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raist@ Please control your obsession with JT - this almost seem personal - have you been fired from the company or what ?
So what how JT talks and presents.
Someone on this board seem not to remember the number of awards he did win for great leadership - so a lot of REAL business people actually appreciate his style - not being 'fancy and ever exaggerated'.
What do you actually know about being CEO - being able to 'run the company' from posting on a board ?
Jasbg
eight@ Deep respect for your commitment and energy defending Amarin against Generic Thieves !
Hope JT and Amarin can use your work - to help get company back on track, would surely be great :)
All the best - and thanks !
Jasbg
marjac@ Love Lord of the Rings - on of the best stories ever written by man :
I love this Theme for Word Press:
https://mhthemes.com/themes/mh-magazine/
Actually the theme I use for my 'slightly' political site :)
http://talksense.dk/
As you can see $49 for this great theme. And most Plugins for Word Press also free or cost a few dollars - so the cost of running a 'special Web site - supporting Amarin would be probably less 'A Year' - than paying a lawyer for one hour.
Jasbg
Montana@ Your right ! I don't say that judge DU did a great job - 'she did a horrible - very biased - job'.
But I see Law people point out' - that Covington missed important elements that opened the door for DU to 'destroy the patents' !
And in appeal Singer unprepared for the Novo questions. But then most law people at the same time say - nothing would have changed ruling of the 3 CAFC judges. Their mind was made up before entering the courtroom.
louie@ I think that is the most constructive proposal after lost patent cases.
Amarin needs to realize - they need help. And there is all the best expertise in the world on Vascepa and Amarin story - right here on iHub - as you point out.
I'v seen some of the same thoughts here after appeal loss - from other posters.
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Maybe setting up a web-site - where the true story of of the greatly unfair loss in patent case - is described by the law experts.
The complete (long) story of Amarin - and all the obstacles underway. A job for JL - Louie and a number of others oldtimers here.
The wonders of Vascepa presented in the very pro visual way of HK - and others.
Everything presented in a organized pro - easy to read and understand way (search option for everything).
Putting everything on a web-site in a organized structure - would make the data available to 'everybody' - Amarin staff, the Markets, and all the rest of us.
I suspect that Amarin would be willing to sponsor a Webhotel and a Theme and what ells is needed for such a site. Word Press is free' - so the cost would not be much to run such a site.
Jasbg
raist@ I dont know the reason for that - dont know if anyone here do.
What I don't like is blaming JT and BOD for everything bad that has happened.
JT did everything possibly to win the patent case - you tell me what more he could have done ?
And what I hear pro Law people here say - in the after valuation of the patent cases is - that not even judge DU (meaning 9th circuit) is to blame.
It was first Covington missing the cropped data (if you want success in court - win in the first round).
Singers ods much harder in appeal - but still 'also he 'drops the ball' - how much 'bad luck' can one company have ?
Just have to hope 'the Gods will soon be on our side' - bringing this important drug to the needing CDV populations of this world.
Jasbg
cbb@ Hope your not right about Stupid.
And I do feel that (not you) but many after the horrendous Patent law cases - tend to forget the magnificent story that Amarin and Vascepa were after the Adcom and FDA expanded approval dec 2019.
Tha good story hasn't changed because some 'sick Law process' went completely of the rails.
And neither JT of Amarin is to blame for the loss of the law cases. They did whatever possible to win hiring the best 'law people' in the country.
We just have to hope that something good will happen - and hopefully soon.
And if it's a BO - so be it. Important thing is for Amarin to 'start acting' for real - to get the markets to believe in the company again - as 'before all this Legal nonsense began'.
cbb@ I think you to some extend sometimes overlook what a BO actually would mean. AMRN stock DEAD from that day - Period.
So you could buy in to Pfizer or Gilead - where AMRN part would be like maybe 1- 1½ % of value. Ok today you get 12 - 20 dollars at best - that's it end of story.
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Where as a Joynt Venture with one of The Really Big Guys in the class - AMRN would still 'be alive' and maybe grow far beyond the fast buck of the Buy Out today' - where we stand after patent losses.
