Replies to post #247031 on Amarin Corp Plc (AMRN)

[amarinbullfromchicago]

We have a limited time of exclusivity and only one drug. By the time we reach 2024 and hit the sales he projected, we will have only 5 years of exclusivity. We will not have a 20x with 5 years of exclusivity, it will certainly be less.

That being said, I think our sales will be closer to double-triple that, so my price target is still over $60 if not bought out by 2024. Just with a more conservative multiple