Elite Pharmaceuticals Inc (ELTP): Also, R&D is a potential synergy by the...

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Elite Pharmaceuticals Inc (ELTP)

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Re: The ELTP King post# 389321

Thursday, 10/19/2023 7:58:42 AM

Thursday, October 19, 2023 7:58:42 AM

Also, R&D is a potential synergy by the acquirer. If they leave Elite as is the company must continue to invest in R&D. It’s seen as an ongoing need. However, the acquirer could stop R&D, combine with theirs, but that simply means the R&D shifts buckets and you drop a few heads. Bottom line, it doesn’t get excluded. Through all acquisitions I have seen and been part of, R&D has never been ignored.

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