Elite Pharmaceuticals Inc (ELTP): With +$16 mil cash on hand and more cash...

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Elite Pharmaceuticals Inc (ELTP)

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Re: lasers post# 243131

Friday, 02/17/2017 1:55:51 PM

Friday, February 17, 2017 1:55:51 PM

With +$16 mil cash on hand and more cash revenues coming in weekly/monthly $ELTP can easily fund 100% of all R&D costs for the ongoing 8 new ANDAs in 2017 as well as the complete funding for SequestOx's new submittal.

Four of the new ANDAs are with SunGen and all paid for to $ELTP on a very lucrative $Cost Plus basis.

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Recent ELTP News

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