Replies to post #302932 on Elite Pharmaceuticals Inc (ELTP)

[dr_lowenstein]

why would they request that now given the high likelihood of a 30 month stay?

[tedk10]

Thank you for the quick reply, sorry for additional questions:) but there are only a few on the message board know what they are talking about and I am not one of them:)(sorry guys/gals).

as you see continued filings from Elite can you see the strategy that has been put in place or is it too early in the business cycle to determine what their end goal is.

I know I know their goal is too make money but based on filings what are they trying to capture in the product markets? are these markets showing shortages?

appreciate your feedback and keep posting:)

tedk10

[Jimmy Joe]

I do not think they have the storage capacity at the facility now, for large amounts of finished product goods that are CII. My guess is Glenmark will snag this product as well since they have a nice portfolio of Oxycodone products currently.

Visited the Elite site back in October of 2011. Winechemist I believe you to be right on the money. Elite would have had to expand or upgrade what they had. Not sure of what they have in the main building. I doubt they have much. Glenmark may be the key for all of their combo opioids.

Nice post.