Elite Pharmaceuticals Inc (ELTP): A division is a part of a business corpo...

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Re: namtae post# 290708

Tuesday, 06/05/2018 12:25:56 PM

Tuesday, June 05, 2018 12:25:56 PM

A division is a part of a business corporation or entity which usually represent a certain segment of the companys business and all divisions have shared liability

Given this information then Glenmark Pharma USA is a division of Glenmark Pharmaceuticals Ltd. In fact, their financials combine the data for the India and US operations.

http://glenmarkpharma.com/sites/default/files/MDA_Q4FY18_1.pdf

So. . .once again, I call BS on this opinion:

Glenmark Pharmaceuticals USA IS NOT a division of Glenmark Pharmaceuticals Ltd!!!

Always willing to offer my expertise to clear up untruths

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