Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

https://www.linkedin.com/in/robert-chen-cpa-mpa-9a898119?original_referer=https%3A%2F%2Fwww.google.com%2F

***** NEWS!!!!! ***** Elite Pharmaceuticals, Inc. Appoints Robert Chen As Chief Financial Officer

NORTHVALE, NJ / May 11, 2022 / Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (OTCQB:ELTP), a specialty pharmaceutical company developing and manufacturing niche generic products, today announced the appointment of Robert Chen, CPA/MPA, as its Chief Financial Officer (CFO), effective May 16, 2022, succeeding Marc Bregman.

Mr. Chen joins Elite with broad experience in financial and operational leadership for life science companies, both private and public, ranging from preclinical development to commercial operations. Mr. Chen brings with him extensive and diversified financial leadership background in the areas of financial reporting, including manufacturing, financial and cost accounting, SEC, GAAP and IFRS, as well as financial planning and analysis.

Robert is an outstanding addition to our executive team as a seasoned public company CFO with more than 20 years of operational experience," said Nasrat Hakim, President and CEO of Elite. "The board and I are looking forward to working with Robert."

Mr. Chen previously served in roles as CFO, Vice President of Finance, and Corporate Controller primarily in the life sciences sector. Mr. Chen most recently served as Vice President of Finance for KBP Biosciences, a clinical-stage biotech start-up. Mr. Chen also held financial positions with Bradley Pharmaceuticals, Novartis, Victory Commercial Management, Medimetriks Pharmaceuticals, and Taiho Oncology.

Mr. Chen holds a Bachelor of Science in Business Administration, Accounting, and a Master of Professional Accountancy degree from the University of Southern Mississippi. He is a Certified Public Accountant (CPA).