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cbb@ Great post - 100% logic that Vascepa should be a the center of solving/easing Covid longtime effects for CDV patients - as you strongly point out :)
And again - Come On Amarin: 'Get into the Game' - not missing the chance of a lifetime for this Great Drug - helping CDV patients'
hankyp@ Nothing worth fighting for is ever easy - as you put it.
But when JT ever chance he gets ' is talking about helping 'Shareholder Value' (and I believe he actually means it) - management of Amarin needs to come out of the bushes - and tell the world 'Plan B - C - if En Banc fails.
WS - needs to have 'something' to move the SP - and until now there has been absolutely 'Nothing' - besides perusing the Law process of Appeal.
Going publish: - Telling the world again' and again' what a fantastic product Vascepa is 'first approved of its kind' etc. and announcing full steam on BO / BP partner in Europe (rest of World) (I'm not talking DTC) - Public announcement's - like we have a number of investment banks working on Buy Out - to get Vascepa to the World fast as possible.
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Everything announced above - is absolutely FREE. It is just feeding BIO Press - and Economical/Financial sites with News - Costs Nothing, but would have a chance of putting some 'hope' in the market for AMRN - make it a Stock to consider for investors.
And of course 'there should be reality behind the information also' - GIA in Europe is madness - everybody knows it. And putting full steam on a BO deal - is no risk at all for Amarin - in the end they themselves decides if they are going to sign a deal with a BP company - No Risk - just positive waves to send to the markets - this Stock might be worth - times 4 - 8 tomorrow - 'dare you wait to get in'?
To Amarin management: - Your Stock is in the market - 'Play the Game fellows' :)
rose@ I'm as involved as anyone - in how my future as 'not as young as I used to be' - OLD in short :)
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I know there is many here that has really big number of shares (90 - 100 - +200.000). I'm not in that category - but still my future opportunities hangs on what happens to stock of Amarin - like many other investors here.
Let me put it like this: This Damn company better get their A** Moving. We don't have time to wait Years for things to happen.
And as with everything else in modern world, as a Business your product will never be more valuable in the future - chances are that competition passes you - if you don't forges while the iron is hot.
Amarin does (from the outside - no information) seem quite paralyzed - after rulings. But of course no one knows for sure - what is going on. We can hope that management actually are working on BO or Partner for Europe plan. That's surely what they should be doing right now - given the very small chance of En banc success.
Again and again - good news - in trial results (and SP does not react - or actually fall's as today most of the time)
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The company has ever since marts 30. ruling been caught in a bad circle - that for a brief moment 'leading up to appeal' made a small move - but very fast sent back to suffering by CAFC judges hardly looking at the case.
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You do have to pinch yourself in the arm - at times - trying to understand how a 'fantastic positive scientific invention - like Vascepa - can end up 'pulling thousand of loyal investors into to property (or close for many). But never the less that is what happened as a result of one 'non science educated' Judges ruling.
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I said it before - if 'T' wins the election - this story 'one form or another' has to be brought to White House and best of Fox News reporters. It will not be aloud to die.
If 'B' wins USA's economic will 'be washed to the sea' China will take over the world. Nobody will be able to afford other than bad generic copy drugs (half there already - bad drugs with often les of the active substance than Brand - soon as FDA approved). In that case neither Vascepa - or any other new invention in USA will have a chance of going anywhere.
Ok - Just noticed only the 3 valuations at the top is relevant for today (rest is from earlier this year - a diff story all together).
A bit misleading - sorry for that. So it fully correct that for now it's
Louis Chen that's the positive story with $21.
HK@ There i actually still a number of analysts (not being noticed much) having takes above $20 - and even $30:
Scroll down the page to see valuations:
https://finviz.com/quote.ashx?t=AMRN
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You also working of where to go for Amarin (and where not to go)
Hope that:
1: Ideas/thoughts will be noticed at Amarin
2: Even better - that Amarin is in fact already working on plans (negations for BO - partner deal) to get things moving to get Vascepa to CDV patients of the World :)
rose@ Thanks - but have to say that there are a number of people on the board - including yourself - that would be much more qualified for such a position :)
rose@ It does become more and more obvious - that management simply has no plan for the future - at all.
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JT after loss Marts 30 - If generic get approved (and loss of appeal) - full stop to marketing USA.
Of course there is still the small hope of En Banc hearing being granted - even I'm beginning to get the feeling that CAFC 'drags the information' - keeps Amarin waiting - simply to hurt the company even further.
