Elite Pharmaceuticals Inc (ELTP): Completely agree. R&D spend was taking p...

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Re: Sctrben post# 370168

Wednesday, 06/22/2022 5:28:23 PM

Wednesday, June 22, 2022 5:28:23 PM

Completely agree. R&D spend was taking place, but little has changed. Last year, CEO mentioned mid-2022 Elite would buy remaining rights to Adderall from Mikah. This would raise our margin and profitability profile, but deplete cash for R&D. We are eating the dust from sloths and slugs at this pace.

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