, 05/04/2016 1:35:21 PM

Wednesday, May 04, 2016 1:35:21 PM

He should immediately announce a licensing deal for only Canada to develop and market ELI-154, which is ELTP's 24 hour oxy WITHOUT ADF

WeeZuhl one problem with ELI-154 in a licensing deal.... currently it is an in house proprietary intellectual property which has no patent protection. This could pose a problem if Elite thinks this technology is worth keeping... no?

Thoughts?

another question: Could Elite license ELI-154 to a company while maintaining their in house PIP without patent protection or would this risk giving the technology away? In other words would Elite still have legal grounds to defend their PIP if the contract were written in such a way even without patent protection?

Thoughts?

TIA

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