Elite Pharmaceuticals Inc (ELTP): If Oxy ANDA gets rejected, if profitabil...

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Re: JamesF1 post# 382953

Thursday, 07/20/2023 9:06:52 AM

Thursday, July 20, 2023 9:06:52 AM

If Oxy ANDA gets rejected, if profitability is uglier than anticipated while R&D pipeline takes its own sweet time would be just a few simple reasons share price would drop. These are realistic, however, so is a potential Oxy filing acceptance for review, Dexcel movement, better IR & ER market penetration, optimizing sales & marketing team, positive BE studies and subsequent filings, etc. Let’s see how creative management can be besides their uncanny ability to keep Mikah around.

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