Amarin Corp Plc (AMRN)

[rafunrafun]

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Wanted to share the following message I received. This person is not on as IHUB. If anyone has follow questions, let me know:

I met with Nippon Suisan (“Nissui”) last week. They’re the biggest EPA producer in the world & supply Mochida Pharma w/ EPA for Epadel. They’ve got a huge new plant (420 ton/year in EPA capacity) waiting to supply $AMRN. Because their main business is catching & selling fish, they’re the lowest cost producer. This was after I spoke w/ $AMRN’s CFO, who said gross margins could reach 82% eventually. At any rate, it appears like Nissui is preparing for FDA inspections, which means they’re close to getting tapped by $AMRN. When this happens, I think $AMRN will have much lower production costs for Vascepa, as Nissui will supply EPA at a much lower cost. Don’t think the analysts covering $AMRN are modeling this in, so next year’s profits could be way higher than consensus estimates.