Elite Pharmaceuticals Inc (ELTP): There is no market for SequestOx. Cost p...

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Elite Pharmaceuticals Inc (ELTP)

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Re: NASDAQ2020 post# 384227

Wednesday, 08/09/2023 2:04:32 PM

Wednesday, August 09, 2023 2:04:32 PM

There is no market for SequestOx. Cost profile won’t lead to profitability until providers start caring more than price. This is why normal generics will still rule the day. This is what Nasrat alludes to in last cc. Until market changes or anticipated on changing there is no need to keep throwing good money after a bad idea.

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