Friday, May 19, 2023 8:41:26 AM
Ziploc
If they settled out of fear of large monetary damages, why wasn’t there any significant revenue in the financials indicating HealthNet paid at least small damages?
My GUESS: HealthNet told Amarin that if they lowered their price to equal of gV they would switch to V so Amarin dropped their lawsuit. No winner, no loser. It just went away and Amarin maintained some revenue.
There is NO LEGAL teeth to the patents or “approved indications”.
People need to accept this to understand the SP and understand the direction of the company.
If they settled out of fear of large monetary damages, why wasn’t there any significant revenue in the financials indicating HealthNet paid at least small damages?
My GUESS: HealthNet told Amarin that if they lowered their price to equal of gV they would switch to V so Amarin dropped their lawsuit. No winner, no loser. It just went away and Amarin maintained some revenue.
There is NO LEGAL teeth to the patents or “approved indications”.
People need to accept this to understand the SP and understand the direction of the company.
Recent AMRN News
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