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Replies to post #149557 on Elite Pharmaceuticals Inc (ELTP)
NASDAQ2020
03/31/15 9:03 PM
#149560 RE: Couch #149557
Couch
03/31/15 9:35 PM
#149566 RE: Couch #149557
We purchased and are preparing to install a commercial scale fluid bed process with a capacity of approximately 1,000 kilos a batch, versus our current maximum of 200 kilos per batch. With this capacity we should be able to achieve our target for ELI-200 and possibly the second product as well, depending on the market penetration.
We have developed and are pursuing different sales and marketing models and that’s one of the reasons I am on the West Coast.
When Pfizer is leading the field ahead of us, in their oxy with naltrexone, then that is great news for us because they are paving the way for us to get in, number one. Number two, when a company like Pfizer embraces the technology that little Elite has, that I tell you, that we have is a gold pot. So this is how I look at it, it's very positive. This is a wonderful that little Elite has the same thing that Pfizer has and maybe a little better. And second, Pfizer is paving the way for us. Another giant is going to jump in and want to partner with us down the road in order to compete with Pfizer.
sharkey1
03/31/15 11:22 PM
#149584 RE: Couch #149557