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Re: dogn post# 423160

Thursday, 04/11/2024 6:58:56 AM

Thursday, April 11, 2024 6:58:56 AM

Post# of 423866
dogn, Great post on 'activism investing' - thanks.
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About Amarin and the proxy:

We’ve been doing a couple of the other ones. I don’t know, it could be present or, or if there’s nothing, it’s okay too that I, again, I’m not putting you on the spot for any companies. You’re working on . Yeah, no, but I can give an example. So so as you know, I’m President Issa, but I’m also on the. On the board as a director for Amarin Corporation, and that is 1 of our portfolio companies.

And if we rewind a year ago, we were in the middle of a public proxy site. We, we, but we were successful and we’ve been partnering with them to do some great work. So that is an interesting case where a company. Needed to change, they needed a refreshment. The drug had lost the patent. So, that was a juncture where leadership had to make a plan to change and even if there’s an, a patent in the United States, there’s also the rest of the world.

So, there’s tons of opportunities where you can commercialize Europe in Asia, in South America. It’s almost endless. So you can keep renewing, not renewing. It’s different patents, but you extend the life and the revenue and the runway of the company by expanding to the rest of the world. So that’s, that’s a very good example of how you can shift with the right leadership and activists involved.

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