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In fact this difference of possible 'future of Amarin BO or JV' - might be exactly where 'the dog is buried' - in either of these scenarios not having played out so far.
Most likely BP wants 'the whole cake' as in full BO. They don't want to see Amarin grow stronger - like 'Real Strong' - over the next 4- 6 years (SP 100 - 200) which is absolutely possible (with the right close BP partner/JV)
JT - that many Id**ts here - see as the reason for everything bad - of course knows exactly what Vascepa is worth - and don't want to just 'hand his life's project over' for BP to gain wildly afterwards.
This is why - the situation regarding possible BO - in real life maybe locked - where as a close Partner - with some kind of 'pre arranged BO deal' in 2- 3 years (where the expansion of Amarin is a factor in final BO price deal) - could be a way to get moving :)
Jasbg
PS. Just thoughts around the situation for Amarin - and us 'poor' shareholders - before bedtime where i live.
Free ZACKS AMRN Report from today 9/9 2020 for US citizens:
https://www.zacks.com/registration/pfp/?ALERT=YAHOO_ZER&d_alert=ZER_CONF&t=AMRN&ADID=YAHOO_CONTENT_ZER_ARTCAT_ANALYST_BLOG_256&cid=CS-YAHOO-FT-analyst_blog|company_news_-_medical_sector-1053426
Sometimes hard to understand how the market reacts.
AMRN, and Vascepa bin in the market with a product since 2012. Now have an important extended approval (R-I) that expands the potential market to hundred of millions WW.
Amarin sales exceeding 1 billion dollars (july 2019 - july 2020)
Europe - China coming up.
SP this moment $ 4.20. (max ever. $ 26.12)
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Comparison: (the stock Baker Brothers bought when reducing AMRN by 7 mill shares - some time back)
https://finance.yahoo.com/quote/IFRX?p=IFRX&.tsrc=fin-srch
IFRX = Status Level 2b trials - no product on the market.
SP this moment $ 3.90 (recently above $ 8.00) - (max. SP ever $ 50.50)
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Makes you wonder how these two stocks can be valued about the same - even the setback of patent loss in US market for Marine.
Jasbg
The names you call honorable business people - On Ignore !
raf@ I think it might be this you have seen - and remember:
https://www.hikma.com/media/2836/vascepa-statement-september-2020-vfinal.pdf
Montana@ JT hired the best lawver companies in USA - what would you have done better ?
How was they at Amarin to know - they would both loose what everybody says was a 90% winner case.
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Agree fully on the latest Form 4. bonus (after loss in marts) that surely should have been canceled - till after SP at a reasonable level again (+ $20).
Jasbg
Being a layperson in Bio world generally - I'v noticed that many post 'on other boards' - talking about 'not trusting generic drug products'.
The general experience is - that Generic does Not Work exactly as the Brand Version. And I have surely in my family experienced the same with ordinary painkiller product 'Pamol' - where Med System also in Denmark - replaces them with generic' unless you UNDERLINE for your doctor that you want the Brand version of Pamol.
Given the fact that big part of population in fact have some sort of experience with 'generic drugs 'does not work exactly' as the Brand - there is yet another Weapon hidden here - to go after genetics in marketing'
It might have to be 'not in text directly' - but clever marketings people - will know haw to 'Get the message Through' without breaking any rules.
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Under here an example borrowed from Yahoo:
Thanks to amanda:
BB - Downt@ Amarin people are surely buried in mails after appeal loss - ½ of them 'demanding JT and BOD resigning'. You would't expect them to 'sit through the night to answer all these 'many very accusatory' mails.
Surely JT and Amarin staff is hit even harder than the rest of us (also on share value loss) - having been fighting this damn patent case - against generics - ever since december approval 2019.
I would suspect many at the company being exhausted mentally - hiring the "best lawyer teams" - and still losing to 'bloodhound generics'.
slim@ This I agree in. 'Give the market something' - would be good strategy.
And communicated in the right way - there is only upside :)
"We'r are looking into possible partners/buyers for both US and Europe".
