Elite Pharmaceuticals Inc (ELTP)

[rrr2003]

No doubt very exciting news. Now we all wait until the end of January to hear what studies need to be done along with the duration.

I agree today's PR is exciting news. IF any studies need to be completed ELTP will be more than a month into any work done by the time we are updated end of January (update could occur sooner of course).

"We are extremely pleased that there is a path forward to seek FDA approval of SequestOx™," said Nasrat Hakim, President and CEO of Elite. "Based on the guidance received from the agency, Elite will begin to execute the proposed plan immediately."

http://ir.elitepharma.com/profiles/investor/ResLibraryView.asp?ResLibraryID=82830&BzID=2258&t=1948&g=939&Nav=0&LangID=1&s=0