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Louie@ You yanks are a bit to wild' for us boring Scandinavians :)
Monk@ Thanks - for incurring words. Good to hear that V really helps you - on the back of some hard times fighting health problems.
And yes - the day will Come' for Amarin and shareholders - for sure :)
Jasbg
Monk@ I just realized - I'm starting to sound like dm***er - I think I better go shoot myself (only I don't own a gun like all the wild US guys).
Are having a bad night - where the many hits from AMRN earlier - is running in the back of the head.
Lets hope I'm so very wrong and SP will keep going North. Actually I use to be wrong a lot - so odd's not so bad for positive development :)
Monk@ This is the third legal decision we are waiting for since spring of 2020.
Every time there is a built up of hope (cause we are all involved - and anything but neutral).
And even the chances 'everyone knows' are slim - with all the talk of the Amicus letter and the collecting of money (which I supported) I see it happening again - even odds this time are very bad.
So if refusal of En Banc - hits the markets as the prior two lost cases - Question is to what extent the reaction (where we are there is not that much to fall from) - but I would expect SP to go back somewhere around $4.
You can then hope It will start rising slowly again as before but that's another story.
Everybody agreed with a possible reversal on Appeal September 2. the SP would have soon been close to $20 again.
As it is now (company keeping everyone in the dark) $4 - $7 for the next months at best - if nothing drastic changes (as eg. unexpected En Banc granted).
louie@ Sorry it was you with 'the weird sounds' :)
Of Coase he's right - the rise is good. But it is the BIG UNAVOIDABLE LEGAL monster creeping in on us I Fear. And chances to avoid it is close to zero - according to Markman.
Have to admit - that Markman article - did put me back in reality tonight. And reality with AMRN and Amarin - is usually not good for more than a few weeks at a time.
BB@ Maybe not the most diplomatic letter I have ever read - but meaning is clear - which is what matters :)
Lets hope JT gets the message - and set legal team in motion !
Sorry Marjac - BB: Correction to plan B or C or D
Not Ambitus - but Amicus letter :)
ralp@ As usual for what has happened to Amarin since September 2018 - the timing is not the best.
I'm pretty convinced your President rather 'tied up' right now - so I guess we have to wait till after election - and hope he's wins again (which i personally think there a 'better chance' than our En Banc - that he will do).
5 days after that we start working on help from the WH. BB organizing making a YouTube video - with inputs from the brightest minds here (and here the big work by Marjac on the Ambitus letter could/can - come into play (if En Banc fails). We just have to hope that T wins again - then this surely is worth a try :)
https://twitter.com/realdonaldtrump
We send the carefully worked out YouTube video (HK - JL on the science - Marjac - Eight on the Law stuff - and possible other of the many bright minds here contribution).
Then when we know Video correct uploaded (testet of the board - corrections made for possibly improvements).
And on second thought the whole damn story of Amarins torments from the start - and the brilliant lifesaving drug (like the adventure of H.C Andersen's 'The ugly Duckling') that came out on the other side in September R-I 2018.
Ideally the YouTube video (might be in more parts 1.2.3.) should make every WH member say to himself - 'I have to take this drug' (and he - she - should - we all know that to be true here).
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Got a little carried away here - but there could be something to work with - even after an unfortunate EN Banc refusal.
And It would be an 'everything to win' situation. But 'the story cut in the right fashion - Vascepa is an adventure - in itself - with the enormous potential for helping defeat far to early CDV deaths - the biggest killer of all WW.
Jasbg
PS. When the YouTube 'Super presentation of Vascepa and Amarin are ready - on a given decided day - everybody from the board tweets - the WH - to please see the linked YouTube video - and take it to Potus and his Legal advisers - to hopefully help secure Vascepa for the American population for the long-term future. Just have to hope he wins - or the plan is no good :)
zman@ I'm no legal expert - but I don't see this case going to the Supreme Court. There is between 5.000 and 6.000 patent cases in the USA every year.
I'm afraid that in the big picture of things - this is sadly a rather banal case - looking from the High Courts of your big country.
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If we 'lose again' (3rd time) in En Banc - I actually think there would/will be a bigger chance to find help in the WH - if T wins in November.
As a big supporter of your president I have sent several tweets to the WH over the T period - and my impression is' that it is actually possible to 'get a message through' if you have a good case. Look at Dr. Zelenco - he got through.
But Ok admit - It's probably most the desperate thinking - of where to go with this - if the 2nd largest Court in US Law system - rejects it completely again.
http://talksense.dk/category/trump
Monk@ Hope your right. But it becomes more and more evident - that as many have pointed out. 9th circuit was were 'the Amarin fate', in the US were inevitable shorted.
And what we looking from aboard have since learned is' that the Appeals court - CAFC - is possible even more political left leaning than the 9th.
So I have to give the guys 'calling out decision of the 9th as 'the self-inflicted' killer of US market'.
