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Possibly ... but the first step is competent management
Supreme court interns see big bonuses -
https://www.foxbusiness.com/money/supreme-court-clerks-regularly-offered-400k-bonuses
did Du's interns get a bonus from Hikma ?
"Biotech Startup Decimated by Judges Misunderstanding of Basic Statistics"
Here is a list of editors for "Nature" I suggest we each contact them regarding the travesty that is AMRN https://www.springer.com/us/medicine/contact-us
We need the WSJ to publish an article "BIotech startup crushed by Judges lack of scientific capabilities "
post 299045
It not the docs it s the insurance company I submitted three appeals after initially citing the REDUCE IT study etc - the modus operandi of insurance companies is to unnecessarily complicate the system for anyone trying to extract resources be it the doc getting paid or the patient needing care - most docs dont have the time to play these games and simply go along with the insurance company - this is where AMRN screwed up even before REDUCE IT - no preparation of coverage with insurance companies prior to launch - very basic - and they then rpt the mistake after REDUCE IT
As I warned several years ago - insurance companies continue to substitute generic lovaza for Vascepa. Unbelievably they are currently doing this despite patients meeting REDUCE IT criteria . I spent over an hour getting one prior auth through after multiple appeals - no physician will do that
Perhaps one of the better writers would consider an op ed in the WSJ
"Judges with no understanding of science destroy biotech startup"
http://www.wsj.com/articles/op-ed-guidelines-for-the-wall-street-journal-1483740089
Question to lawyers - is there any way to patent statin /EPA combo - this combo would not be deemed 'obvious' by the courts because there was no REDUCE-IT results - it would be clear that a med such as this is being used for REDUCE IT indication and not simply for very high trigs. Thus when a doctor orders it the pharmacy cannot instead give the patient two pills a statin and generic EPA - THis is where the involvement of big pharma is needed.
WHat AMRN really needs is a WSJ article entitled :
"Judges who don't understand science destroy small startup pharmaceutical firm "
SO true ...I have made money by doing the opposite of what this board posts ...playing in the scam is possible ... but only if you are a contrarian
The only logical course for AMRN is to sell to BP to produce a combo statin / EPA med that BP can then market to the masses and beat generics at their own game - unfortunately AMRN share price will not be substantial when this happens - but having jumped in at the $4.xx's its a money maker for me
LOvaza's original labeling indicated a 49% yes that is correct 49% increase in LDL - they will initiate the very cardiovascular disease they are trying to prevent when used for trigs <500
Vascepa indication in REDUCE-IT - to use in addition to statin - BP will at some point make statin / vascepa combo - they can use Brand name or generic EPA - it doesnt matter to them - it does matter to AMRN ....
THis is the point that I brought up two years ago - insurance companies will demand substitution and the pharmacist will do it - period .
Thero needs to eat a lil humble pie and contact the CEO's of several BP companies and request instruction on how to handle this situation - he needs a mentor now more than ever but does not recognize such. My guess is BP is not even aware of most of what has happened and many CEO's of BP would offer him some guidance. I'm in at $4'S
Get a floor sander .... done in two hours
Once again, as I pointed out over two years ago - this board keeps spinning into your own little world ... this caused many of you to lose a lot of money - here are the hard cold facts as I stated two years ago. Doctors pharmacies and INsurnace companies will use generic off label and there is not a damn thing you can do about it .... having said that I think the stock is now a hold to buy ...
History does repeat itself ... Previously I discussed Vitus Bering and the savants but let me give an example for your side - although this fiasco does not compare consider what happens when you dont allow science to speak for itself. The Russian geneticist Trofim Lysenko probably killed more human beings than any individual scientist in history.
Lysenko was a strong proponent of soft inheritance and rejected Mendelian genetics in favor of pseudoscientific ideas termed Lysenkoism. In 1940, Lysenko became director of the Institute of Genetics within the USSR's Academy of Sciences, and he used his political influence and power to suppress dissenting opinions and discredit, marginalize, and imprison his critics, elevating his anti-Mendelian theories to state-sanctioned doctrine. Scientific dissent from Lysenko's theories of environmentally acquired inheritance was formally outlawed in the Soviet Union in 1948. As a result of Lysenkoism and forced collectivization, 15-30 million Soviet and Chinese citizens starved to death in the Holodomor and the Great Chinese Famine. (WIkipedia) Russian genetics was set back hundreds of years.
6 US Patents granted by the patent office have been invalidated. If the US Patent office were a private sector company they would be sued for malpractice . Now that generics may rob intellectual research we will see significant decline in start ups offering to risk such. The Legal system now purports to have a better understanding of the science involved than Dr. Bhatt, Brigham and women's, Harvard, ACA, ADA, NEJM etc all of which concluded that no POS would have realized the value of EPA. Lawyers (JUdges) should not be ruling on scientific matters unless they have degrees in such .
ahhhh yes .... any more crude comments anyone wish to direct my way ...cause I'm laughing a lot today (but I do feel badly for some of you who were polite honest and lost out - so very sorry)
Hmmm ... seems to me about two years ago some one mentioned on this board the possibility of generics ...... can't remember who that was
YEs you have hit the nail on the head - this board is a cult unable to accept contrarian opinions living in their own realm of beliefs - for some of them I feel badly - but most are just playing this scam for all its worth - just play opposite of what they believe and you will be able to make money -- that's what they are doing behind the scenes
Hows that AMRN thing working out ? hmmmm into the 5's
So you believe that 1% ers should pay more ?
If you deviate from "standard of care" and something goes wrong - even if it s just the natural course of the disease about which you can do nothing, there is a very good chance you will be sued (as thus far no one has been able to sue God) and accused of "experimenting" on poor unsuspecting patients - 'dont buy lottery tickets - just sue your doctor or any business you can find'
You really think they give a damn what you or anyone on this board thinks --- this board is the absolute zenith of unmitigated hubris with almost no realization that for the most part the rest of the world doesn't know of their existence or care about their opinions
Slip sliding away ...slip sliding away ....
Nope - the manipulation of sentiment is .... Like I said I made a lot of money when I got out ... feel bad for those of you stuck in the scam ...
Yes they constantly delete my posts - as I have said all along this is a scam - on a large scale - I feel bad for people who bought into it. IF you lost a lot of money than I suggest you closely examine that angle. I cant complain because I got out and made money ...
They are all playing in the scam ...dont you see ...
hee hee do we hear $5.xx ????
IBM not patenting the operating system and letting Gates do so
Can't be true .... VASCEPA CURES EVERYTHING !!!
Wow ...I am amazed at the amount of discussion law suits time and money lost over generics --- you think someone would have thought of this possibility at at some point prior to this .......
Oh my ... a generic has been approved ...who would have thought ...my oh my ....
...filed bankruptcy to pay all the boards inflated salaries and bonuses
Ahhh yes now you are understanding - I tried to tell the board this a couple of years ago - no one knows what vascepa is most docs dont - 1700 followers ...hilarious
Ya think ?
I switched my investment about two years ago by one letter ...went from AMRN to AMZN ... so glad I did ..... too bad most of you are in such a mess ...oh well Vitus Bering died because of listening to the savants ...most of you just lost money ... so no big deal