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The thing about ADCOM votes they are not binding. The FDA can override the vote and they have done this in the past. It is estimated 22 percent of the time.
With this price action, I hope we beat revs, positive EPS would be a icing on the cake. Hiring all these Reps may be a drain on the incoming cash though.
Love to see EVAPORATE results released before ADCOM. This would be a great end run.
If it reduces CV Risk, that's a good thing it validates EPA treatment for CVD, even if it accomplishes 15% Reduction. The placebo is another matter.
P.S. They will not be sell this drug in the U.S., patent protection stopped EPANOVA drug sales in the U.S.
Absolutely got that post backwards!
Zip I don't think anyone here is a fan of his scientific feedback!
We want to see a successful EPANOVA trial but with results that run around 10-15% reduction in CVD, Otherwise O3 trials for CVD reduction will get scrutinized including REDUCE-IT.
Ya gotta laugh - because that will have an effect on EPA/AA ratios in a bad way! So the EPA effect may be diminished for EPANOVA. So maybe they have 15% Reduction CV Events.
Corn Oil may be less passive than Mineral Oil.
Think when you testing oils in a double blind test there really are not any very good choices in placebo.
Revenue
Next Earnings Date: 11/5/19
The consensus for revenue of the 8 analysts covering AMRN for 3rd quarter 2019 is USD 110M.
Mean Estimate: USD 110M
High Estimate: USD 114M
Low Estimate: USD 103M
Should be an easy beat.
As we like to say "Liquid Stent"!
One reason EPA/AA ratios should be tested at an early age. Help prevent the onset of CVD. I wish I knew what I know now regarding EPA/AA ratios.
N40K,
I'm not surprised by the findings. I take mine at night since prescribed may years ago. On the knowledge that most events happen early A.M.!
No worries here. ADCOM Is the last barrier as we hurtle to the finish line.
My take on the ADCOM conversation. Is EPA more than just a Triglyceride lowering drug? You and I know the answer. The FDA needs to hear the conversation for fear of making the wrong decision.
I think the label gets an upgrade.
Earnings will be strong. Script numbers have exceeded the generics and Lovaza combined. Word gets around fast, docs and patients are happy with the lab results. Patients having fewer heart attacks is a big plus, families are happy to have there loved ones around for years to come.
A simple formula for success.
Actually they can hit Southern California too.
Not likely until the label is approved end of December by FDA. The FDA can sure make funds and investors nervous. Things should settle down, then it's about sales.
Nice numbers. I wash my morning dosage down with a cu of coffee! Now that I'm back on Vascepa, with Cigna coverage.
Not to mention the tax bill is higher for short term trades!
Maybe a false negative.
But seems they only see this as a Triglyceride lowering drug. Seem these experts are still thick headed, absence of any science is a dangerous thing.
Well Dr. Bhatt is a believer now!
J.L. still is.
The company I work with switched to Cigna, they were not very happy with UHC. Back to taking Vascepa over PharmaEPA from AMAZON. Copay high but same as the PharmaEPA price ~$100. My Copay is $100 per month for Vascepa in the Virgin Islands, with label changes coming up, maybe the copay will come down.
So true, A restricted stock unit is a substitute for an actual stock grant. ... When you receive an RSU, you don't have any immediate tax liability. You only have to pay taxes when your RSU vests and you receive an actual payout of stock shares. At that point, you have to report income based on the fair market value of the stock.
It's odd that they can tax you this way, but true. I mean it is after all only stock at his point. So it is a bit of an anti business tax policy.
Ok that’s news to me!
Thanks I guess the tax man is greedier then the working man!
You only have tax liability when you sell your options!
They could hold and avoid tax liability!
Not false information they have been selling since the results!
I suggest you look again!
Looks like the boys of Amarin are selling a large chunk of options, going into ADCOM. At lease they are keeping some of the options this round. But still not a vote of confidence, since total shares held have gotten smaller. This reward program for a drug that has yet to get an sNDA label, is pathetic from my point of view.
I don't mind rewards at all, but only when a job is completed and well done.
Not to mention data from the Evaporate trial using VASCEPA!
Hopefully the results are outstanding!
They did it with our SPA for the Anchor trial. Their a bunch of clueless clucking hens.
When you say down, it goes up and visa versa!
So please keep posting negative charts.
Incompetence at its best!
Sound like you have a nice setup. I wish I had solar now. I have purchased a 40 amp ppt solar charger, crimper for connectors, wire and a couple of panels. Just experimenting with it for now.
I would like to have a professional install done at our home in Dominican Republic which we just came back from, but still in construction of second floor.
Yea the inverters come in handy for generator off time. The problem with running the small generators, oil changes need to be done often!
yes perfect - get a four cycle - like a Honda 2kva or something.
J.L. I recommend buying a good battery charger 15/25A and at least (2)Two 12VDC 100Amp car batteries, charge them up before the storm. Get yourself at least (1)One 12vdc/120vdc 1KW or 2KW inverter. Great way to keep the lights on, plus keep the devices charged. With the girls they ride out storm no problem. They have there tablets to play with. We hold out in our middle bedroom cement block walls protects us, lights and entertainment.
Once the storm passes use your car to charge the batteries or a small generator and run stuff like a fridge.
We have gone one month without electricity a couple of times. So this make life comfortable.
Get well J.L. your a tough guy, you will probably will live to be 120.
Dorian pass right over our heads, not much damage here, just reached Catagory 1 strength.
Once you cash in your Amarin stock, go out and buy a cement block home. Forget about the 2x4 with drywall homes. We just mop up after a storm and that about it.
- B.C.
The Evaporate trial is funded by Amarin. A few parties involved in the trial. Here are details regarding the idea of the trial and mention of the Cherry trial conducted in Japan.
Evaporate
ACKNOWLEDGMENTS
The EVAPORATE trial is sponsored by Los Angeles Biomedical Research Institute, with the Intermountain Research and Medical Foundation as the collaborator. Amarin Pharma Inc., Bedminster, New Jersey, funded the trial and provided the trial drugs but had/will have no role in the design or conduct of the trial or the analysis of the data. Medical-writing assistance was provided by Peloton Advantage, LLC, Parsippany, New Jersey, and was funded by Amarin Pharma Inc. Medical scientific reference checks and associated assistance were provided by Sephy Philip, RPh, PharmD, and Megan Montgomery, PhD, of Amarin Pharma Inc. Amarin Pharma Inc. had no role in the approval of this manuscript or the decision to submit it for publication.
There is a lot more than LDL-C in this picture. EPA has positive effects on Blood Vessel lining, HDL-C, LDL-C, Trigs, Cellular Inflammation and Plaque Reduction leaving DHA out of the picture period.
Thanks! This guy has been around awhile. I don't believe we have seen any positive posts from this twit regarding AMRN. Suspected link to a short cabal, as you can see very negative posts throughout the thread.
I hope that idea can play out. I just feel we got sucker punched by the FDA.
As history played out by Amarin management selling all their options in some cases and most in others. Makes me wonder about something lurking deeper unknown share holders. As if they know we would have a deflated share price for some time.
I take it back! The is not competent enough to review this trial on there own!