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Re: sts66 post# 3693

Tuesday, 04/02/2013 11:44:08 AM

Tuesday, April 02, 2013 11:44:08 AM

Post# of 425962
Once the Anchor sNDA is accepted AMRN will need to figure out how they are going to launch the Anchor population which will call for 4-5 times the sales force.
Clearly makes sense to discuss options with JPM. If they go the third party sales force route then they need to come up with money, if they decide to partner then they need to come up with a partnership agreement that does not give away the farm.
The other option is a Buyout but I think it is pretty clear Joe will not sell unless it is near $30 and unless the stock price gets to $15 (with NCE approval and Anchor approval) I can't see BP justifying such a price to their shareholders.

I suspect after early July they will really get into negotiations on launching Anchor(with the 100 million debt limit eliminated).
Whatever they decide would think they would want 3 months or so before expected approval for Anchor(and subsequent launch) to get everything in order.

Since they need money(dilution, debt raise, partner buy in, buyout?) to launch Anchor and have 3 options to pursue it makes sense to spend some one on one time with JPM, seems pretty obvious to me.
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