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Monday, December 21, 2015 10:45:17 AM
JL, I used few of your comments and emailed IR. Below is the reply i just received;
"Following the preliminary ruling in Amarin’s favor in August 2015, the court was notified that FDA and Amarin agreed to explore the possibility of settlement in the case and requested that further court proceeding be stayed during these settlement discussions. Both parties previously requested that these proceedings be stayed until December 16th. On December 15th, a joint letter was filed requesting additional time to continue settlement discussions and requesting that court proceedings be stayed until February 17th 2016. That settlement discussions continue to be ongoing is not deemed to be a material event and in a previously posted FAQ, the company indicated that it would not update on the suit until a settlement had been reached. It is worth noting that we continue to be able to promote Vascepa under the terms of the judge’s prior declaration as settlement discussions are ongoing."
Well, mmmm, thx for the reply. I had no idea about what is mentioned (sarcastic for sure)
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