Elite Pharmaceuticals Inc (ELTP): I don’t think there will be any impact f...

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Elite Pharmaceuticals Inc (ELTP)

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Re: JamesF1 post# 388026

Tuesday, 09/19/2023 1:29:16 PM

Tuesday, September 19, 2023 1:29:16 PM

I don’t think there will be any impact from poison pill expiration. During Lincoln agreements a ceiling was created and then lowered with each renewal. Elite is profitable, but doesn’t have anything unique that would warrant a takeover. If they cornered the opioid market with SequestOx and had billions pouring in that’s a different story. The company is generic focused, which is different from when the poison pill was created.

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