Amarin Corp Plc (AMRN)

[Ray]

Did anyone see the Pfizer "Corporate Developments" update from today's (July 28th, 2015) release. PFE purchased a minority stake of a Dutch company with a focus on inflammatory diseases? PFE has other projects in development targeting this area.

In April 2015, Pfizer acquired a minority equity interest in AM-Pharma B.V., a privately held Dutch biopharmaceutical company focused on the development of recombinant human Alkaline Phosphatase for inflammatory diseases, and secured an exclusive option to acquire the remaining equity in the company. Under the terms of the agreement, Pfizer paid $87.5 million for both the exclusive option and the minority equity interest and Pfizer may make additional payments of up to $512.5 million upon exercise of the option and potential launch of any product that may result from this investment.