Elite Pharmaceuticals Inc (ELTP): Here' the good news after a little m...

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Elite Pharmaceuticals Inc (ELTP)

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Monday, 04/15/2024 2:45:35 PM

Monday, April 15, 2024 2:45:35 PM

Here' the good news after a little more research since 210 M seemed pretty cheap for a major drug company.
The Evanstad family has privately held Upsher since 1919. On 4/28 17 they sold the Generic Pharmaceutical business for 1.05 Billion !! to Sawai Pharma who bought the balance this year.
Congratulations to the Chairman Ken Evenstad and his son and CEO Mark Evensted for banking a cool billion. I hope your family has used the wealth wisely.

A 1 billion market cap for elite sounds about right before the 3 needle movers kick in. That translates to around .70 a share for Elite holders.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/29/2023 08:43:45 PM

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