Elite Pharmaceuticals Inc (ELTP)

[sharkey1]

Now it's China riots and lock downs causing API delays.

However, Glatter said that the problem is in part because the U.S. is currently facing challenges in obtaining raw materials. For instance, source materials for manufacturing the active pharmaceutical ingredients in the majority of drugs come from China, which is dealing with limited production and output of raw materials involved in pharmaceutical manufacturing due to rigid lockdown measures, Glatter said.

The U.S. is also dependent on India for a significant number of generic medications, but India also relies on China for the raw materials used to produce active pharmaceutical ingredients, he added.

Whew , what next ?