Replies to post #226151 on Elite Pharmaceuticals Inc (ELTP)

[Don'tDrinkTheKoolAid]

Don't bet on it!
For now, Chinese regulators ask for additional testing of drugs approved by the U.S. FDA. Approval to start trials can take more than a year. By comparison, the U.S. regulator says clinical trials can start 30 days after an application has been submitted.

Only 21% of drugs launched globally between 2008 and 2012 were available in China as of 2013, compared with 68% in the U.S., according to market researcher IMS Health.

21% chance it will make it to China!