Elite Pharmaceuticals Inc (ELTP)

[rollin2nyte]

Let's not forget the barriers to entry in the Chinese market:

I love this article which gives you insight into what's brewing in China regarding biotech:

http://www.chinabiotoday.com/articles/20160414


“There is a lot of money flowing and the amounts are going up exponentially,” he said.

“To enter the Chinese market, you may come in by licensing an asset, which we have done, or you can create a joint venture, which we have also done. But you cannot go in by yourself.”

Keyoung described different options including what he called a WOFE, a wholly foreign-owned enterprises that is an investment vehicle for mainland China. With either a joint venture or a WOFE, he said, a foreign company can tap into the flow of government funding at the city, county or provincial level in variations on private-public investment models or more commonly through the technology parks.