Replies to post #251914 on Elite Pharmaceuticals Inc (ELTP)

[NASDAQ2020]

Most companies take about 10 years to develop a new drug
Nasrat doing it in 3+ years.

His experience in BP is our ace in the hole.
GL

[jour_trader]

Nasrat already stated there is no resubmission fee.

[Couch]

Gee you mean it takes several years for a new drug to come to market. WOW!!!! lol lol lol

[no2koolaid]

A little research would reveal that the FDA does not require a refiling fee and the reasons are obvious. And, as the initial fee of $2.3 Million was waived, the filing was made at no cost to Elite. As always, I am happy to provide the research when there is none.

As for waiting 6 months for approval post resubmission, I see no problem with that. Is there a problem we should be concerned with? No, I think not.