Replies to post #306213 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

The ugly truth is any ANDA Elite submits comes with baggage

1. The market already dominated & saturated, or will be if market develops,with bigger players

2. Elite doesnt have a sales/distribution organization, so costs naturally higher than competition

Recipe for disaster

[mrwrn2010]

How is a 1.8 BILLION dollar drug a puny generic??????????????? With only like 5-7 competitors too?????