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Our price to sales is 2.6 or so. Biotech avg is 5.5. Granted...it all about the IP or loss there of. We need sales and some infringement and then successful lawsuits at triple damages. Wish I could speed all three up.
SP goes up if sales go up. SP goes up when EU gets approved. Hikma can launch and if they eat into REDUCIT sales (patients)... the law suits fly. Wish I had more to invest. Just sucks we gonna have to wait a year or so. Over $1 billion in 2021. Mark it.
Let’s see 100k scripts tomorrow. Sell the crap out of it JT! That’s all that matters now.
I see no negatives left to absorb unless sales drop. Bottoms up from here!
Just over 11 hours to conf call. It better be spectacular.
Oh man...salad bars....use to go with wife to Ruby Tuesday’s back in PA before the movies....I destroyed that salad bar. Was so good. I think soup and salad for $7.99. They lost money every time! Catalina dressing all the way.
$8 billion BO is almost $20 a share. I’ll take it in a heartbeat but still feel like we getting ripped off a bit.
Such a horrible year. Have had deaths here of friends and family. 10 million Americans behind on mortgage/rent.
I begrudge not a one for not getting a refill or just trying to survive. But yes...the refills are compound interest for AMRN. Perhaps we at a turning point with everything. Still....does not erase the pain. I found myself mindlessly watching “my bahama life” or whatever it is called on TLC or HGTV and honestly thought about it....still thinking about it. Have a 12 year old though and honestly...I’m mostly only still working for him. Need a win here. We Du....
Lem.
So a jump of 1.3 million in a week. Not sure if these scripts are separated by 90 day versus 30 day. Seen conflicting opinions. Either way. Again....Very Nice. (Fake Kazakhstan accent)
Lem
What do we think the per 30 day script is worth again? Was it around $150 per 30 day script. We up 10,000 scripts from last week. Yummy.
Lem
Hot damn! Just shy of 100k. Very Nice!!!!
I honestly think AMRN’s situation is so complex...no analyst can be believed. It will be what it will be...go it alone with current sales...we $5. Hockey stick it....we $15-$20. Sell the drug JT or get lost.
Just read hatch Waxman ...perhaps the best intentioned and yet poorly conceived law ever written as it relates to AMRN’s situation. A one drug company that had to spend hundreds of millions to jump through FDA hoops. Very little in it to allow for cost recuperation in our situation....however, the orange book allows some reprieve (injunction) if the generic scum bags infringe...and they most whole heartedly will. This stock share price is so undervalued. The only thing that gives me pause is we are not seeing institutional accumulation at this level. Or maybe we will see such when the reporting occurs.
Provided JT sells the bejeesus out of the drug or sells to someone who can.
Any sane person sees their intent. They want as many sales as possible. Patents be dammed. In skinny label infringement they will meet their just end. Throwing tons of suits against the wall to find one that sticks has been there modus operandi. ....Vascepa REDUCIT patents rock solid and if they launch and sell even 50% more than the marine population can consume....they in trouble. And they know it. A jury is not gonna stand for it. Just like the Teva GSK jury did not stand for it. We just need wall street to wake up here. As long as that ruling is on the books the US market is mostly restored. Problem is a year into approval we not seeing sales growth like I would hope for.
Biobill, did you seriously hack Dr Reddy’s? :). Hope there is a smoking gun.
Best, Lem.
After the Teva - GSK ruling...yes. Before that they were salivating about their intended thievery.
Goldman Sachs pays 3.9 billion to Malaysia in the Malaysia fund scandal and another 2.9 billion to the U.S. hmmm -6.8 billion. Bet they could use some business. Come on JT!!! Give em a call!!!! Their $18 offering was fortuitous to bolster our cash on hand but was a complete disaster for their investors....unless they told em to buy it and short it. Which seems sketchy as hell and conflicted.
Lem.
The source really does not matter here....the crap is airborne or some where in between airborne and droplet.....the prison guard was wearing a mask and all six prisoners caught it with less than a minute contact of 6 feet or less. I hate being lied to! Not about little things...but this....is big!!!! Two weeks from now we shutting down again and I foresee great turmoil ahead. Makes me think my AMRN losses thus far are not such a big deal
https://www.nbcnews.com/health/health-news/cdc-changes-guidance-close-contacts-emphasizes-importance-wearing-mask-n1244147
Rewind 15 years...moved to vegas...quickly realized I was in the Wild West, and yet learned a valuable lesson....”if something is done, it’s cause money is being made and if something is not done that ya think should have rightly been done....it’s cause even more money is being made. “ - lord Lemmiwinks.
So...by all rights, if a settlement is possible, as I argued a few days ago....it should happen. Win win. No pay to delay....just you limit production yearly to the marine label. We do the rest. Then you come in in 2027 or whatever. Of course Teva and Apotex deals would need to be reconciled.....But I doubt Teva has the stomach to enter the V market after Teva- GSK ruling.
Lem-
I agree with you and eight as well. Easy to see your place being robbed when the cameras are on and a jury will definately understand when they see the tape. Teva v GSK changed everything except the stock price. Hopefully the street will come to appreciate us. Or a BP. Let it be so. I just felt something. Could be gas....or hopefully that lightning shooting out my bottom. We will see.
Lord Lemmiwinks.
