Elite Pharmaceuticals Inc (ELTP)

[Yankee001]

I have also been wondering the same thing for quite a while. I agree that shipping products under the Elite label is a material event. From a Supply Chain perspective this is a meaningful change in their process, one that can result in disaster if not managed properly with a proper action plan. Hopefully, all of what I describe next has been well thought out and was put into action from April 1 so they should have six weeks of actual experience to evaluate success or if they need to quickly make significant changes to their organization programs.

Hopefully Mr. Kirkov will have Marketing and Sales under control. I am referring to Elite's Supply Chain capabilities and their capacity to manage what may be smaller but more frequent shipments.

Does anyone know who Elite would be using as a wholesale partner?
Are all pharmacies required to buy wholesale or could Elite sell directly? Perhaps to the larger retail customers listed below?

List of top US Pharmacies (2021). Will Elite potentially be selling directly to these companies, or would they purchase from wholesalers?
https://www.drugchannels.net/2022/03/the-top-15-us-pharmacies-of-2021-market.html