Amarin Corp Plc (AMRN)

[alm2]

Risks re injunction -
Costs of doing so - minor
Not getting one - generics don’t know / nor amarin know whether they will get injunction-but for generics to incur all costs incurred for launch to then get an injunction slapped on them and then losing appeal means they have spent a bucket of money for no gain - remember generics don’t have a patent life to try and profit over - they will be selling the product forever - so their intelligent move is to wait -the right commercial decision
Amarin not applying for an injunction now is intelligent .. applying now and losing the application is not - if generics do launch it may be a question of timing - for example if they launched a week before appeal hearing why bother ? - the appeal will resolve the issue (maybe it might just be a negative for generics in the appeal -they launched as though they were cock sure of winning )
And if generics launch and lose appeal - damages to boot to pay
Amarin applying and not getting injunction would send out another bad (wrongly perceived )signal to the market - (which would be over reaction share price drop)because the appeal is the crux decision that Amarin faces as to USA
Sometimes doing nothing is intelligent
Alm