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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 :)
cbb@ Just out of god order - I have to go back at 'a bit for fun' - talking $20 - 25 being a bad deal after EVP data - before appeal disaster.
I would take that gladly today.
Jasbg
PS. Living is not easy. How things can completely change in a few days - and there have not even been a 9/11 or an earthquake :)
dmil@ As you said SP500 below 2000 (never came even close) - there 'Will Be' a BO or partnership with BP - soon. No other choice now.
Downtown@ Several brought up the subject here - of these 'direct mails' and other contacts to Judge Du - 'gave her just the ekstra sympathy needed from 'other judges' - on top of the personal tragedies this lady had experienced with husband and stepson.
As you point out - neither will I blame anyone for reacting to the chock of loosing patent case in Nevada.
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If you haven't already you should see John Kings input earlier. When we are all done 'with screaming our pain out - this killing everyone's dreams' - then i think JK is on to the truth of the matter.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158100399
What future will bring 'who knows' personally I'm hanging in until further - something has to happen if Amarin wants to go anywhere - and it would be nice 'it happen soon'.
At least I'm glad for the quick decision - the worst is the ever WAITING. Now there is no excuse for Amarin to stall anymore. Courage and determination is needed JT.
Jasbg
Downtown@ Several brought up the subject here - of these 'direct mails' and other contacts to Judge Du - 'gave her just the ekstra sympathy needed from 'other judges' - on top of the personal tragedies this lady had experienced with husband and stepson.
As you point out - neither will I blame anyone for reacting to the chock of loosing patent case in Nevada.
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If you haven't already you should see John Kings input earlier. When we ar all done 'with screaming our pain out - this killing everyone's dreams' - then i think JK is on to the truth of the matter.
What future will bring 'who knows' personally I'm hanging in until further - something has to happen if Amarin wants to go anywhere - and it would be nice 'it happen soon'. At least I'm glad for the quick decision - the worst is the ever WAITING. Now there is no excuse for Amarin to stall anymore. Courage and determination is needed JT.
Jasbg
Schaw@ You got my vote for "strangeling" HC and RD wherever possible :)
Sncg@ I'm big fan of your American President. Last man standing against 'in sane UN Co2 policy' - defending the free world from things like China - Anakistic liberal MLM violence - and LBGT taking over.
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He would newer involve himself in a case like this - would be political suicide. And next 'Think he's got enough on his plate right now - 7 weeks from election - where he is trailing in most states :)
My personal site supporting Trump:
http://talksense.dk/
Jasbg
eight@ He would easy negotiate - a say 5 year period of him leading the company after BO.
If fact that is normal praksis in most takeovers - with often a clause that after say 3 years the CEO in question would be free to seek new grounds (excluded direct competitors).
Jasbg
johnking@ Great input - thanks.
Even a layman 'non law brain' understand what your saying - and that says something' about your skill in in explaining the complicated route of 'Amarin being "killed" legally in USA.
An all together very sad story - no matter how you look at it.
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Important that you point to 'not the Legal system - being at fault here' - rather 'it were the defense in original case - that 'blow it completely'.
You have to be clear sited and into US Law to see through it all - and you to a big extend actually 'defending' that there after all is 'some sense' to US Legal Systems - should in the end comfort everyone believing in the 'value of democracy' in your big country.
Jasbg
Freif@ It is sad as hell - to see something like this go down the drain.
On the positive site - we cant go much lower than this - so maybe (hopefully) something good will happen.
And it better be soon' - before all the old lyal Longs have 'bailed ship'.
WL@ That not an answer - it's just 'again' being 'negative' about Amarin.
It might just as well be the Statin producer doing the R&D - in cooperation with Amarin !
Will Lar@ We need positive people right now. You have been accused of trying to talk this company down' before - I see Why
Frifaller@ Great initiative - we need ideas and first and foremost 'action' right now.
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I do see on week point in the idea though - regarding H and R in the US.
Protecting Patents are removed/deleted - market open to all generics.
I really do HATE Hikma and Reddy - and this would for the most part only help them - it is Amarin that holds all the cards of production right now.
Jasbg
tuca@ Only excuse for Amarin and JT - is that are 'just as much in chock' as the rest of us.
And as '1000% wrong as these ruling's are' from a fatural & merit point of view, we have to give the company a little time 'to take it in' and realize the battle against 'incompetent democratic brotherhood of US legal system' is lost.
But in time of the next couple of weeks information rather before Blanc form Amarin:
"If we lose again - this and this will happen (the things you mentioned point for point) stop all marketing USA go Generic as fast and low as possible (loose most of the salesforce - stop DTC etc)".
And finally what would really help the SP - Company and Shareholders:
"We are negotiating with a number of BP - in search of a partner - possible BO - soon as possible - to avoid further delay in introduction of Vascepa to the masses in Europe and China and rest of World".
