Amarin Corp Plc (AMRN)

[Pharmacydude]

JRPac
Ouch! Thanks for the bigger picture.
Maybe Holt was brought in to sell Amarin to a private equity company (who ???) for 300M in a year? Amarin is not going to be making any real profits in EU for the next 12 months so Saint Denner can just keep Amarin struggling to stay afloat long enough for retail to get fed up and bail at a huge loss. That sounds like Denner being a very smart activist investor- making himself rich and screwing everyone else.

Considering it takes about 2 years after a final reimbursement decision for a new drug to get accepted and incorporated into the routine prescribing habits of doctors, Amarin is going to have to fight to stay alive for quite a while. I’m sure Denner is prepared to patiently wait for retail attrition before handing HIS COMPANY, which we handed to him, to his private equity fund and making billions in profit.

I have been unable to find anything at all in today’s information to give me any hope or optimism.