Amarin Corp Plc (AMRN)

[raistthemage]

How does Amarin benefit in any way from dropping the appeal and thus losing the ability to sue the FDA in federal court for break the SPA?

They have lawyers on staff they have to pay anyway.

They do have to wait for the appeals but so what... its likely to be less time then it takes to complete reduce-it. The FDA's word and goodwill are absolutely worthless.

I don't see how this could be lost in court other then whatever big pharma that is involved outright bribing or blackmailing whatever federal judge (which is a very risky and iffy proposition because judges are guaranteed an upper class life anyway and the only way they can lose it is via being caught doing something like that).

I also don't understand how the SPA is not a contract, I looked up the difference... it basically says that agreements are "informal" and vague whereas contracts are formal and specific. The SPA is many things... but it is not informal.

http://contract-law.laws.com/contract-law/contract-vs-agreement