In the end there does not seem to be any way to restore this. It is indeed a sad story - on a lot of levels - for what used to be the Beacon of freedom and justice to the rest of the free World.
raf@ If Markman is to be believed - the En Banc is dead. I think we just as well start preparing for it - Sadly.
What's after that. A setback in SP to around $4 - maybe lower (explains all the calls) - and then WAITING - WAITING - WAITING.
As this is 2020 Corona Year - that is most likely what the near future will bring.
Will Amarin then react to move the SP - (BO) Big Partner deal - Europe. I don't think many here truly believe that will happen - but there's always hope - naturally :)
shadow@ Hikma has 690 products - already.
But that doesn't stop the greedy bastards from pushing ANDA's systematically - going after every small Bio company - trying to steel their products. These are truly modern Hyenas - as being said.
https://www.hikma.com/products/ - - scroll down the page - 690 products.
The real problem with that - is that it will (and already has - some 85- 90%) moved Bio factories and production to China and India.
If these generic thieves are aloud to continue (from US authorities and the Justice System ) steeling products - like Amarins - Vascepa - that has taken more than a decade to develop - costing hundred of millions in trials - then all development of new drugs in USA will come to a halt - as many here has already pointed out.
postes@
duke@ Thanks - great to know that people like this still exist. A bit funny that he is actually born in Ukraine - and orthodoxic Jude.
Under here another interview with him - and just for you to see beginning. I love the way he responds to 'why his parents as Jude's had to flee Ukraine' in the beginning.
About 2 minutes in - this guy has humor as well :)
Lemm@ Super talented guy - Thanks for that :)
He plays a 12 string here - yes ?
Lemm@ Did you see the video below with Dr. Zelenko. To me this is a story that holds the most truth and hope I've met anywhere in this bad year of 2020
Just to hear the story of what this guy has been through in his personal fight with decease is breathtaking. And still he keeps this boyish smile and positive attitude to life.
For me this is a true HERO - as big as they come. I know about the controversy of HCQ for anyone involved in Med business in US - so you don't have to respond.
But do yourself a favor and listen to this guy. He has 8 children - and still a racer sharp mind despite what he's been through in his health.
capt@ Thanks - As a lay person in Bio (and not being here that long) I'm running blind sometimes - sorry for that :)
rose@ Truth is that we're probably on thin ice - regarding the En Banc hope - and I sure don't like this option business (does indicate some insider knowledge/moves). But we just have to hope for the best :)
cir@ Thank for informing - I' wasn't aware of that. Does that mean that JT is not involved at all in these presentations ?
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Nice picture I found though :)
rose@ Seems to be this announcement:
https://finance.yahoo.com/news/unusual-options-activity-insight-amarin-141938736.html
Doesn't look to good for our En Banc hopes !
ralp@ Thanks for informing. Looks like it is not JT presenting this time:
These new findings, based on research or analyses supported by Amarin, are being presented in one Science at a Glance presentation and one e-poster presentation by R. Preston Mason, Ph.D., President and Founder of Elucida Research LLC, and Cardiovascular Division, Department of Medicine at the Harvard Medical School-affiliated Brigham and Women's Hospital.
Preston Mason, MBA, PhD, is on the faculty of the Department of Medicine, Division of Cardiology, at the Harvard Medical School-affiliated Brigham and Women's Hospital in Boston, Massachusetts. He is also President and Founder of Elucida Research LLC, a private biotechnology firm, in Beverly, Massachusetts. Dr.
postes@ Second that - fingers crossed :)
capt@ Your mail is talking complete logic here - to an extent that makes you question what actually goes on in the halls of FDA.
Why this fact is Not already 100% implemented simply beats al kind of logic and responsibility of FDA - to the population of US.
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The article were from December 19, 2018. And it does indicate 'just about total confusion on the subject at FDA (as I recall the FDA order to Teva 'to include an Updated Label' (just as insane) - happened in 2016.
postes@ What we learned in school on the 3 dimensions of Democracy:
1. We have politicians to make the laws.
2. Law enforcement/Police to enforce the laws.
3. Th Judiciary systems to take care of criminals and disputes in the laws.
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Today we have.
1. Politicians make the laws - and rule Judiciary systems.
2. Law enforcement's - fighting to keep politics 'out of their efforts to keep society safe and non-racist'.
Jasbg
HK - rose@ What do possibly put some gravel in the machinery is in post from yesterday - even it sounds FDA 'favoring generics big time':
Generics do not have to add new information (risk of afib and bleeding) to their label...
FDA withdraws proposed rule on generic drug labeling
https://www.advisory.com/daily-briefing/2018/12/19/generic-labels
cmm@ Encouraging and very informative post as usual - Thanks a lot :)
Lemm@ Not being a criminal - I newer expected my future (buying into a very promising small bio company) would end up being decided in USA by a group of old men and woman in black clothes.
