Replies to post #388030 on Elite Pharmaceuticals Inc (ELTP)

[JamesF1]

Point taken. It is a much different company than when the poison pill was created. That said, there could be demand for a USA based generic drug manufacturer. We will see.

[NASDAQ2020]

Sorry, SequestOx ELI-200 was only going into a puny $400 million dollar IMS market. That got us to $0.97.
Elite has much bigger drugs ie. needle movers
Imagine what an actual approval of a needle mover will due
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[mrwrn2010]

Don’t think Epic Pharma had anything but generics either. The acquirer, as I understand it, wanted a generic entry into the US market.