Elite Pharmaceuticals Inc (ELTP): I think having a sales/marketing distrib...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jgsnys post# 355158

Tuesday, 05/04/2021 12:01:12 PM

Tuesday, May 04, 2021 12:01:12 PM

I think having a sales/marketing distributor is by far the best option here until Elite becomes much larger. I have seen small companies jump the gun and build out their own sales team and fail miserably in the highly competitive pharma markets. Plus, building out sales staff is cash intensive and payback comes down the road. We don’t have that luxury and isn’t worth pursuing yet.

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