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Saturday, June 10, 2023 5:00:43 AM
I believe Sleven gave you the best answer. I will just expand a little. I can remember even when Amarin's stock price after R-I was flying high, many here (probably including myself) were bitching that the analysts and market was not valuing the European opportunity for V correctly. We now, after these past few years, know that the market and analysts were more accurate than many of us figuring how difficult it is to break through in that market (at least for a tiny one drug company like Amarin).
I say all that to highlight that our stock price currently reflects very little of the EU opportunity and the static but ever degrading US market. The market is forward looking and values growth that it can see going forward. So ultimately to get to your question, even any excitement over any potential benefit from any positive AD results (from BRAVE-EPA) is not showing up because
a) it would be years before V could get approval and,
b) the idea is that any off-label scripts written for V (for AD) would be chewed up by the Generics no differently than the scripts written for CVD. Yes, Amarin seems to be holding US scripts somewhat steady but at the cost that they have dropped their margins to the point where on hundreds of millions of dollars of sales, they are not making any or very little profit.
But ultimately, for us investors, this is where the potential windfall lies. Like Sleven pointed out, the expectations are low currently. If Amarin can change some dynamics and start to show profits, the market will start chasing us and the stock price higher as they would be missing out. Buffett I believe said that the market is a mechanism that transfer wealth from the impatient to the patient. Let's hope that works here soon because many of us are on the verge of losing patience.
I say all that to highlight that our stock price currently reflects very little of the EU opportunity and the static but ever degrading US market. The market is forward looking and values growth that it can see going forward. So ultimately to get to your question, even any excitement over any potential benefit from any positive AD results (from BRAVE-EPA) is not showing up because
a) it would be years before V could get approval and,
b) the idea is that any off-label scripts written for V (for AD) would be chewed up by the Generics no differently than the scripts written for CVD. Yes, Amarin seems to be holding US scripts somewhat steady but at the cost that they have dropped their margins to the point where on hundreds of millions of dollars of sales, they are not making any or very little profit.
But ultimately, for us investors, this is where the potential windfall lies. Like Sleven pointed out, the expectations are low currently. If Amarin can change some dynamics and start to show profits, the market will start chasing us and the stock price higher as they would be missing out. Buffett I believe said that the market is a mechanism that transfer wealth from the impatient to the patient. Let's hope that works here soon because many of us are on the verge of losing patience.
Recent AMRN News
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 04/10/2026 09:01:34 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 04/10/2026 09:00:20 PM
- American College of Cardiology (ACC) Scientific Sessions 2026 Underscore the Need for Complementary Therapies Including Icosapent Ethyl (IPE) in Treatment of Elevated Triglycerides and Cardiovascular Risk Reduction • GlobeNewswire Inc. • 04/08/2026 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/02/2026 08:30:11 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/30/2026 09:57:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/27/2026 09:00:07 PM
- Amarin Highlights Guideline Recommended Role of Icosapent Ethyl in Managing Cardiovascular Risk Following Release of Updated 2026 ACC/AHA/Multisociety Dyslipidemia Guideline • GlobeNewswire Inc. • 03/18/2026 12:30:00 PM
- New REDUCE-IT Data in Patients at Extreme Cardiovascular Risk and In Vitro Research on the Mechanistic Effects of Eicosapentaenoic Acid (EPA) on Lipoprotein(a) [Lp(a)] Oxidation to be Presented at the American College of Cardiology’s (ACC) Annual Scienti • GlobeNewswire Inc. • 03/16/2026 12:15:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/02/2026 10:31:01 PM
- Effects of Icosapent Ethyl on Risk and Duration of Hospitalizations and Death in REDUCE-IT® Post Hoc Analysis Published in the European Journal of Preventive Cardiology • GlobeNewswire Inc. • 03/02/2026 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/25/2026 12:05:26 PM
- Amarin Reports Fourth Quarter and Full Year 2025 Financial Results • GlobeNewswire Inc. • 02/25/2026 12:00:00 PM
- This American Heart Month Amarin Spotlights the Need to Prioritize Proven Widely Available Yet Underutilized Therapies in the Battle Against Cardiovascular Disease • GlobeNewswire Inc. • 02/23/2026 01:00:00 PM
- Amarin to Report Fourth Quarter and Full Year 2025 Financial Results and Host Conference Call on February 25, 2026 • GlobeNewswire Inc. • 02/11/2026 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/04/2026 12:00:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/04/2026 12:00:07 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/04/2026 12:00:06 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/04/2026 12:00:05 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/04/2026 12:00:04 AM
- Amarin Applauds Breakthroughs In Therapies For Patients With Elevated Triglycerides; Company’s VASCEPA®/VAZKEPA® (Icosapent Ethyl) Franchise Well Positioned To Benefit Globally From Broadened Category Commercialization • GlobeNewswire Inc. • 01/09/2026 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2026 12:05:27 PM
- Amarin Announces Preliminary 2025 Financial Highlights and Operational Accomplishments, Including Achieving Positive Cash Flow; Company Well Positioned to Capture Global Growth Opportunities • GlobeNewswire Inc. • 01/08/2026 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/06/2026 10:00:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/06/2026 10:00:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/06/2026 10:00:10 PM