Judges have full immunity - and are in reality 'Gods' - that can not be touched. And for what we have seen so far happening in the 9the Circuit courts - its hard to see any support in understanding that the wrong ruling is based on fraud from generic defenders - this late in the process.
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That leaves Boy Out - soon as possible - before EU approval - as CBB and others have pointed out again' and again'.
Where we are that does seem the only thing that can/will move things for real.
If En Banc fails - a liable plan could be:
1: Stop all expenses for marketing US (building free market for generics) - meaning salesforce gone - no DTC - as JT said Amarin would react.
2: Run the US market Brand - 2 - 4 years (using every means to sue/stop generics for infringement). Later go AG in US to compete with generics.
3: A BO / or close Partner deal (with arrangement for a later BO) soon as possible before EU approval (No GIA Europe - would be a disaster - take years and years - to get moving).
4: No Form 4 for ANY - Amarin Management/Staff - before SP has passed $25 - 30.
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Feel free to Add / Remove inputs - To stop total passivity and Move forward for Amarin - to the good of both the Company and Shareholders.
xblk@ Not encouraging outlook for Amarin - from JPM. Valued as it stands hard to see the stock going anywhere (ever reaching double digits).
Reality is that Nevada wrong ruling 'killed Brand Vascepa' in USA.
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What could/can change things - make SP/Value for Company and Shareholders move North 'for real' again.
1: Patents restored by CAFC after En Banc.
2: Buy Out by Big Pharma.
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Just about everything else - will be sitting on what DM calls 'Dead Money' going nowhere. Somewhat depressing on 'a seriously red day' in the Markets.
HK@ Thanks - as ever straight to the point.
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What is always the problem with these science diagrams is' that +90% of population does not know how to read these documents (or are even given the chance).
I know you 'do everything possible' to make it as Simple and Understandable to Lay people - like me (and I think understand the basic of it - while being in this forum a lot).
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A very Visual and Simple way 'spelling out - to lay people' - Why Vascepa - is lightyears ahead in CDV treatment compared to Lovaza - would be good - if that is even possible to do/make :)
Capt@ Thanks for settings straight - why Vascepa - is much different from Lovaza (spelled out for Lay person - like me) !
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And as I have seen people point out here in this forum. - Amarin (marketing department / sales force) ought to go trough all internet information on Lovaza (and adds from sales sites) - and ask them to correct these misinformation (treat to sue if necessary)
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Looking a the site I quoted from - as of now you do get the impression - that the 2 drugs is almost similar in function - also regarding CDV issues.
gozips@ Sharp noticed LOL - lets hope not :)
One of the best films ever - eye :)
invest83@ Your picture with the feather airborne - reminds me of the start of Forrest Gump :)
Will Vascepa ever become an adventure like that ?
Right now trying to understand the difference between drugs Lovaza and and Vacepa (not enouncing R-I trial indication).
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Under here how the two Drugs is descreibed at BLINK HEALTH:
About Vascepa
Icosapent ethyl is a type of omega-3 fatty acid, a fat found in fish oil. It is used along with a proper diet to help lower fats (triglycerides) in the blood. This medication is thought to work by decreasing the amount of triglycerides made by the body. In addition to eating a proper diet (such as a low-cholesterol/low-fat diet), other lifestyle changes that may help this medication work better include exercising, losing weight if overweight, and stopping smoking. Consult your doctor for more details.
Icosapent ethyl is also used along with certain medications ("statins" such as atorvastatin, simvastatin) to reduce the risk of heart attack, stroke, and certain types of chest pain that require treatment in a hospital.
About Lovaza (Generic)
Omega-3 acid ethyl esters, a type of fat found in fish oil, is used along with diet and exercise to help lower levels of a certain blood fat (triglyceride). It may also raise "good" cholesterol (HDL). In general, this drug is used after your blood fat levels have not been fully controlled by non-drug treatments (such as diet changes, exercise, decreasing alcohol intake, weight loss if overweight, controlling blood sugar if diabetic, and regulating your thyroid hormone levels).
Lowering triglycerides and increasing "good" cholesterol may help decrease the risk for strokes and heart attacks. Omega-3 acid ethyl esters are thought to work by decreasing the amount of triglyceride the body makes.
HK@ Very powerful presentation of the scientific truth - as always.
The figure of how the disaster trial ruling literally 'Killed' the Brand of Vascepa - is no exaggeration.
