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Whalatane

02/18/20 9:01 PM

#247033 RE: Jeffkad #247002

Jeff I agree with your view that " no way will initial reaction to patent loss be negligible "

But let's look on the positive side ...a win in this patent case.

A win gives AMRN monopoly power until Teva's entry ... ( 9.5yr from now ?)

What constrains AMRN from raising prices ...testing payers willingness to pay ?
The only thing reasons I can see to currently prevent AMRN from raising prices is .. fear of .political pressure and to reduce generics interest .
In a purely capitalistic world , the price of Vascepa would rise to the pt where it no longer was cost effective for insurers to use.
The ICER report places the cost to insurers of their R-IT population at around $5,000 a yr ....re vascularization , ER visits etc .
AMRN can double the cost to health providers for Vascepa ..from currently around $1,600 a yr ( will defer to HDG for the exact cost ) .....and the providers / insurers will still save money.

Just something to consider .
Now if Bernie's elected he would nationalize Amarin .....shareholders be dammed
Just kidding folks
Kiwi