Amarin Corp Plc (AMRN)

[ziploc_1]

Sleven...Sarissa is an activist investor who invested many millions of dollars from his fund in Amarin due his understanding of the science and economics related to Vascepa...He has had previous success in buying troubled companies and fixing them, and selling them....IMO, PWO and KM had not demonstrated these skills and that is why I voted for Sarissa in the ensuing proxy fight in preference to the old board....I shared the belief with Denner that Amarin needed to be sold to fully develop the potential of Vascepa.

Sarissa was Amarin's largest shareholder, and believed that Amarin needed to go in a different direction...Denner was asking for two or three seats on the board, but PWO was intransigent...so Denner had no choice but to take the course that he eventually took...especially after PWO started appointing his own new people to the board.