Elite Pharmaceuticals Inc (ELTP)

[conix]

This would not have been a misleading statement

-"4 ANDA'a awaiting FDA approval for drugs entering a market with total annual sales of $3.74 billion".

We already know how poorly approved ELTP drugs have fared in mult-billion dollar markets. I understand the need to be positive, but delusional is another matter.

Has there been any drug that ELTP is selling that has garnered 1% of the market? Ever?

.5 of 1 % would be less than $19 million. And they would not START at that level.

The road is still long --3 years after we were going to be in Dollarland!