Elite Pharmaceuticals Inc (ELTP): LCI has been in existence for 80 years,...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 369861

Wednesday, 06/08/2022 10:42:51 PM

Wednesday, June 08, 2022 10:42:51 PM

LCI has been in existence for 80 years, so it would be interesting to see them sold. Given the competition in generics, if it were me making the decision about acquiring them, they would look much better after Chp 11. No way would I want to take on their debt. Elite is wise looking for a new partner, particularly if we are to believe Elite has 8 ANDAs in the pipeline.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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