Replies to post #45044 on Elite Pharmaceuticals Inc (ELTP)

[Dr_Thorfin]

At this point I think Elite has enough firepower to get to CFP without it.

and thats what seperates ELITE from other penny stocks,they all have there hope in one product that 99% of the time never hits the market.
ELITE had 5 launches in the last year and 3 to come in the next weeks. ad to that novel sale,BE study,licencing patent,debt free,ELI ph3,patents granted,CFP and so on,and we have a company worth of trading on the big boards

[dr_lowenstein]

As these products were removed due to the fact that they were not approved by the FDA, they will require demonstration of safety and efficacy. There is no indication that such trials are underway, thus long time.