Elite Pharmaceuticals Inc (ELTP): Understood, but why would NH go on to sa...

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Elite Pharmaceuticals Inc (ELTP)

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Re: lasers post# 263789

Friday, 07/07/2017 3:25:40 PM

Friday, July 07, 2017 3:25:40 PM

Understood, but why would NH go on to say “We were hoping for better and more decisive results for the reformulated immediate release version of SequestOxTM”, said Nasrat Hakim, President and CEO of Elite Pharmaceuticals. “We remain positive with respect to Elite’s abuse-deterrent and generic pipeline. We will see the results of our hard work over the next six to twelve months.”

Why could the PR not just state what the old results were and that the new BE results are being submitted to the FDA for review.

This PR makes no sense. Other top line results were released for other formulations such as OxyContin. In those PRs Elite came right out and said that the results were good.

Do you think NH is being super cautious not to say the reformulation is good or better than expected results because of past FDA decisions?

Otherwise this makes no sense. Why release any PR?

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