Elite Pharmaceuticals Inc (ELTP): Not a bad idea but Nasrat has mentioned...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Winechemist post# 314250

Tuesday, 04/16/2019 3:30:38 PM

Tuesday, April 16, 2019 3:30:38 PM

Not a bad idea but Nasrat has mentioned in the past about avoiding building up inventory of raw materials or something to that effect prior to receiving approvals. Basically, you can’t be sure when your ANDA will be approved and a small company like Elite doesn’t have the resources to risk ruining batches of time-sensitive materials if ANDA approvals don’t come at the expected times. Just my thoughts. I do think we are due for Adderall IR launch any day now.

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