Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Say, if the FDA and Amarin Lawyers can change their minds..... why not participants in a total guessing game? It's all in fun anyhow...... Here's a Newcastle for you laddie, drink up I say...... Can I change my guess? I now think it'll be October, still thinking 45% Whiskey, Tango, Foxtrot.....?
Aye, "twitchy" it is laddie.... almost as bad as stepping on a nest of ground dwelling bees and all I have on is me kilt...... :D)
I'd be faster than Usain Bolt....
tried to buy some AMRN @ 1.42, I'm going to leave it alone and see if the MMs will drive it down. Stock is doing well. It seems the market likes what's happening, whatever that is....
Kiwi; I'd say we only need to increase sales by 28% to be cash flow positive by 4Q16! Am I missing something? The Delta in sales from 2014 to 2015 was 63%...... Time to buy my friend before the Amarin gets too expensive...... :D)
Thanks Sam; good due diligence. Don't know Sun Trust's record, but their report seems pretty conservative. Amarin only has to increase Sales by 28% approximately by 4Q16 to be Cash Flow positive, that is extremely exciting. What irritates the crap out of me is I can't afford Vascepa in my current Health Plan, my deductible is $3,000 per year. However, I do get $1500 paid into my HSA account yearly, I'm just too Scottish I guess. My Co-pay is $610 plus for 90 days supply. I am on Livalo however (Kowa's Statin) and paying $240 for 90 days supply.
This is the crux for most of us who are still working, not sure what happens when I go on Medicare in December 2016. Perhaps I can get Vascepa cheaper???
So Kiwi, all bets are off at this juncture. The tally of Interim look see HD was keeping is moot. There will be no interim look and Amarin will not sky rocket until we actually see real numbers.....
I say buy, buy, buy all you can.
Must be blowout numbers.... :D)
Hey Doc, stick to tummy tucks, nose jobs and face lifts. Wars were not won by touchy feelies. You really believe Granowitz was brought in for one reason and one reason only (Affairs? Yes, even Nuke Plants have Regulatory Affairs Departments, guess what? They control the Operating License and interface with the Regulators. Don't think for one minute that Granowitz won't be calling the shots. Thank god for bullies. If we never had them then we'd never grow some cahones.
Looks to me to be one individual who has an axe to grind. Look at the dates all 3 yrs, 9 months. Poster: Anonymous???? I agree with BIO, Amarin needs to kick some sales folks around, maybe Granowitz was picked just for that reason. Either produce results or don't let the door hit you on the way out..... I don't hold any credence in one individuals rantings.
I second that Mainstreet. You can shop around, usually about $35 for 120 capsules. Vitacost.com is one. 1250 mg capsules, but they contain 1000 mgs each of EPA. Although I'm not taking the full dosage I should be (4000 mgs), of course that's a TMI....
On a side note: Been taking Livalo (Kowa statin) for about two weeks now. 1 mg dosage, man what a difference in how I feel. No more aches & pains, headaches are gone. Feeling much better. Screw that Generic stuff. Gotta ask myself is $80 per month worth it to feel better? Yes, I guess I could disobey the Cardiologist and stop taking a statin, but I'm wondering about the long term effects, is it worth the risk not to take it?
The reason for the delays; Simply put, don't rock the apple cart. My own experience is from Construction. Rather large Construction Projects require lots and lots of patience and documentation. In the end the lawyers will be our best allies in this fight believe me. Going back to court is the last thing Amarin and the legal team want. Amarin won it's cases, be patient. The last thing we (Amarin & Co.) need is to piss off Big Brother. There's a lot at stake. The FDA could do a lot of side stepping and delay tactics if Amarin and the legal team go in with both barrels blazing. Low and slow, as in keep a low profile and go very slowly in negotiating, the FDA will give Amarin much more respect if they continue to provide support rather than in your face tactics.
Allow the process to continue to work, just like in Construction, if Field Engineers are always finding things wrong and go on the attack nothing would ever get built. Make sure the Contract is written then follow-up with documented proof that you're correct is a winning combination. When all the dust settles then settle the dust........
