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Re: ilovetech post# 284594

Monday, 07/06/2020 4:06:21 AM

Monday, July 06, 2020 4:06:21 AM

Post# of 426569
i-

let's be cognizant, that we're not missing the economics involved in the equation

Spot on. The settlement is not a legal but a business decision.

If Amarin sees the patents as weak/ vulnerable it would settle for "2023" entry. Of course, it worth something to avoid the uncertainty of the outcome (the Order) despite the trust in the patents ... (e.g. ... as in other cases) February 2029 ... 6 months* earlier than the previous (Teva) settlement.

* Amarin, Covington and independent parties checked / reviewed the patents. Amarin had several views / opinions about the possible outcome, a basis to determine (offer) the realistic settlement condition.

The Order surprised everybody, the general view is that Amarin has a solid (strong?) ground for reversal due to the absurdity of Judge Du ... but crying for settlement, blaming the management.

SMH ... 20/20 at its finest.

Best,
G

Disclosure: I wrote this post myself, and it expresses my own opinions (IMHO). I am not receiving compensation for it.

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