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Sunday, May 24, 2020 6:34:37 AM
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Just for balance I will try to 'see things from Amarins' offices:
Except for the actual Adcom meeting - just about every possible ofstacle has been put on the company 'ever since R-I autumn 2018.
1. The ever long approval proces through 2019 - in fact took all year. And it was very annoying delayed - from august to november in a late call - that completely took Amarins of guard - delaying plans for bigger sales force - and made the timing of the stock emission look hopeless (SP - fell from 24$ - to around 14$).
2. Then 'Finally' FDA approval december 2019 - Hurra ! And Canada - and Super Q4 - now SP will be/must be +30$. But NO' - for every good news SP fell. The stock havely manipulated - all the time kept under control IMO.
3. And lastly 'the Absolut Killer Move by opposition'. The 6 most important patens Destroyed by the judge - some nearly 2 months ago. The one thing that every expert said 'could not happen'.
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The truth is that the company - that has developed 'probably the most important 'Saving' drug in History' - is/has been 'haunted' for more than a decade. For every move the have made FDA - Big Pharma - has done everything in their power 'to delay' the succes of Vascepa. And we and Amarin are (as always) stil waiting - for the next barrier to be handled by the company. Again 'delay' - delay'.
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Now you could take the rational approach - as you very effectively does - in your input. And from a modern business prospective your are absolutely correct.
But as an old business fighter (been in a number - some won' - some lost') - I do understand the psykologi that must drive JT and other long time leaders at Amarin - not to 'Give the Company away' - after more than a decade of constant fighting for survival.
And you have to admit - 'they stil 'very well' can end up winning big' in the end'. The potential in this product is there - to make it a worldwide succes. They just need a little bit of luck 'Go their Way' (right now meaning have the patents restored in Appeal) - and then 'Peace and Quiet' to develop the Company - something this company until now has newer tried.
Jasbg
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