Jasbg
raf@ Great post - and I second you message to Amarin !
Sold does not mean 'management gone'. It simply means part of a bigger organisation - and given the devastating legal blows to the company - this is the time to gain new power.
Jasbg
Pharma@ Very interesting and informative 'thoughts'.
And from what you say (and your examples) might actually be physically possible.
Questions down to 950 - would it be a good Idea' - Imagewise - Moneywise - Logistically - etc etc.
But exiting that it could be an option to consider for Amarin - for a start :)
Jasbg
NB. Subject debated with Louie - earlier today.
Bill_B@ Happens often - good idea's spoiled by FACTS :)
Thanks for clearing up about 'price' - seems a 'nogo' from your informations.
Jasbg
louie@ Sounds good to me (the part about strangeling the generics).
And if the price were reasonable - much easier for all you US citizens - not having to fight insurance companies (same price for everybody).
Of course there will be a thousand questions having to be answered - but I 'just from the hip' - think it could work.
And the mere thought of 'not having to deal with US Legal Systems - makes it worth investigating :)
Jasbg
Louie@ Just to understand you. Would you drop Vascepa as 'prescription drug' all together - or do both ?
Do you know if 'doing both' is actually aloud' - would not be colliding with some FDA rules whatever ?
Jasbg
NB. And I agree completely about 'the one good thing about the whole mess - is the fast decision' (no waiting forever).
Louib@ This afternoon i was just about to post the idea/thoughts herunder - when suddenly the decision from judges was released - so I waited:
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If I understand what you are saying here ' - it's along the same line of thoughts - going 'over the counter' with Vascepa:
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My post from this afternoon:
Being hard invested in AMRN – brings shareholders to the edge of nervous breakdowns with the never ending litigation fights.
Yesterday a grim example – once again threatening the very existence of Amarin with the SP now – close to were is was before FDA approval de. 2019.
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Compared to many on AMRN ihub – I know very little of Bio Business general – and actually just today found out that Amarin in 2018 announced collaboration with Japanese company Mochida – in future development of EPA based drug products.
https://investor.amarincorp.com/news-releases/news-release-details/amarin-and-mochida-announce-collaboration-future-development-epa
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These nerve raging events (like yesterday) today started a line of thinking – that is most likely ‘completely in the rails’ – but given the background – of Amarin possibly being forced ‘at accept generic stealing their only drug – Vascepa’ – by US Court Rulings - would there be any way to ‘fight back at this’ – besides going generic – the company itself ?
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Next line of thoughts: I would personally go and buy Vascepa today if I could – for both myself and my wife (I live in Denmark, Scandinavia). It would naturally have to be reasonable affordable – say like eg. $10- 15 a month pr. person would be fine with me.
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You might have guessed where I’m going with this.
Truth is that hundred of millions of people (if not billions) take some form of supplemental ‘Fish Oil’ - products bought over the counter – in supermarkets and local stores + these days very much in online stores.
Everyone that has spend time leaning about Vascepa knows – that traditional Fish Oils – not only ‘don’t help you avoid CDV health issues – it actually increase you risk of CDV sickness.
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What if you could buy Vascepa - online on Amazon and Health Stores (without prescription) – all over the world. With following ‘truthful’ information campaigns about the dangers of traditional ‘Fish Oil’ products – the market would be endless.
You could think a little further – a think ‘Vascepa light’ – only ½ the amount of purified EPA in kapsel.
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So question to all the med related people here (as I said I’m ignorant layman on the subject). Would it be possible to have both the 'prescription drug Vascepa' - and 'Vascepa over the counter' on the markets. Is there any examples of drug that 'do both' - so to speak ?
Jasbg
BB - shadow@ You have both followed Amarin for many years.
Do you see a potential BO as impossible with JT as CEO ?
Why ?
jfm@ I think i understand your input - You Hate the world today).
'Me Too' - (not LBGT related) :)
The message from Amarin today did not do the SP any good.
It was above $5 for the first 30- 45 minutes - soon as Amarin message (with absolutely nothing surprising) and SP has been dropping ever since - to a point where it is becoming depressing.
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Would have been smart 'to hint possible 'things happening' regarding BO' - just to give the market a reason 'to hang in there'.
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The 3 judges did 'One Things good for us' - the quick decision (not having to wait for months' and months'.
And what do Amarin do 'minutes after' - tells everybody 'it is back to waiting' for new Legal matters (haven't been very helpful lately) - and waiting for 2021 for Europe - China etc.
Waiting - Waiting - and the SP reacted 'with depression' no surprise really.
Jasbg
Something weird about this Hikma +300 rise Cadio mentioned.
You cant find it anywhere on Google Yahoo Bloomberg (seems to be halted) only place visible is here on iHub I could find
(normal Hikma stock not opened today: https://finance.yahoo.com/quote/HIK.L?p=HIK.L&.tsrc=fin-srch )
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Here the iHub Hikma stock (not shown anywhere else):
https://ih.advfn.com/stock-market/USOTC/hikma-pharmaceuticals-pk-HKMPF/stock-price
And the price here does not move at all ?
