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Tuesday, November 21, 2023 7:34:01 AM
Looking at the H1B Labor Condition Applications filed by Novitium on September 30th, it looks like they are meaningfully getting ready to expanding head count. Esjay Pharma is also expanding.
H1B
It is worth noting that Samy is selling the shares on behalf of Esjay Pharma LLC, which provides research and development and facilities consulting services to Novitium. We know they are conducting at least one Phase 3 Clinical trial on behalf of Novitium. Samy has a majority stake in the company. Esjay could very well be using the money to fund trials related to the patent portfolio Novitium and Nuray Chemicals have obtained.
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