Elite Pharmaceuticals Inc (ELTP)

[Pharma Sleuth]

That is why the deal with Epic was so attractive. They are picking up all the costs associated with the products. So it is straight revenue. Many of the products have one or two competitors. You can find out more about them because they were in the Actavis / Watson divestiture agreement. The first product only has one competitor and they expect it rather quickly.

Epic has tons of shares and they have to get the liquidity to get these products to market. They will make much more by meeting their obligations to Elite and getting Elite the revenue to cover all the R&D.

Anyone complaining should listened to the CC or doesn't understand that this eliminates a certain amount of dilution. Elite has to get the cash from somewhere and Epic picking up the product cost and giving Elite the best deal makes the most sense for shareholders....which Epic is the largest one...

Elite could sell shares to LPC for funds better used for trials on billion dollar products or Epic can sell 1-2% of their holdings now and then and give Elite straight profit. It is kind of a no brainer. Folks at Epic are going to be stupid rich but you still have to pay the bills first.