Wow, what a racket..... Went to go see my Cardiologist to have him switch me from Generic Lipitor to Livalo. He didn't have a problem switching he did say that Livalo would cost more. Wham, bam thank you M'am....
Generic Lipitor 10mg, 30 day script cost me $4
Livalo (name brand, still patent protected, no generic) 2 mg, cost me $240 for 90 day script from Express Scripts, which works out to $80 for 30 day script. And I thought Statins were a "Preventive" medication? Still haven't received my Livalo script yet in the mail. I know Generic Lipitor makes me feel like crap. We'll see how Livalo makes me feel, that's if I ever get it.
Lets hit the consumers in their pocket books, that'll make them see things our way...... (Big Brother)....
I just don't get it.
Dropped by to confer with my cardiologist on Monday. Wanted to convert over to Livalo from Generic Lipitor. As the Lipitor was giving me fits, aches and pains, plus headaches. The Doctor didn't bat an eye, he did say Livalo would cost more???? Big deal..... What gets me is these doctors know that Statins give people unwanted after effects, yet they don't even question why people are having these reactions? They just say okay and next patient.......????
Another TV Medical Evangelist (Dr. Maloney?) on PBS has millions of viewers, says that cholesterol is not the problem. That ruptured plaque is the problem for people prone to having a CVE, such as a heart attack. When the plaque ruptures due to inflammation (Which he doesn't mention)???? I really don't get this. Is this guy for real? Doesn't excess cholesterol become plaque? Isn't ruptured plaque a direct cause of the amount of inflammation a person has? Isn't a person with a high level of inflammation more prone to having a CVE? This was all glossed over. I somehow think they pick these TV doctors for their ability to bamboozle.
Thanks Captain Beer.
I'll have to call my Cardiologist and have him switch me over.
They're letting us go home early today (Thanksgiving Eve) at the Nuke Plant. Hallelujah..... after making the officers millionaires, we'll get a mere few thousand as a yearly "bone-us."
After Amarin gets into the double digits ($20 +) , then I can retire from the "rat race."
No_Mo;
Is this just from taking 4 gms/day of Vascepa? Have you changed any other parameters? Are you taking anything else?
Thanks,
Nuke
Ajax; I agree with you. Cardiologist prescribed Generic Lipitor Atorvastatin. I've had some side effects from it. Muscle aches, back problems. Feel like I need a Chiropractor all the time. Can't really get a good nights sleep too restless. I think its because of the statin.
A friend was taking Crestor and it really did a number on him. His doctor changed him over to Livalo and his problems went away. I'm thinking of changing myself or dropping taking the statin altogether. I'll live with the 10% chance of a Cardiac event in the next ten years if I don't take it and take only EPA.
Good suggestion.
Not that I'm agreeing with you but, yes the 125% is for a company that has a PPS that hasn't been beaten down into the dirt. We're talking a biotech that has a proven product. Sure Amarin is a one trick pony at the moment, but, that moment is just a blip in time. Amarin has gotten an undeserved "bad rap" over what and by whom? Amarin is so undervalued at the moment that the PPS is ridiculously low. Talk it down all you want.
I usually don't respond to such, but what is your take of a starting bid for AMARIN? It could very well happen when we least expect it.
There have been numerous companies bought and paid for for at least 10X - 20X, their current PPS. I'm not a stock market maven, but I know of one company off the top of my head that went from $2 and change to over $40 almost overnight. I'm sure there are others. The company I'm referring to had a symbol INVN (InVision), they make state of the art "x-ray machines" they were bought out by GM I think? This was after 9/11. Now most airports and secured facilities use this type of x-ray machine.
Now, put that perspective into the retail drug market, and the potential of having a drug that would help 40 million plus Americans with high cholesterol and this is not counting overseas markets.
Been there done that, missed too many opportunities, coulda, woulda, shoulda. Had I stayed the course with just one of my investments I flip-flopped on over the years I would be financially free. This ain't happening with Amarin, I'm staying until the Fat Lady sings......
This also concerns me; Amarin needs to overload the doctors.... that's the whole point in getting people to change their current way of thinking.
