SmallCapVoice Client: Southridge Technology Group Inc. (SOUT)
RxElite Holdings, Inc., a wholly owned subsidiary of Southridge Technologies Group Inc., develops, manufactures, and markets generic prescription drug products in specialty generic markets. Key markets include anesthesia, sterile liquid dose drugs, and transdermal patch products. RxElite Holdings, Inc. recently closed a $19.6 Million Financing. Recent Drug Approval/ High Barriers With Limited Competition: Sevoflurane, the Company’s primary product was approved in May 2007. RxElite has the exclusive US rights to this product, a $400 M market with only two competitors. High barriers to additional competition include manufacturing process patents, limited manufacturing capacity, and unique chemistry expertise requirements. Distribution Strength and…