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Re: rafunrafun post# 46607

Friday, 04/03/2015 12:37:05 AM

Friday, April 03, 2015 12:37:05 AM

Post# of 426490
Raf
An example of a contract

Amarin will pay all the FDA filing fees enroll and pay for a large double blinded clinical trial named the Anchor Trial , the design and scope of which is approved by the FDA, to show that Vascepa lowers TG's without raising LDL..

Should this trial prove Stat significant successful ..ie meet the predetermined qualifications for being considered successful by both parties , then the FDA will approve the use of Vascepa for the lowering of high TG's without raising LDL.

Should the FDA refuse to approve the use of Vascepa for lowering high TG's without raising LDL...after Amarin has met their obligation of paying for and completing the Anchor Trial as per the specifications agreed on by both parties ...the FDA will be required to pay Amarin all the costs of their Anchor clinical trial , refund all their filing fees and pay all their legal fees associated with collecting said payments

Thats a contract .
Amarin had an agreement with the FDA , not a contract

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