Amarin Corp Plc (AMRN)

[rosemountbomber]

Fishy, a couple of thoughts.

First about Sears, he is not a medical doctor and his job is to run his business(s). Good description at Wiki here:

https://en.wikipedia.org/wiki/Barry_Sears

He was a research instructor at Boston U. and a staff scientist at M.I.T. - didn't graduate from either.

With the money Amarin spent/is spending on Reduce-It you highlighted how egregious the whole Anchor/Adcom debacle was. There is no way if from the outset Amarin knew they would have to run Reduce-IT to completion with Anchor on the label that they could proceed alone let alone investors pony up for the exercise.

Getting Anchor after 60% enrollment (as was the deal in the SPA) would have paid easily for the Reduce-It costs and so prior to the disastrous Adcom all three paths (GIA, partner, buyout) were relatively viable but that is why since Adcom we are scraping the bottom with the stock price as the financial situation is not pretty.