(Meaning if BP calls us with the right offer - then we will surely consider it seriously) - Who can attach that - whatever happens :)
vtem@ The REALLY big question - that has NEWER been answered from JT and Amarin: Are they (have they ever been) Looking for BO/Close partner ship with one of the BP companies.
Most people on this board would like to see that happen, and assuming they are considering BO/Partner - books are (if not everything) - then surely very important.
And books from week to week in the 'short lane' will be better looking - keeping up full marketing power (inkl the full 800 salesforce) in US.
So also from a strategy of negotiating BO/Partner US sales strategy is the right policy this moment.
Jasbg
sts@ It still can very well happen. We all have to remember - that apart from 'this patent litigation' - everything were running smoothly - and in fact still are.
As a lot of other people here - my immediately reaction to appeal loss, was 'stop all marketing in US - and go generic NOW - as JT did actually say would be a possible solution (not paying for creating the markets for generics.)
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Obviously this idea has 'at least for now' been taken of the table. And you would have to see 'the numbers' in rising sales - to have an understanding of why that in the end is maybe the right thing to do.
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Surely the fight trying to hold back/delay generic is not over. Attempts will likely be made 'to reopen' this unjust decision - against Amarin.
The battle for US market continues - despite the setback of the lost patent cases :)
Jasbg
Tal10@ That actually 'Rocks' - and indicate 'for now nothing is changed' in US marketing !
I agree with dukesking - best (optimistic - positive) commercial yet :)
Jasbg
slimhere@ There is clearly an element of 'hindsight wisdom' that even the brightest of minds on this board is tempted to sing along with.
dmiller was newer right on anything - he just polishes his own glory as always'.
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John Thero hires two of the best - most velrespectet Lawyer companies in the USA - how the he** could he know - that 'THEY BOTH' would 'drop the ball' and loose the cases.
If Thero and Amarin had won - and SP was $40 - 60 - everybody would consider him 'a brilliant business God' - but now - no fault of his - everybody calls him names.
Please Guys - how many here made a company of 15 persons - into 450 million dollar company - ever raising in sales ?
https://medium.com/thrive-global/you-can-accomplish-a-lot-if-youre-innovative-and-doing-something-meaningful-with-john-thero-e164641643b2
Jasbg
cbb@ There has to be 'Action regarding BP' involvement NOW - meaning RIGHT NOW - completely Agree.
(I't did sound somewhat 'not clear' my earlier post - reading it again.)
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Hopefully Amarin is in 'high alert - planing and negotiating internally and with BP's how to attack the future 'head on' - bringing Vascepa to the World :)
cbb@ In basic agree with you fully - BP has to come in play - for things to 'Get up to speed' Meaning marketing' on all fronts - including Information that 'traditional 'Fish Oils' - can actually 'kill you'.
I see maybe a 'takeover period' in a number of years - (Close Partnership in beginning - with already given parameters put in place for complete takeover in 2- 4 years).
My guess is that shareholders would be just as well of - possibly better - in a number of years - than with a 'clean sell' today - where Amarin after appeal loss - is not exactly at 'its best moment'.
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But to your line of thinking - I'm All In'. BP has to be involved' to get Wheels (sales) Rolling WW.
Jasbg
Ok - Thanks a lot Marjac.
As I read your post's - I see you also turning against 'accepting that for now' it would be wasting time - to try to Undo - the appeal outcome - even everyone knows it was anything but justice.
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This would be my layman point also. For Gods sake 'lets move on' - and appreciate the facts - that We'r done Waiting - and Uncertainty is over.
Now it all about convincing Amarin bosses - that 'This Is the Time' to start 'Pleasing the Market' - with some real meat solutions' taking on the future 'full steam ahead' :)
Jasbg
Lemm@ Good line of posts - and I like your Apotex plan for generic.
Amarin runs the R-I Brand - and Apotex 'kills' the 'other generics' in corp with Amarin.
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As i said in other post - what market hate the most is - Uncertainty and Waiting. And up until now Amarin have forever been - nothing else but that - which have totally 'taken the air out of SP'.
