Elite Pharmaceuticals Inc (ELTP): No tech here has been proven to be of an...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Pharma Sleuth post# 377419

Tuesday, 02/07/2023 3:26:55 PM

Tuesday, February 07, 2023 3:26:55 PM

No tech here has been proven to be of any commercial value. What was submitted didn’t cut the mustard. More tests and millions more are required to move it forward, if they even choose to go that route. This is a generic company in a competitive space with relatively low margins - doesn’t command a high PE.

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