Amarin Corp Plc (AMRN)

[heysfguy]

I posted a long-winded status piece, only to find that in the intervening time, a "settlement" had been reached.

That may be so, but it is up to the court to approve the settlement.

Given that the settlement involves on-going adjudication by the Court for future disagreements by Amarin and FDA, I think the Court may reject the settlement. It's like saying, if we have any disagreements about the settlement, we'll ask you to get involved again.

No dice, I think.

If anything, the settlement confirms my belief that Amarin couldn't get FDA to provide enough assurances of off-label promotion for a wider range of uses, so it punted -- it came up with this highly doubtable "settlement" and is hoping the judge rejects the whole deal and makes a Permanent Injunction.