Amarin Corp Plc (AMRN)

[KCSVEN]

That is based on absolutely nothing. Amarin management has made several comments that make it clear they expect approval and on time. The company is not preparing itself for delay, if they expected a delay, they have 200 million dollars in the bank, they would not raise now, since we know they expect approval any delay would be unrelated to getting approved so why would they raise money and start hiring if they thought there was a delay coming? Anything is possible but management obviously believes no delay and approval, THAT is what the raise indicates.

Once they approve early or on time will be seeing the next group of posts on the generic court cases, then when that's resolved we will here about government intervention in drug prices....in the mean time the price will steadily head higher.

If they raise again in the future it's for rapid growth/acquisition reasons. Since they continually stated in filings they needed more capital if approved for expanded label we can at least be happy that it is behind us and won't kill the post approval momentum.