Amarin Corp Plc (AMRN)

[heysfguy]

NCE suit has become a necessary action, I believe, because NCE has some meaningful impact on the value of the company. If so, the directors may have a fiduciary obligation to sue to achieve that inherent value.

Regardless of past management statements that downplayed the factor of NCE relative to SPA, they still have to recognize its importance to the overall success of the company.

Another reason to believe the NCE suit may be important is the potential impact it may have on the SPA appeal, should the judge rule in favor of Amarin's NCE complaint. If this happens, I believe the FDA will be even more motivated to re-evaluate their decision on the SPA.

So Amarin may well have a number of good reasons to spend money on the NCE suit.