Radical change, takes radical thinking and super human effort. For an Amarin representative to throw in the towel is not what we need. We need a Chuck Knoll, Knute Rockne, Lee Iacocca all rolled into one.....
"PS. I did not talk to Berg after the meeting, because he was meeting some "big investors"..I did see him talking to a group of about 5 people, but I was not close enough to see their name tags..He did tell me the drug reps were going to do JELIS and ANCHOR...he felt anymore would overload the doctors."
JL; Thanks for your time and reporting. To change a culture, in this case the minds of medical personnel that is so deeply rooted in their perspectives takes a tremendous effort to change. I know in my industry it takes a lot of time and effort to change a set way of thinking.
1) Something drastic needs to happen, don't know what that is yet. Reduce-it might be the catalyst but certainly not the tipping point.
2) It takes a strong leadership to elicit that change in paradigm. Question is; who will provide that leadership? The AHA? The FDA, who would have to fully endorse the benefits of EPA? Without a strong convincing push by Industry Peer groups then acceptance of EPA vs. statin therapy will take a lot of convincing.
3) People (Clinicians like you said) and Doctors will also want to change, sounds like an AA meeting doesn't it?
4) This could take years (time) to make it happen. Some of us don't have the time.
Cheers,
Nuke
BioChica;
4gms/day of pitavastatin would put people into orbit. Although Pitavastatin seems much stronger than other statins if 4mg/day is considered a max dose?
"The CHERRY study was a randomized, non-blinded, parallel group, multicenter study designed to investigate whether coronary plaque regression and stabilization are reinforced by additional administration of EPA to pitavastatin (PTV 4 mg/day) therapy in patients."
Raf; thanks for the report. Sounds like the AHA presentation went rather well.
Thanks Sam81;
"We believe"......Darn tootin they know something or they wouldn't have made such a statement. Are they hinting or just fishing? Then again when I read this back, they're not promoting anything we don't already know. That is Amarin can use Anchor data to promote Vascepa.
Bio: that's why I'm sticking around til the Fat Lady sings....
Thanks Zum; I didn't think they (radio hosts) were correct. This radio station would try and sell ice cubes to Eskimos if they thought they would make $$$$ on it. They also get these clowns on on Saturday and Sunday morning talk shows, touting stuff I would never buy myself, but the sales people are like Billy May's the Epoxy guy...... Call now... our Operators are standing by..... we'll throw in an extra tube if you call in the next 15 minutes.....
(OT) sort of; Heard an interesting little tidbit on a radio talk show last night.
1) 6 out of 10 Americans are on one or more prescription medications.
2) Zocor (Simvastatin, MERCK) is the top selling drug in America. I don't think the hosts had it right though. They estimated that Zocor brought in an estimated $24+ million per day. How can that be? Wikipedia says there is generic Zocor available. I could not verify any of the data put out. But man, that is a lot of moolah $$$$..... 365*$24M = $8.76B revs. That can't be right....
I believe #1 (we are a pill popping society) but find #2 hard to believe.
Hey Ranjo; good point, I'll attest to that.... I ran out of Vascepa and out of Carlson's EPA Elite (my backup) so I was without EPA for a week or so. My eyes started bothering me, they got really dry..... plus other things I didn't feel or had problems with began to reappear..... Took my EPA again and Wallah the problems went away...... No side effects whatsoever....
Cheers
Nuke
DID: Yes, but we're talking Vascepa here. It's benign, no negative after effects. I have noticed with the Generic Lipitor that my hands are cramping more, I've gotten more headaches since beginning my regimen. I woke up with a headache on Sunday morning and it wasn't from falling out of bed. I'v never woken up with a headache, well at least I can't remember when. I feel more tired than before beginning statins. It's almost as if the doctors I visit have this Statin Rx on auto-pilot. They're also not listening.
Cheers,
Nuke
Invest83838; Yes, I think I'd have a remarkable recovery of my mood if that were to happen. Although past $20 would bring me to tears....
Cheers
Hi Kiwi, How's San Francisco? AZ had an earthquake over the weekend, Sunday night. Epicenter was Black Canyon City about 40 miles north of Phoenix. Sounded like a large truck rumbling through the neighborhood, but made little noise just a small rumbling. Actually shook the house a little.
