Elite Pharmaceuticals Inc (ELTP)

[RizZo]

You may be right on the employees broken up into 2 shifts bc of the coronavirus situation.....however, they did add more employees since last year....As of June 15, 2020, Elite has 43 full time employees. As of June 14, 2019, Elite had 35 full time employees. My understanding is they never had a second shift until recently coinciding with Elite manufacturing and packaging Adderall IR/ER for Lannett.
SunGen....I'd have to go back over the CC again but my understanding is Mikah purchased Adderall IR and ER from SunGen and thus is in Elite's hands. The other two antibiotics are confusing....SunGen has no more money for launching them....I'm uncertain if they've even been filed with the FDA yet? However, Nasrat made it sound like Elite will own these as well. Then you come to the CNS generic....the big dog as it were. Elite is going to own this product as well but it requires some decent capital to run a trial and then file. So some good and bad news imo related to SunGen.

Thank you Couch.

In the House!!