Replies to post #340911 on Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Substance Abuse Treatment Market Projected to Gain Significant Value by 2024
August 7, 2020

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Key events in the market include submission of provisional patent application to the USPTO for proprietary pure cannabidiol compositions by Normaco in October 2018, approval of SUBLOCADE, by the FDA, launched in the U.S. in March 2018, and U.S. FDA approval for the ANDA for methadone hydrochloride (5 mg and 10 mg) tablets for Glenmark Pharmaceuticals and its strategic partner Elite Pharmaceuticals, Inc in August 2018.

Sorry, Rizzo, this belongs on the Nostrum page. Nasrat sold Elite's methadone ANDA to his buddies at Nostrum Pharma for pennies on the dollar. How does it make it you feel that he dumped this drug that is used TREAT opioid abuse and has been manufactured by Elite since 2010 without any negative legal ramifications?

Bonus points if anyone can explain why he committed this destructive act against Elite.