Amarin Corp Plc (AMRN)

[Bouf]

STS—

If Amarin wins and there is an appeal, this would settle soon thereafter.

Any such appeal would be a huge long shot because this is a bench trial and the judge’s findings on inducement and obviousness are just not going to be open to a serious challenge on appeal. The lawyers for the generics will have to advise them how futile it is. They will try to salvage what they can from the leverage they have from the delay factor. Amarin will throw them a bone to get it over with, and retain the value of the district court’s decision as precedent.

B