Elite Pharmaceuticals Inc (ELTP): Purdue is going BK, looks like they have...

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Elite Pharmaceuticals Inc (ELTP)

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Tuesday, 07/27/2021 11:03:06 AM

Tuesday, July 27, 2021 11:03:06 AM

Purdue is going BK, looks like they have some meds they are working on,

The agreement, supported by longstanding holdouts including Massachusetts and New York, sets the stage for Purdue to gain court approval in coming weeks for its bankruptcy plan, which the company values at more than $10 billion.

That value is contingent in part on future donations of overdose reversal and addiction treatment medications the company has under development.

Maybe they called Elite, who knows.

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Recent ELTP News

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