Sunday, March 23, 2025 8:27:14 PM
I will try to persuade FTC to institute an enforcement action against two generic companies, their PBMs and insurance companies.
Details on facts and law I will rely on are set forth in the Petition for Writ of Certiorari that Amarin shareholders filed in the Supreme Court from a CAFC judgment entered on February 15 2022. Importance of case is highlighted by the fact that persons die from CVD every 38 or 40 seconds. Health of American population is at risk for some reasons set forth below.
Note there is an already extant suit filed by Express Scripts and CVS against FTC pending in W. D. Missouri where the high costs of drugs to consumers that are on pharmcy shelves and formularies are at issue. FTC Chair said in July 2024 and again recently on national network TV that FTC intended to investigate those high costs. I have evidence that I think will support the FTC allegations. The relative higher cost of brand Vascepa vis a vis generic products is directly related to the deceptive and misleading conduct, collusion and fraud on a Nevada District Court by two specific generic companies in a post trial brief before that Court that resulted in an erroneous opinion and judgment entered on March 30 2020. The drop in Amarin share price subsequent to that date is also directly related to the fraud and inequitable conduct of the two generics in that Court. Higher tariffs on those imported generic products is one remedy. An exclusion order that would prevent marketing and sale of those generic products is another remedy. Damages from those generics related to or equal in value to that drop in Amarin share price from March 30 2020 to date is another remedy.
Note carefully the opinion and observations re Hikma generic product by CAFC Judge Lourie entered on June 25 2024 and by the Court on October 17 2024 in Amarin v. Hikma. The Court observed that there was no evidence that the FDA had approved any label or ANDA of Hikma for use of its generic product for a CVD use or treatment. The Court also observed the lack of evidence that Hikma's generic product is therapeutically equivalent to the brand Vascepa. Those two observations, besides the fraud on the Courts, raise legitimate questions whether those 2 generics should be competing in Amarin's markets at all.
See also subsequent proceedings in the Supreme Court by Hikma and Amarin.
Finally, no Court has expressed any rational opinion on the facts and law set forth in the above Amarin shareholders Petition for Writ of Certiorari.
Details on facts and law I will rely on are set forth in the Petition for Writ of Certiorari that Amarin shareholders filed in the Supreme Court from a CAFC judgment entered on February 15 2022. Importance of case is highlighted by the fact that persons die from CVD every 38 or 40 seconds. Health of American population is at risk for some reasons set forth below.
Note there is an already extant suit filed by Express Scripts and CVS against FTC pending in W. D. Missouri where the high costs of drugs to consumers that are on pharmcy shelves and formularies are at issue. FTC Chair said in July 2024 and again recently on national network TV that FTC intended to investigate those high costs. I have evidence that I think will support the FTC allegations. The relative higher cost of brand Vascepa vis a vis generic products is directly related to the deceptive and misleading conduct, collusion and fraud on a Nevada District Court by two specific generic companies in a post trial brief before that Court that resulted in an erroneous opinion and judgment entered on March 30 2020. The drop in Amarin share price subsequent to that date is also directly related to the fraud and inequitable conduct of the two generics in that Court. Higher tariffs on those imported generic products is one remedy. An exclusion order that would prevent marketing and sale of those generic products is another remedy. Damages from those generics related to or equal in value to that drop in Amarin share price from March 30 2020 to date is another remedy.
Note carefully the opinion and observations re Hikma generic product by CAFC Judge Lourie entered on June 25 2024 and by the Court on October 17 2024 in Amarin v. Hikma. The Court observed that there was no evidence that the FDA had approved any label or ANDA of Hikma for use of its generic product for a CVD use or treatment. The Court also observed the lack of evidence that Hikma's generic product is therapeutically equivalent to the brand Vascepa. Those two observations, besides the fraud on the Courts, raise legitimate questions whether those 2 generics should be competing in Amarin's markets at all.
See also subsequent proceedings in the Supreme Court by Hikma and Amarin.
Finally, no Court has expressed any rational opinion on the facts and law set forth in the above Amarin shareholders Petition for Writ of Certiorari.
Recent AMRN News
- 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
- New REDUCE-IT® Aspirin Analysis Presented at AHA Scientific Sessions 2025 Reinforces VASCEPA®/VAZKEPA® (Icosapent Ethyl) Reduced Cardiovascular Events in High-Risk Patients • GlobeNewswire Inc. • 11/09/2025 09:15:00 PM
- Amarin To Present New Analyses Affirming Robustness of Data from REDUCE-IT and Additional Mechanisms of Action of Eicosapentaenoic Acid (EPA) at American Heart Association (AHA) Scientific Sessions 2025 • GlobeNewswire Inc. • 11/03/2025 01:30:00 PM