Yes, my last visit was yesterday with my psychiatrist, hadn't seen him in 18 months. Thank god. A real box of rocks. Of course I'd be kind of nuts too if I had to listen to people spill their guts all day.....
I'm thinking unless there is some earth shattering (no pun intended) news coming out of Reduce-it will the word on Vascepa ever get out there.
It's time V breaks the choke hold statins have on the market and the minds of mere mortals......
Good luck to you my friend.
Nuke
True story; If I could gather up the doctors I've visited the past month and put them in one room, here's kind of how it would go; The names have been changed to protect the ignorant.....
My Primary Care Physician (PCP) Ravi Shankar; who specializes in Internal Medicine would give me this deer in the headlights look and say; "Do you really want to take Vascepa" I'm normally not a pill pusher. However, I will write you a script even though it's going to cost you and arm & leg..... ha, ha. And you want me to pay for your Cardiologist reference when my Technician crossed up two wires on your EKG? Ha-ha what a joke.
My Cardiologist, Dr. Slam Bam thank you Ma’am..... I don't know why your PCP referred you to me I see nothing wrong with your heart. I think what happened is your PCP Nurse crossed the leads during your EKG. However, while you're here I think I should put you on Statins. Based on your stats, You have a 10% chance of having a heart attack in the next ten years. But, Doctor what if I don't want to take a Statin? I currently take Vascepa? DR. SBTYM What's Vascepa? Me; It's purified EPA. DR. what does it do? I said it lowers my TG and helps lower my AA/EPA ratio? Why are you fighting me prescribing a statin? you spend more on supplements than you would if I prescribe Generic Lipitor. How about it, let's say we'll start with 10 mg per day and go from there?
My Psychiatrist; Dr. Boop boop be-do; How's everything? We'll keep you on depression meds, they're good not habit forming and keep you from having panic/anxiety attacks. Me; Ok doc. Dr. Boo-boo, otherwise how are you feeling? Me; I feel great doc, I take Vascepa to lower my TG's and reduce my AA/EPA levels. I think it helped me last year deal with a Panic attack I had. Dr. Boo-boo. Instead of Vascepa I recommend having two serving of either Tuna or Salmon per week (Tuna & Salmon is the only fish I recommend). Me; but Doctor I take 4 gms of purified EPA everyday, this is way more Omega 3 than eating fish twice per week. Deer in headlights look.... then he goes on to say, yes but your body will take only the good Omega 3 and get rid of the rest.....
Summary; Doctors need to be educated by well respected Medical Professionals. Can't believe all my doctors have been programmed to not look outside the box. Although well meaning. I can't wait for results. data is what they need to see. Mass media, yell it from the mountain tops. Come on Reduce-it, knock it out of the park.
Keep it reined in boys..... ever hear the term core business? Too many fingers in the pie, too many diversions will take the focus away from the top prize. It's like the Old Bull and the Young Bull. The Young Bull says to the Old Bull let's go down there and hump all those cows today "Old Man." Old Bull says back to the Young Bull, Youngin' if I was to go down there and hump all those females I wouldn't have anything left. Why don't we just take things one day at a time and eventually we'll get them all..... Let's tackle one issue at a time. Saves the company $$$, time and effort. BP is also waiting the outcome.
Correct STS; V is not covered under Express Scripts Rules. Now, if I could prove that Express Scripts is a subsidiary of UHC then I would have some traction to persue this legally.
sts: Getting a script for V is not the problem. My PCP did one off label for me. The problem is now paying for V since the inception of Obamacare. Yes, I can get V anytime I don't have to rob a bank. Through Express Scripts a 90 day mail order supply of V costs me $610 +++ out of pocket. V is not on ExpressScripts "Preventive" drug list. Although it is on UHC "preventive" drug list. If only I could establish a tie between UHC & Express Scripts???? I could get an attorney and sue them. But, who has the time, money and patience to do that?
Its all a big game, Pharmacies playing games with peoples lives.....