His testimony if the court pulled up the cropped table during trial is not perjury. It is however elegantly and conveniently untrue. Also Blissfully ignorant of proper statistical analysis....just means he is a paid idiot. Doubt his testimony counts as perjury. But go ahead...blast that shotgun in any direction you can. Maybe someone will here the blast. Whoever cropped that table single handed lay wiped billions from the table...for now.
Not likely for much longer...unless covid fatigue gets us all. I fear we gonna get shut down again in the next two weeks. It’s worse now in many locations than at its worst this whole year. That being said...physicians too are not able to stay sustainable under lockdown. We have bills too...employees....rents... at some point...the primary care doctors gotta open all the way back up. I think we getting close to that point. But V is not likely high up the priority list....unless we get some covid news soon. I would bank on data coming out of kaiser before any one else.
It would have to be the states. Or they can sue everyone but for no damages requested just to prove a point. Longer the Teva case open...longer we still have full us market IMO. Infringement requires a launch though. And then let em infringe and then sue. This whole thing is one big pile of festering ROT from good intentioned idiot policy makers and policy minded judges....until Newman stepped in!!! God bless her. I fear most lawmakers only see forward regarding their bills enough to see how how it impacts their next election cycle. Anyone study history....we are witnessing the fall of Rome here. ‘‘Tis always better to live in the ascent of a society than its decline. Sadly....the next great society is not going to be a democracy. But...having never lived in an AI ruled world....maybe it won’t be so bad. Or a Chinese ruled one.
I agree with ya 100 %. Now the question is...when the hell will our share price Catch up to this reality? So much damage done here. Can scripts just break 100,000 already!!!! V is a multi billion dollar drug period. Our sales team would have a hard time selling refrigerators in hell.
Correct me if I’m wrong...but the nullified patents pertain to lowering trigs when over 500 to treat pancreatitis. And maybe prevent too? Have to look again. But either way...it was about pancreatitis.
Retail sales did not pin this at $4.90 yest for like 6 hours straight.
That statistic is true...but an excellent example of statistics being spun to justify an agenda. Mine are all locked up. Only I know the code. So unless I go all Amity Ville Horror on my family during a Xmas party....it’s literally a 0% chance. And that applies to all responsible gun owners.
I’m a good shot and hope to never have to prove it. That being said...I’d empty the clip to be sure.
We do do homework. Required CME every year. Typically 20 hours...but none of it covers the breakthrough of Vascepa. And even if ya get NEJM....ya probably did not read REDUCIT study. Two hours every two years about how narcotics are bad...every two year cycle. Crazy. Next I expect a few required hours on pandemics or some such.
DTC and reps are what will educate. Those and momentum. We have seen DTC but sadly all three have been woefully ineffective thus far.
Weird she pinned at $4.90 for hours.
Birth of my son...meeting my wife...selling the first business, paying off my parents house....all super strong memories. And then their is Dave’s butthole erupting like a pilot light on a stove. An equal part of my memory and I’d not wish it away more than any of the others.
Now go AMRN!
Sadly...or perhaps not so sadly...I once failed to dissuade...ok ok...actually encouraged, my college roommate to light one. Other than actually having to see his balloon knot ....it was quite hilarious for all present. And yes...he singed his ass hair.
Agree. Always has been my view. Would like to see sales go up. That’s the medicine we need most. Meanwhile I will continue to attempt to use the force till we sold for $18 or higher....or till lightning shoots from my ass. Both equally likely at this rate.
Granted, AMRN is number 2 on list due to alphabetical order....but this is the top ten list of biopharma buy outs from fiercepharma published today. A boy can dream still. Just getting tired of the dreams being nightmares
https://www.fiercebiotech.com/special-report/amarin-top-10-takeover-targets-biopharma
They get called Lords! Awesome. If I was one of em I’d change my last name to Vader! Who gonna unseat Lord Vader? That’s right...no one....and the license plate...and I assume my house gets a name too...what would it be? Hmmm...what would it be? Go AMRN!
Lord lemmi-
Just need one PR that V helps with covid and sales could surge 260% like they did with hydroxychloroquine. It makes sense to me that v will help with blood vessel inflammation etc. seen a few Covid patients come in sick after they likely recovered from covid virus load...but they had pulmonary embolisms. So the number of CT’s has gone up with covid and we as physicians get scolded for CT utilization. It’s all out the window now...I try to avoid patient radiation exposure as much as possible....but I’m a dying breed with today’s throughput driven protocols and metrics.
Let’s see a positive study...just one...instantly $12-$15.
Lem.
If I was AMRN....I’d offer generics this...you agree to sell up to the marine indication amount of V per year. We sell on the REDUCIT patents. We build the base. We don’t sue you and drag this out any longer. You can sell on REDUCIT a year early. Win win and not a pay to delay. They can only by rights sell that amount anyway.
Make it so!
Judge Smails.....
I've sentenced boys younger than you to the gas chamber. Didn't want to do it. I felt I owed it to them.
GILD’s cohort number 12....their two Nash drugs plus 4 grams of V scheduled for completion Jan 2021. The two drugs by themselves and together have thus far been swings and misses. If a positive read out of this cohort, things could get even more interesting. And I think they gonna get pretty interesting by themselves in next few months....provided scripts go up and Generics launch softly. Need scripts to climb...period.
Lem
Thank you. Nice read.
Thanks. That they allowed it is very interesting indeed. Can’t wait to read.