Cardio@ Link please - I don't see that anywhere ?
Found It - and that really hurts - that these thieves is rewarded - not only from 'bad ruling' - but also this much in the market. Hikma people must be laughing their a**es off - and drinking champagne for weeks' - over this CAFC ruling.
Did the 3 judges (wifes) maybe buy a few shares - 'yesterday' ?
https://ih.advfn.com/stock-market/USOTC/hikma-pharmaceuticals-pk-HKMPF/stock-price
This is just so sick - Amarin getting hammered - and these cynical companies rewarded - makes you throw up to think of corrupt US legal systems.
Dancing@ Market is confused.
But in the end 'when we had to lose' - the one good thing is not having to wait until spring 2021 - and 'then maybe lose'.
At least now everyone knows where things stand (no waiting - as there has been 'for ever' with this haunted company).
It's on to the future - and could very well be a BO in the matter of days :)
dmil@ You newer felt better - super active putting salt in wounds !
Louie@ You know more than how to feed your cats. Very impressive input - of which i understand about half - aimed at law people I understand :)
I would have liked to see you give Ammarin a bit higher odds in winning - but 'at least there is grounds for hope' as I read your summary.
Jasbg
corb@ You registered just to blame everything on CEO of Amarin.
How about having a look at US Legal Systems. There is between 5000 and 6000 of these patent cases filed every year in USA.
It's a 'non productive' industri that eg. very much favours generic drug companies - with their big bloodhound specialized ANDA Lawyer Teams.
Freifaller@ Very strong and comforting input.
I did not listen to anything of Oral - but yours is by far the most informative I have read - so thank you for that.
As I read you - no disaster - 'normal Appeal process'- we will have to wait for decision :)
Jasbg
BB@ Behind you 100% here. May you be right' - saving the trust in US legal systems - in the end :)
Jasbg
jerryw@ It would be 'just a gift from heaven' if your right.
And given the mountains of evidence 'proving Nevada ruling wrong' - how can appeal court do other than 'correct this'.
Renome of US Legal Systems is stake here, very much also outside USA.
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What is easy forgotten is that - it is the small 'David' - against two giant 'Goliath' companies - that has built their entire business around 'stealing' products from developing companies like Amarin.
Amarin: 550 people + now 800 sales force.
Hikma: + 8.500 employees
Reddy: + 22.000 employees
Hopefully US CAFC judges will in the end make the right decision - as you point out, could well be the case.
Jasbg
No wonder AMRN retail shareholders have 'thin skin' - after endless disappointments - and again today.
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Volume right now 47 million shares - will likely end 65 - 70 million - with a big loss of the day right now around 29%.
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Actually with that huge volume SP is holding up reasonable well !
Retailers being obviously scared (disappointed) by first 'the selected judges' - and thereafter Orals 'considered' 'not good.
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https://finance.yahoo.com/quote/AMRN/
When Oral analyzed deeper - there might still be hope for Amarin - is my feeling - trying to take it all in :)
Jasbg
study@ I think a lot (thousands) 'of normally very cautious retail investors' has got caught in this stock.
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After FDA approval dec. 2019 - nobody really considered the patent case a threat.
And today - what to say? After so' so' much debate - the company 'killed again' in minutes by US Legal system.
When the most experienced Law people - talks about a disaster' - it is hard to believe in 'a miracle' ruling from CAFC.
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Jasbg
Many have to 'sleep' in the bed' - they thought was 'great investment'.
A sad day for Amarin and shareholders - and for CDV patients in US - if this is where it ends in USA.
dmil@ With any luck - that will be the last time 'in history' you can buy AMRN shares at that price :)
johnking@ We do all we can - for staying positive :)
But why has everything to do with Amarin having to be 'a drama' ?
Of course he whole setup of CAFC invites to drama - and 'do we have it'
Can only Oral goes well ?
Jasbg
dmil@ Maybe not the time to brag to much - but I liked your take on the judges - and pray that you will be right :)
Jasbg
Downtg@ In the end it might be not the worst mix of judges (dmiller is positive).
Danger in 3 predicted positive - would be 'just as unsecure' - as I suspect that the individual judge - do not want these 'signs of 'Biased' on their back - but rather want to be seen as 'being just in every case' they are selected for.
We simply have to believe in US Legal System - will come out and secure justice in the end' - independent of 'who are the CAFC judges.
Jasbg
dmiller@ Thanks - we seem to need all the support we can get - Again !
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Now it's all about Oral - but still probably 'months of waiting' after.
We have to believe that judges in these high positions in the end 'rule fair' looking at the facts of the case (no matter what's the name).
Jasbg
Vascepa is here: