Elite Pharmaceuticals Inc (ELTP)

[Couch]

Nasrat The Closer knows what he is doing when it comes to the Phamra Space particularly the generic pharma space........he knows SunGen is a solid company run by previous BP guys like himself. Here is what Nasrat said during a recent CC about SunGen.

SunGen is run by an experienced team of professionals. Dr. Isaac Liu has extensive Pharma experience and operation and management. At one time he is a Pfizer executive, who was in charge of Asia-pacific I believe at one time. He is the president of the company. Dr. Jim Huang is a good friend of mine, and he is the CEO. He has extensive pharma experience. He was with us at [Activas] and he also was the head of R&D for the generics for [Endo Pharmaceutical].

The company is well funded with private money. That is why you don't find too much information online about them. And frankly they don't care for worksites, Internet and fluff. I've made the chime I meII I met the chairman that finances the operation, a billionaire, who has six, seven other pharmaceutical companies worldwide. If you wish to look up SunGen or know a little more about them, a couple of months ago they had another business partnership with a company called Athenex, over seven products – a basket of seven products. You can Google that with SunGen, and you will get some hits on that. SunGen also does business as Peterson Pharmaceuticals.