Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

I listened to call during flight home late last night. Probably Elite’s best call ever. They answered most of my questions, a couple I tried pushing the envelope for more insights, but were not answered or couple questions he liked, but didn’t answer to extent I was hoping. Very happy with call overall. Good potential with upcoming BE timing response and financial consultants brought on to take place of CFO. That was my biggest concern, which allowed the timely filing.
Awesome news on auth generic supplier as of 1/1/24. Nothing mentioned of Dexcel.

I don’t think oxy, even if approved, would be fully approved straight up. We are expecting REMS at bare minimum, so could be a tentative FDA approval if do X, Y & Z, which will take time layered on Purdue legal hurdles. If we are first to fully file, that would indeed be huge news.