Amarin Corp Plc (AMRN)

[lowlevelowl88]

Thanks TTE, great points.

Personally I think given the number of potential suitors, the incredible market size, and the profile of the drug (including the treat-not-cure-so-take-it-forever element), JT won't need to entertain a fire sale or perhaps even difficult negotiations. That's not to say someone won't try, but AMRN obviously holds the prize. And while it's certainly not a walk in the park, any attempts to make *this* label expansion appear difficult are just scare tactics, IMO.

I'd like to see a little more than $40/pps up front if CVRs are involved, but if the bid ask spread continues to be too big, and we don't see a legit rumor create a TSRO-like climb to facilitate a deal, then that may be required to get the deal done.

I wonder if it might be in the interest of a truly interested party to make a bid, even a lowball, and then leak it themselves to get the ball rolling and test the waters for outbidders...