What would be more ideal for Elite, merged with or be acquired by a company like Johnson & Johnson, AstraZeneca, Pfizer, Eli Lilly, etc.?The easiest way for all these big pharma to not have to pay the 25% tariff is to partner up or acquire a US drug manufacturing company like Elite. No major build out is required or waiting for the lengthy regulatory approval process...up and running within days and not years from a new build out to manufacture their existing multi-billion dollar block buster drugs. "J&J's site in Wilson, where it plans to invest more than $2 billion, is expected to create 5,000 jobs during the construction stage, and more than 500 positions across the state.
The site will produce treatments for cancer, immune and neurological diseases, the New-Jersey based company said."https://www.reuters.com/business/jj-plans-invest-more-than-55-billion-us-over-next-four-years-2025-03-21/
CEO Nasrat must know that the most ideal time for a merger / acquisition with all US based drug manufacturing company for sale is now.It is about to get real exciting for all of us Long Elite investors.All of us true LONG ELTP investors are holding on tight to our lottery tickets for early retirement / financial freedom within several months. Good luck to all fortunate enough to discover this gold mine.
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