But IT IS'
Always loved 'Power of Love' with Jennifer Rush - but our faith is being decided by the 'Power of Injustice' - for now.
louie@ Thanks - even Denmark is a small country we actually have 7.500 km coast and inlet lines - so here is a lot of beaches and beach houses - that especially Germans and Norwegians rents a lot for holidays :)
But it is not Florida - a couple of reasonably warm summer months - cold winters.
postes@ Thanks - I'll remember that when we are past $50 :)
Louie@ Not member - but Thanks - and yes we all should have spread investments more for sure.
But now that we have ended up here I too - as Rose says also - is going to see this through - for better of worse :)
I already have a small beach house - where I'm actually sitting right now at the North Sea coast in Denmark. The dream is to build a new house here and move here full time.
https://www.google.com/search?source=univ&tbm=isch&q=North+Sea+coast+Denmark&sa=X&ved=2ahUKEwjW5Yzo3J3sAhUJ9aQKHTFqAwkQjJkEegQIChAB&biw=1280&bih=631
It all hangs on JT and Amarin - so please get moving friends :)
Jasbg
louie@ I know a number of you guys have been here forever - third of your life - so yes I am junior in that sense for sure.
Problem in that' is that I'm in around 12.000 shares avg. around $13- 14 - so my butt has been hit a lot harder than yours :)
Let hope the future for Amarin will be brighter than past 2 years - would seem not that difficult to achieve.
Jasbg
retina@ 4,7 in premarket - this moment. It is confusing/stressing to be AMRN shareholder - and actually have been ever since RI September 2018.
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So many things all the way had seemed positive - for Amarin - and yet the SP have been killed - by this fault by US justice system.
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Latest the fantastic Evaporate results - completely drowned in Appeal loss.
Right now what would solve almost everything Once and for all - would be the patents restored - at an En Banc hearing.
Given the amount of 'bad luck' for Amarin and shareholder so far - I'll allow myself to hope for that the next 12 days :)
Who can beat Singer and Marjac - but hearing has to be granted. If that happens SP will explode for sure.
Jasbg
joma@ The close the door on the market in US they built since 2012 - it's not without consequences.
postes@ Even it hurts - I have to admit you have a number of strong points here. Like your $40- 50, that is music for sure.
You deserve to go have a nap :)
Later
Jasbg
double post. Mods please delete.
ratna@ Are you a law person - Lawyer something like that - just curious here ?
I'm personally as 'Lay' as they come in Law :)
Agreed. That's the difference between European codified roman law as opposed to Anglo-Saxon case law based on precedence... leaves a gap in one's legal defenses so wide open that a whole army could march through it
rose@ Where I live in Liberal media (these days - that all we have - in super red Denmark) - there are outrage over confusing info from WH yesterday about Postus condition.
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I have just watched some of the latest from Fox - and from what is told - we could have past day 5 - 6 of infection - the lung function gets affected. It would be typical for a male figure like the president to - be 'late' in accepting 'something is wrong here'
We just have to hope for the best - but there is oppositely directed information in the info from WH - which does raise concern.
https://video.foxnews.com/v/6197355056001
ratna@ It's complicated. Not only is it complicated - it is USA Law Systems - which is 'Hell On Earth' for small companies like Amarin.
exwan@ This is probarbly the most debated subject in the time I have been on this board.
"Why did JT and Amarin - not settle with HKR - to avoid coinflip in Law case" (as many called it. BB - postes - and others).
And in Hindsigt just about 'any deal' would have been better than Judge Du invalidating the 6 patents - but that's HINDSIGHT.
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Most people I know would be millionaires (at least) making decisions in Hindsight :)
Jasbg
postes@ Another of these endless IF - IF - IF debates.
As I understand it - JT told person posting on this board - that the chance to settle 'at any reasonable timetable' were never there'.
You tell me - why I should not believe him on this. He eelier had settled with Teva - and later did with Apotex - but obviously couldn't with Hikma and Dr. Reddy.
And from there it would be easy 'to talk conspiracy' (generic backdoors to the liberal judge etc.) - why HKR did not want to settle ?
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In the end it is a matter of personal Trust for every investor. Do you believe JT working to do what is best for Amarin or not.
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You can always argue for a new and better CEO - in bad times - or BO to 'clean up' the store. As I recall eg. JL had a number of stories (before marts ruling) - about promising drugs - that were in a BO - and from there 'simply disappeared in the market'.
So even BO from BP - things could land a completely different place than expected. In case of Vascepa - stepping the toes of the Worlds most lucrative Bio Business ever 'STATINS' - could have something to do with this company being 'haunted' as I've seen among others, Louie' express it.
That is in fact what Adam Feuerstein has been saying. When you as Amarin and Vascepa - is pushing Statin billions' and billions' earnings of Big Pharma - wouldn't you expect 'Opposition' (FDA delays - claiming I/R study - law cases - possible marketing manipulation etc.)
Jasbg