Amarin Corp Plc (AMRN)

[SonamKapoor]

Ziugis: AMRN was trying to have ALL DS (dietary supplements) blocked from being imported into the US through the ITC. The FDA does not consider fishoil to be a “drug” - it’s a DS. So, this was an attempt to go around the FDA by having the ITC effectively block all imports of DS into the US.

I figured Joe Kennedy, AMRN’s General Counsel, liked the intellectual challenge of attempting to get SCOTUS to hear this. I get it. But, this ITC case was the Mother of Hail Maries all along as I correctly noted last fall.

This means status quo in the marketplace - fishoil will still be a DS. Vascepa will still be a branded drug.