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Re: None

Monday, 06/03/2019 7:23:43 PM

Monday, June 03, 2019 7:23:43 PM

Post# of 402169
ALL shares must be accounted for in a buyout!
TWO potential areas for foreign countries establishing businesses in the USA that may be contenders to buy ELITE! I think the probability is getting more likely

Glenmark is Elite's connection to India.
Glenmark Pharmaceuticals Ltd, a research-led integrated global pharmaceutical company, today announced that its Board of Directors has given an in-principle approval to spin off the innovation business into a new company in the US. Setting up of the new company will provide an enhanced focus to the innovation business and help accelerate the pipeline towards commercialization.
(They will definitely be looking at manufacturers to acquire in the USA that are already established).

SunGen is Elites connection to China
SunGen - Jingjun “Jim” Huang - Ascendia Pharmaceuticals
Ascendia has also opened a subsidiary in China in late 2014 to serve formulation development needs of the Chinese market.
Link - http://ascendiapharma.com/Leadership.html
dig deeper - very smart guy.... advance research in delivery tech, major connection back to billionaires in China.

Link to SUNGEN in China - http://www.strandbio.com/en/rd.php

Humanwell Puracap Pharmaceuticals - Wuhan Co. Ltd., located at Wuhan, China.
Do the google search and learn what you want.... I have seen enough and it is a great connection for ELTP.
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