Elite Pharmaceuticals Inc (ELTP)

[Hike]

Emails from Dianne below. Obviously she is being a bit careful as she should.

I don't have reason to doubt Gordon at all. My feeling is that Dianne is likely to be much more open during a phone call than via email/in writing.

Much of this info was largely known already however we got more detail thanks to Gordon. The biggest piece of "new" info, which I wanted clarification on are the statements regarding upcoming testing on humans of ELI-216 and the more or less confirmation that the ELI-216 patent is nearing final approval. I'd also like to find out what countries take a month off during Easter! I knew it was common to take August off in Europe but not April. So I sent her a followup email with a couple of specific questions. I'll post that next.

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I really hate these message boards.
Not exactly what I said.

The company said in the conference call that they were doing scale up.
I discussed the importance of scale up.
I also discussed removing risk and the steps before entering the Phase III which are all steps designed to remove as much risk as possible.

Showing that the company can produce commercial scale batches would be important to a potential partner.

I think it would be easier if I were to answer specific questions that you have rather than commenting on information posted by 3rd parties.