Capt@ Thanks for Sunday Course on the Marine historie and more.
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Being a Lay person in Bio World - you kept being surprised of 'the number' and power' of the Generic Drug business.
Copying Brand owners invention in drugs has in a rather short number of years exploded into a number of Monsters Businesses like eg. Hikma and Dr. Reddy. Just see how many actually produce and sell generic Lovaza.
https://www.drugs.com/availability/generic-lovaza.html
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A question to Tuccaman and Raf - regarding weekly script numbers ( Vascepa - Lovaca):
1: Are the generic scripts counted in (being labeled Lovaza) even though they are called all sort of different names in the market.
2: Where to see prices of generic's compared to Brand Lovaza ?
Cardio@ I live in Northern part of Jylland :)
Earlier post about me and wife's beach house location:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158705324
Have a nice Sunday
Jasbg
LOL - Your Welcome :)
cardio@ I observed - your Good and Serious in your pro. work in BIO.
I respect that a lot - so no more OT subjects that's not relevant on this board :)
sts@ Second that - fun at first - not any more.
So Meo - None' or new Gif - please :)
Old timers here will know story's like this one - but for many latecomers like me - it's interesting to learn about the story of also Lovaza - which seem to be linked to Amarin - the two drugs both aimed at lowering trigs - at that point in 2014.
I did not know that Lovaza is in fact a GSK product - released as early as 2004. In link below - Teva have just gotten FDA aproval for a generic Lovaza 2014 (Amarin also effected/mentioned).
http://www.pmlive.com/pharma_news/teva_launches_first_generic_of_gsks_lovaza_in_us_559273
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To finish history input - here something to cbb's (and others) augments - that company should have been sold - BO - after Approval December 2019. This article says the same at the bottom section.
http://www.pmlive.com/pharma_news/fda_okays_amarins_vascepa_for_cardiovascular_risk_reduction_1320205
funny@ It was not meant to be seen as News - merely as good links to lot of 'selected' information on the drug - and drugs general.
Sorry if I made it look/sound like New' News :)
News of Generic Vascepa - is out - Stores are waiting:
A generic version of Vascepa has been approved by the FDA. However we either do not have pricing information for it, or it is not commercially available. More info: generic Vascepa availability
Should maybe point out - that the Org. case Amarin vs. Hikma/Dr Reddy was in District of Nevada:
https://en.wikipedia.org/wiki/United_States_District_Court_for_the_District_of_Nevada
Appeal in CAFC 9th Circuit September 2. 2020.
Meo@ You 'shoot with sharp ammunition here' - and is 'sadly' Right - it isolated is not JT's fault - the faulty ruling - that killed the stock.
What in hindsight has been pointed out here numerous times is the absolutely 'in sane' choice of 9th Circuit. The most liberal Court in the USA. Just about any other court - the outcome would have been in favor of Amarin - and the world would have been a much different place for Shareholders.
In both 9th and 6th - scroll down to see who appointed the judges
Explains eg. why the 9th Circuit have been at war with president T all the way.
https://en.wikipedia.org/wiki/United_States_Court_of_Appeals_for_the_Ninth_Circuit
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The 6th Circuit is a completely other ballgame - again scroll down and see who appointed the judges.
https://en.wikipedia.org/wiki/United_States_Court_of_Appeals_for_the_Sixth_Circuit
Jasbg
NB - the complete list of Circuits:
https://en.wikipedia.org/wiki/List_of_courts_of_the_United_States
Map of Circuits - scroll down (click pic left)
https://en.wikipedia.org/wiki/United_States_courts_of_appeals
BB@ Think I understand - you meant 'talking Law' :)
The light not always - 'that bright :)
For every major event in live of individuals - or life of companies - there are Windows of opportunity.
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For young boys and girls - Windows in teenage years - can follow you rest of your life (positive - negative) in relation to partner (not making the right move - when opportunity was there).
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No different for a One Drug (vulnerable) Company like Amarin. You have to Move when 'time is right' or you will be overtaken - and loose value.
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Amarin and current management 'have tried' to be market darlings' - in weeks after Reduce It trial announced September 2018. The value of company and SP just vent up' - and up' - something above 700% at the top.
Here was the WINDOW - for selling to Big Pharma - as many have pointed out in hindsight. Had the company been sold in a BO at that point to BP - the sales today could have been +500% easy' - and the SP would have been $80 - 100 - where many expected it to be today.
