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I wonder if we hit $2.xx do they do a reverse split or is AMRN put in with penny stocks ... lol
I believe their website lists UK, Switzerland and NJ
Although the FDA believes that lowering LDL may prevent CAD they did not believe lowering tris would do the same hence the requirement for REDUCE IT after the ADCOM hearing
There is no way a PA could be deemed as inducing infringement - other wise every insurance company would be guilty
the issue is this - since Vascepa would be the only med approved for this indication - although they could ask for a PA how are they going reject it since they cannot legally substitute anything - so if the patient meets the criteria they would probably have to give the med
insurance companies will make it as difficult as possible they are the ones now running medicine and the government is helpless to control them
I think AMRN is down because people are just reading headlines such as
This is where AMRN will need to be proactive . I foresee insurers simply saying OK if the DOC writes that the RX is for CAD we will give V - otherwise gV. Since most docs will not write why the Rx is being given most of the Rx's will go generic.
AMRN should step up and say no - 90% of RXs are for CAD indication therefore by default - if there is no indication written the RX should be filled for V unless the dos specifically says its for Trig>500 only then may gV be substituted (unless MArjac wins!)
You can paint this as David vs Goliath - poor small AMRN struggling firm taking huge risks to advance the health of human - then steps in generic conglomerate to steal all of lil AMRNS work - which will result in no education of HCP's and under utilization of this life saving drug because of foreign conglomerate who wish to destroy US innovation
I agree DK - AMRN has suffered irreparable damage from multifaceted attacks be it by BP - NIssen as a hired gun - AMRN's own lack of marketing expertise and allowing it to be labelled fish oil etc etc . THis is why I dont see it getting into the teens even if say Marjac wins, Health net folds etc etc - there is a healthy skepticism about the company and to some degree the product - AMRN will need to reverse this which will take time - having said that if they reach say $12 and BP buys out at 100% thats $24 - I think almost everyone here but BIObill would take that
Lizzy WHat did the Form 4's say ? TIA
NS ... I have been inundated with work and issues and have not been able to keep up, IF I understand Judge Andrews dropped HIKMA so they and Dr. Reddy are free to infringe to their hearts content while HEALTHNET is still on the hook ?
What do you think is going through Andrews mind ? Is he saying yes I believe someone is infringing and someone will be held responsible - the case against HIKMA will not stand scrutiny however, HEALTHNET will ?
What are the next time frames for the legal actions ?
What is happening today that is of interest ?
TIA
I would have had him not use the company as a personal piggy bank - the stock options awarded to him and the board were totally unwarranted after their total, utter and dismal failure in advancing the company and should be returned - this is like a contractor building a house that collapses and then expect to receive a bonus. Perhaps The courts may help him come to reason.
Yes they did - while sheroes ride unicorns through the daisies ....
I think we can safely say that anyone here would have gladly paid the price JT did ....
Hopelessly clueless ..... but I am disappointed no mention of unicorns or daises
No replacement she said
Just met with my AMRN rep shes leaving the company - I asked why - better opportunity --- my guess is she either reading the writing on the wall or AMRN is telling them forget it and throwing in the towel
Just wondering ...do you have to go to school long to write such an informative article
Predicting the past .... dang how do they do that ????
Yes like malpractice but if the damages are bad enough I have seen them go beyond insurance and thats what they intend is my understanding ...
Yes and lawsuits are proceeding not only against AMRN but they are looking at Thero and Kennedy personally to retrieve some of that cash for shareholders ....
Amarin paid to have the article published - well at least they got off their unicorns
I researched these and spoke with several firm ( Bridgeford etc). Fortunately BIden did not drop the inheritance tax free amount down but still is a great idea
Hmmm some are in Grand Cayman ....
AMRN doesn't make his top ten https://www.yahoo.com/now/10-best-biotech-stocks-buy-110127880.html
Thanks LIzzy !
