Replies to post #144204 on Elite Pharmaceuticals Inc (ELTP)

[hyder]

Even if the cost of getting the 12 ANDAs approved is a little less than 10 million the time value added to the cost and to have an experienced executive at the helm is worth way more than the 10 million Elite paid to have Nasrat on board. That's a great deal for us anyway you look at it IMHO. We are a few short weeks away from filing the first NDA and I am excited about it. Good luck to all longs.

[NASDAQ2020]

Thee CEO said they have enough funds to get 3-4 ADTs launched.