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Well - BO in the PERFECT Window - did not happen (you did not score the dream girl/boy of your life) - life vent On.
But even you did not made 'the perfect score' (personally - company) - marrying the 'down to earth reliable partner' - in the end maybe saved you a lot of heartache later in life :)
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Here is where the analogy becomes challenged'. Can only hope Amarin now Understand Reality - and 'given the next chance' TO MOVE - at the right opportunity - company will do everything to make sure that Vascepa is 'Brought to the World' - while at the same time rewarding Long time Shareholders - for their support for Years and Years :)
Jasbg
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Raf@ For now - No News is Keeping Hope Alive - over the Weekend :)
Not exactly party time in Europe though' - Covid coming back (2nd wave) with rising numbers infected - in almost every country.
BB@ Just out of curiosity - what is' your native language ? :)
CBB@ We have been here before - Sharing Frustration - on the endless lost opportunities missed by Amarin management.
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Every day right now 'Long Retailers' give Up - on JT and Amarin. Only thing they managed to 'get through' 2020 was securing themselves 'further' with big Form 4 Bonuses.
En Banc will +90% be the usual disappointment for shareholders - and still there is 'No plan for Europe' - No 'real' indication' that a BO is being on the table.
You have to wonder 'what is actually going on' in management offices of Amarin - 'ANYTHING ? ?'
Whal@ This is portraying 'Realtime Business' - that will Work !
Hope you have past the males on fathers side in age :)
Meo@ Agreed - please find another animation - I'm getting dizzy looking at your guy :)
About the Amicus brief from BIO:
Thanks to Anonymous.
Anonymous - 1 hour ago
Who is Biotechnology Innovation Organization?
BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations.
BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products.
BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world.
Hopefully the courts will look at their amicus encouraging clarity of the judges decision and relook at Hikma/Amarin ruling.
Great article from yesterday. If already linked here - no harm done :)
https://www.tctmd.com/news/icosapent-ethyls-benefits-consistent-patients-prior-pci-reduce-it
louie@ I so understand your frustration. And even the most patient and loyal Longs in AMRN - is being tested 'Every Day right now'.
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It is very obvious what is going on. Low volume 'for 'months and months' - No Active VISIBLE signals from JT and Amarin - to take action to support Shareholders 'For Real' - meaning BO - or serious close deal for BP EU partner moving forward.
This 'Is Depressing' for Long shareholders - no way about it. Just waiting for En Banc - to be 'shut down'. No signals of a plan from Amarin 'On how to restore value of Company'.
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More and more Long Retailers 'simply Give Up Waiting - and SP is again 'A Joke' for this drug.
PS. Possibly some combination of Banks/Hedge Funds/BP's - is 'playing with SP of Amarin'. Almost to Easy with the total passivity of Amarin management - not to 'help the market a bit' keeping this potential Statin competition - completely under ground.
louie@ LOL - I have a feeling both you and sts - will still be here - When the Vascepa Wave hits - For Real - before long :)
Pinks ?? you always feel - there's a reason' why they are 'not in the Real Markets'
sts@ Pinks . is where Wolf of Wall Street made his billions - eye :)
Rather entertaining film - but investors 'got cleaned out' like sheep - every time :)
https://www.imdb.com/video/vi2312218649?playlistId=tt0993846&ref_=tt_ov_vi
postes@ All The Best to you too !
Are you moving 'chances' to NWBO (don't have to tell of cause - but it would seem an option - given how that behaves today) :)
Jasbg
invest29@ That is indeed an exiting article. I would go as far as calling it Revolutionary' in the assessment of how WHO and health authorities WW has handed the Covid-19 pandemic.
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Right from the start it has all been about the NUMBERS - 'thrown out in the air everyday' (still is) - so many new infected so many deaths.
Not aloud to call out the cynical killers of Chinese Regime backed by WHO (not warning the world).
Not aloud to inform population about the simple solution of HCQ and Zink (Dr. Didier Rault - Dr. Zelenco) - even this treatment 100% have saved the big majority of the risk patients that has survived WW.
No official information in USA and Europe 'AT AAL' (after the Big Scam 'of scaring health personable away from HCQ) - with what drugs were the sick risk patients actually treated in the Hospitals.
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A lot of Institutions (influential people) will in Hindsight have to be held accountable for this 'Very - Very Overblown / Improperly handled Disaster for Planet Earth.
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The role of Big Pharma in all of this will hopefully be exposed to avoid future disasters.