Elite Pharmaceuticals Inc (ELTP): Haha! Completely wrong on all accounts....

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Elite Pharmaceuticals Inc (ELTP)

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Re: Couch post# 208761

Saturday, 07/02/2016 11:20:15 AM

Saturday, July 02, 2016 11:20:15 AM

Haha! Completely wrong on all accounts. Yes he did. That is the 400M market. You don't just create a new market. You are stealing marketshare from other pharma companies. That is precisely where all the revenue is coming from. If SequestOx doesn't get approved patients still will get their non-ADT IR oxy just as they would normally. If SequestOx gets approved, Elite takes market share from Purdue and other pharmas. This isn't a new customer base, it is a current one. It is based on this fact that creates only a 400M market for SequestOx.

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