Elite Pharmaceuticals Inc (ELTP): It’s a cash flow negative situation when...

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Elite Pharmaceuticals Inc (ELTP)

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Re: imanjen13 post# 375279

Monday, 11/07/2022 11:09:56 AM

Monday, November 07, 2022 11:09:56 AM

It’s a cash flow negative situation when creating your own sales distribution channel. Upfront costs for payback months later. Additional filings now won’t help with the cash flow crunch coming after Lannett deal terminates. Those are next near benefits, if FDA approval process is smooth.

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