Elite Pharmaceuticals Inc (ELTP): How would he “quickly make Elite succeed...

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Elite Pharmaceuticals Inc (ELTP)

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Re: The ELTP King post# 384112

Tuesday, 08/08/2023 11:38:49 AM

Tuesday, August 08, 2023 11:38:49 AM

How would he “quickly make Elite succeed”, given the governmental/regulatory hurdles in pharma?

It takes months if not years to trial a potential ANDA, then several months to compile the data and file the ANDA, then 10+ months for approval IF no CRLs, then usually 2-3 more months to launch, and THEN you see the revenues start to build over the subsequent months and years.

These hurdles will always exist (unless laws/regulations change), regardless of who is CEO.

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Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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