UHC calls their Preventive drug list those drugs that prevent condition from becoming life threatening. Why Vascepa is on UHC's Preventive list and not Express Scripts is beyond me. One of the qualifiers under UHC's list is that these Cholesterol lowering drugs prevent heart attacks. I have yet to get a straight answer from my HR dept. or Express Scripts.
Raf; I chose instead to reorder Carlson's Elite EPA Gems. Got two (2) 120 capsules (30 day supply) bottles for $77 includes shipping. A 1250 gm capsule that contains 1013 Omega 3 w/ 1000 gms of EPA per capsule. That way I can continue taking 4 grams per day. Since I haven't grown a third eye yet, I'll keep taking them until Vascepa gets on Express Scripts "Preventive" medications list. Could be two to three years out I suppose. Insurance Companies take their sweet time in doing anything that is beneficial for people.
Hi HD,
I checked, with the Amarin Coupon ($75) I still pay out of pocket for a 30 day supply of V approximately $150. I checked with Walmart the lowest priced pharmacy around my neck of the woods.....
That as low as $9 depends on some factors I don't remember.....
Ol' one tooth Nuke....
Thanks Kiwi,
However, if I win...... :D) I get to pick my prize, say a bottle of single malt Scotch, plus I'll pull out and dust off my pipes and play a tune. "Highland laddies" for sure or maybe the "Campbells are Comin"... :D)
Take care amigo..
"Nuke the Spook"
Hi Kiwi,
You saw my message to Pharmacydude. Doc put me on 10mg Generic Atorvastatin (Lipitor). You'll be happy to know, I'm cutting down on sugar consumption and losing some weight. Its like going through withdrawal. Who said Dr. Pepper isn't addictive? Can't imagine what trying to kick cigarettes, alcohol or drugs is like...
A comment on your prediction. Isn't 20-30% a tad low if the Cherry results @ 1800 gms/day EPA are showing a 21.9% reduction in Plaque volume or am I comparing apples to oranges? I would think that a reduction in Plaque is relative to CV events?
My prediction; 45% reduction, interim results published in May-June timeframe.
Thanks Pharmacydude.
With EPA being administered @ 1800 gms/day, imagine what it will be like with EPA being administered @ 4000 gms/ day?
Update: I was referred to a Cardiologist by my PCP. He said I had a 10% chance of having a Coronary Event in the next ten years based on my age and stats. He suggested I go on Atorvastatin (Generic Lipitor). I argued with him why, told him I currently took Vascepa and asked why he was prescribing me a statin? He essentially was sold on statins, wasn't listening to what IO was saying. And basically said that with all the supplements people are taking Omega 3, CQ10, vitamins, etc. people are spending more on supplements to lower their cholesterol more than generic Lipitor, The script for Generic Lipitor was $15. My script for V for 90 days is $620. Been taking G Lipitor for 2 weeks now, no side effects except a little more joint pain. Conversely, my DES has returned. I'm ordering some Omega Via today to get back on track. The F***ing insurance companies need to be bankrupted. Only thing stopping V is money. Since its not a "Preventive" medication for cholesterol thanks to the FDA its totally out of pocket for me. Decent scripts today, NRx refills are up all others (L, & GL) are down.
Thanks Kiwi,
Darn, if I didn't know better you sound just like my doc. :D)
He said the exact same thing.
As for going on Statin meds, I'm not too keen on that. Anything that inteferes with any organ function, especially the Heart or Liver is just not right. Plus, the after effects. I know a lot of friends I know are taking Statins, when I find out they are I tell them they're taking poison. I'm just not there yet.... I'd rather go without it. Besides, I'm not sure Express Scripts covers it. They still haven't provided my HR Dept. with a list of their "Preventive" meds. Both parents made it to their 90's. My dad smoked 2 packs of Pall Mall's per day for over twenty years that I remember. He died @ 91.
So, your idea of diet and exercise is, cut out all unnecessary sugars, (darn.... no more donuts.... I work at a Nuclear Power Plant) and Homer Simpson is my hero... :D) Red meat, man.... no more Brisket or T-Bones?
So exercise is elevating your heart beat? Or just brisk walking 30 min to 1 hour per day? Thanks again, mate.... I love it....