Amarin Corp Plc (AMRN)

[ziploc_1]

Rose...You're correct..Sarissa invested in Amarin BEFORE Olson was appointed to the board by the then COB Ekman(who had just sold all the Amarin stock he controlled as the managing director of Serofinova hedge fund)....Then Denner continued to increase his holdings to 24 million shares...To my knowledge, there have been zero purchases of shares in the open market by any Amarin board members since Denner first started buying shares....Perhaps the price of Amarin would be higher than where it is now if they had had the confidence in Amarin to buy some shares as Denner did.

"By Eric Volkman – Nov 16, 2021 at 6:14PM
An activist investor revealed that it held a small stake in the company...
Shares of biotech Amarin (AMRN 2.75%) shot more than 3% higher on Tuesday. That was on the reveal that an activist investor has taken an equity stake in the business....
In a regulatory filing submitted after market hours on Monday, hedge fund Sarissa Capital Management revealed that as of Sept. 30, it held an 8.5 million share stake in Amarin. That represents roughly 2.1% of the biotech's current outstanding share count."

Now Olson is angling to keep Denner out so he can call the shots.