Replies to post #239258 on Elite Pharmaceuticals Inc (ELTP)

[mrwrn2010]

Exactly one of my thoughts as well. Either that or this may just be when the last study's results were finalized after the holiday break. We certainly will see.

[The ELTP King]

They have been working on this before the CRL.

Just happened to come out at this time.

Read the PR.

Also, the 2nd study was initiated in November, which means right about now(today) we get the PR.

A fasted study was previously conducted in September 2016, also with positive results.

Topline results from a pivotal bioequivalence fed study initiated in November 2016.

Makes me wonder if this is good news released early to soften upcoming challenging news. Common IR strategy, but hopefully is just timing on still waiting to hear back from FDA.