I agree Raf but isnt this AMRN's job. Frankly I am tired of fighting with insurance companies while AMRN seems to do nothing to advocate for itself , Right now in my inbox are four vascepa Prior Auth's which have been denied and will stay that way - if AMRN WANTS TO FIX THIS TO INCREASE THEIR RX NUMBERS THEN THEY NEED TO DO IT - Im done doing that - now I just file them away
BUt here is an idea - contact AMRN as a subcontractor - we will take on insurances etc etc - fire more reps, fire marketing and pay us to do the work THEY should be doing then we can spend the money riding unicorns through daisies dreaming about being Sheroes. Glad I sold my $4.25 purchase for tax losses ( holding the $3.xx) - will hop in before Marjacs case goes through
Hey Lizzy perhaps you can run this down. I note on Abes post that BVF Inc bought 9 million shares and now owns 11 million . BVF has one employee supposedly
BVF INc/IL is a hedge fund with only 5 investors
https://www.dnb.com/business-directory/company-profiles.bvf_inc.3464464188af4e3e9a48794773e9cfda.html
Abe - what advantage will this give us ?
I hope you are correct INvest , however, I believe even if Marjac can pull off this feat ( which really should be made into a movie ) the stock will not regain it's true value. BP has successfully destroyed or should we say besmirched the product into being nothing more than "fish oil." COuple this with AMRN's inadequate capability to address marketing, the multitude of other drug choices to prevent coronary events, the developing pipeline I find it unlikely to reach its previous highs. Having said that I don't think $12 or $13 is out of reach if Marjac prevails. If the stock can reach that and if we could get 100% premium on BO then perhaps that would be $24. That's a lot of ifs but you know if AMRN can spend their time chasing sheroes riding unicorns through daisies we can dream too....lol
I have always found that with people such as Judge DU their own actions are inconsistent with their beliefs. How many immigrants is she housing and paying for? I will bet ZERO. I will bet she locks her doors at night - yet says the country has no right to lock its doors.... hypocrisy reigns supreme in progressive ideology.
THis is an education issue . AS we have posted numerous times
a.) Docs are clueless about differences in Omega 3 and have a complexity prejudice
b.) Insurance companies remain somewhat clueless
c.) FDA is clueless
d.) AMRN's marketing capability in horrendous . They should never let the term fish oil be used and instead should have used "Statin enhancer"
e.) JUdges have been clueless
Somewhere somehow in simple words the message needs to get out but AMRN seems incapable of doing this
AMRN makes the keystone cops look like a NAvy Seal team ....
I know this has been discussed but I dont recall the answer . Let just say that generics are given the right to infringe on patents. So now AMRN needs to compete - the game then boils down to who can make it cheaper. Why cant AMRN make the product for less than the generics ? Of course they would eliminate reps and all advertising and the market would shrink but if they were cheapest they would at least have some income flow from the US Market. Direct efforts into Europe - in the meantime launch combo to eclipse infringement in the US
There should be a summation of Rx #'s in Germany at end of year - anyone know how to access ?
LOL biob $110
OMG that is hilarious ... AMRN is totally clueless ... maybe a magic sheroe will ride in on a unicorn and save them . I think I am going to harvest some losses before year end ...
Question - If Marjac were to win ( I hope he does but in no way am I counting on this ) could AMRN then request damages for any sales into the patents that have occurred ?
Can you provide a summation of their reply ?
I was reading something over the weekend that couldn't but help remind me of Judge Du's decision - the difference between correlation and causation.
There is no doubt that the number of shark attack and consumption of ice cream is directly related - the more shark attacks there are the more ice cream is eaten - less shark attacks less ice cream is eaten - shark attacks and ice cream eating are correlated.
Yet neither is the causation of the other. The causation is temperature - the warmer it is the more shark attacks and ice cream consumption occurs
Judge Du wa told shark attacks were causing ice cream consumption ....
niacin will increase HDL but has no proven benefit so you are left with those two antioxidants in red wine may increase levels of high-density lipoprotein - exercise volume, rather than intensity, has a greater influence on HDL-C
Heavy aerobic exercise and red wine
It is truly unfortunate that the legal system and politicians are unable to do the basic math that you cite ...