For the first time 'Waiting is over - Uncertainty has gone. This is completely new territory for Amarin. Even though an appeal win had been prefered - it might actually have kept the Uncertainty factor more alive - than where we are now - having to wait for Generic appeal etc.
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What needs to happen now is Amarin 'moving into market psychology 'For Real'. Give the market 'some real meat' and SP vil flourish.
A Close Partner Deal with one of the major BP company's in 'getting Vascepa rolled out into the World in record speed - would get the Wheels Rolling for shareholders also :)
Jasbg
Nb. as far as your 'missing boatload' - I know excactly how you feel :)
(I was adding to former post but time ran out):
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What has held the SP of Amarin back - is 'ever endless WAITING' and the unsecurity surrounding patens trials. How bad it was to loose patents (for 8 years in USA) - Uncertainty - and Waiting - is now gone.
Time for real Action - a completely new fenomena for AMRN holders - and market.
And many points out that there is a number of ways (Supreme court - nothing to loose - but would hold generic back - to a big extent til after 2022) - so in real life what Amarin this moment have lost via appeal is realistic 4- 5 years of protection US market.
Not the end of the world :)
Jasbg
mrmains@ SP takeover price is maybe what you suggest I would say $15- 25.
BO is the 'one time gain' - and then likely some positive influence of SP of takeover BP Stock.
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What might be even more valuable for shareholders is - a Close Partner Deal - with one of the BP Giants of this World:
This would be a very interesting situation for shareholders (inkl. Amarin staf) to see what that would do for the SP of AMRN.
It the right BP company before market opening: - "We are proud to announce a close partner deal with Amarin".
"Amarin together with BP company XXX is ready to conquer the World as the supplier of the most important drug in decades for helping millions of CDV patients to a better life' - etc. etc".
The SP could go through the roof :)
A sensible 'lets calm down' input borrowed from Yahoo:
Thanks to george.
cbb@ As usual great and exiting thinking - Thanks !
Let's hope 'the Game of BO is On' in the halls of Amarin - and a number of serious BP's :)
The value of Amarin - would/will - go through the roof' if the right BP takes over marketing and foundation of this fantastic Drug - that can/will save the life of millions of CDV patients around the world.
Jasbg
OT@ Its weekend - and a painful one for most of us (appeal loss).
I'v still got the blues about this' (my biggest ever) investment - turning the back on me. Will it Come Back ?
tucaman@ I feel 'you know what your talking about' - know Bio Business - so I'm all for your suggestions of partners/BO clients.
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Talking Teva - is just looking from outside - finding an expert in generic sales would seem a good idea - if Amarin going generic in USA.
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You people that actually know Bio Business - I'll support your serious suggestions every time.
What is important right now is' - that Amarin Acts. Send out messages that tells the market: " We are still here' - fighting like hell' - for our product' and value for shareholders.
Jasbg
postes@ Thanks. I have a feeling 'that this time' - JT and BOD have also had enough of US justice systems.
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On the positive - this is not 2012. Position of Amarin today is 'much stronger' - with a growing market in USA and Canada - and Europe and China just around the corner.
Problem is the 'death of the SP' - in the panic following US courts killing the protective patents of Vascepa.
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Amarin needs to learn how the game in Bio is played - and stop being 'the nice boy in the class' - that is so afraid to tell a lie that he hardly speaks'.
What we have seen during Covid period of 'fake and more fake announcements of vaccines and everything else 'Covid related' stuff - where SP's have just exploded 3- 400% overnight (people making million on very often - absolute Fake (crap) Information - should tell JT and his staff - you have to 'Play the Game' - sometimes 'All In' to win in Bio.
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The truth is that I have no idea if Amarin will keep on - sending out messages 3- 4 times a year - watching their Wunder Drug - being stolen from them of Generics - dying slowly - not fighting back !
Or they will actually Wake Up - and Fight for Wath is rightfully Theirs - and the people who supported and trusted in them all the way.
I sure hope for the Latter.
Jasbg
PS. Time is a major factor here. For every month that passes - there will be more genetics trying to 'move in' - the Time to Act is NOW !
postes - rose@ Your both right about BO.
Of cause there is always an element of 'not to make big decision in panic'.
Everyone here knows that Vascepa - has HUGE' - not even HUGE but actually ENORMOUS potential. As It's own Brand' - in combination with all the research trials that Vascepa is participating in.
This Drug is worth an awful lot of money - even 'going generic in USA' - as a result of patent loses.
Amarin has to go for BO - no way about it - but at the same time 'no panic' - know what you have to sell'. Better use a couple of more weeks - to get as close to 'real value' of this eminent drug as possible.
After taking the mad appeal ruling IN' - I'd say not below $30 - 35. Will still be a steal - in the long run - for any BP buyer :)
Jasbg
Dancing@ It was JT that first introduced the idea - that if Hikma - Reddy would win - Amarin would consider 'going Generic in USA.
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Now is the time 'to actually 'Do It' - and kill these thieving bas****s with their own weapons !
Joining with Teva (Apotex) - makes total sense. Amarin has the Product (the real longtime tested Brand product). Sales could start of in a week.
Teva has the power in marketing/experience - knows how to sell in this market.
A perfect match !
Jasbg
PS. A number of people talking OTC - Teva specialises in that also.
cbb@ We live by your 'glimmers' right now - the SP cant stay at this for long - or the company will be in real trouble - despite the cash at hand.
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There has to be 'changes coming' one way or the other. My suggestion would be a BO (or close partnership) - with JT remaining on as CEO for a number of years - to smooth the takeover.
A message before opening monday (or monday after) would be good :)
Jasbg
marjac@ I have personally been in a range of businesses for +40 years - and have always lived by the rule - move on as fast as possible after 'a battle lost' - accept it and 'move on' - or you risk ending up as a bitter old man 'that hates the whole world - much like 'you know who' in this forum.
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This post mainly to acknowledge those of you who have both the energy and the skills - to take up the Legal battle - after these horrendous unjust law-cases against Amarin. You have my full support, and respect for your effort - and always will have.
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I have a question (probably been answered a number of times - I just did not see it).
How is the judges of CAFC selected for a specific case.
Who does it ? Is it 100% random - done by machine/computer ?
Amarin faith decided - by 3 democratic appointed judges - is that 100% by chance ?
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All 12 judges can not know every complicated case - how long time do the 'appointed judges' have to research a case. How long in advance do they know - the cases they are selected for ?
Jasbg
How to 'get wheels rolling' for Amarin ?
As I see it 'the Legal battle of USA market is lost'. Spending months - possible years - fighting in US courts (and at the same time ever WAITING) - is not the way to go.
Action is needed. Courage and determination is needed from JT and BOD.
The answer to 'losing patents in USA' is actually right in front of Amarin. I'v seen a couple of others mention it here also. There has already been contact to the worlds third biggest generic company - Teva.
It would be totally logic to 'go generic NOW - in full cooperation with Teva in US market. New strategy for marketing (Teva has the power) - sales force not needed anymore.
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Teva is strong in Europe also - seems logic to research every option regarding partnership (possible BO) with Teva - as a first for US market.
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About Teva:
Will@ Sorry for late answer - for the first time i ran out of posts :)
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I do see your points here. Amarin would be stronger if they owed everything in the production process.
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Why don't they ?
Many here knows the history of the extreme uphill adversity this company have had to endure before the 'one good day' (2 actually - counting Adcom) with FDA approval dec. 2019.
And that the catastrofes seemingly newer stops for Amarin - we have experienced ever since marts 2020 - through now - where company has been 'in essence killed' in the US market.
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I'm sure Amarin would have loved to have the strength to 'own the complete production facilities' - but being haunted as they surely 'have been' - it has all the way been about survival - and it still is today.
Jasbg
cbb@ Glad to see and hear you haven't lost spirit.
And I think majority on the board is behind you now - realizing BO (close BP partnership) is the only way forward :)
Jasbg
dmil@ Everyone have to adapt to reality - if you or I got cancer tomorrow - life would be different.
As far as future for Amarin looks right now 'value of company' down below 2 billion - they simply have to react to reality - and I'm sure they will :)