Replies to post #378455 on Amarin Corp Plc (AMRN)

[Whalatane]

Re pricing in China ...in case U missed the previous link I posted

https://www.reuters.com/business/healthcare-pharmaceuticals/drugmakers-cut-prices-by-62-average-get-china-state-insurance-listing-2021-12-03/#:~:text=BEIJING%2C%20Dec%203%20(Reuters),Chinese%20authorities%20said%20on%20Friday.

Kiwi

[HDGabor]

B-

Thx for your summary / "impressions".

Best,
G

[JRoon71]

That was a nice counter to the grim statement in the last earnings report that Amarin has enough cash on hand to fund itself for the next fiscal year. That line alone, something the company had never included in an earnings report since Reduce It came out,

That's the same line from their year-ago report when they had $500M:

"We currently operate with limited resources. We believe that our cash and cash equivalents balance of $291.0 million and short-term investment balance of $213.2 million as of March 31, 2021 will be sufficient to fund our projected operations for at least 12 months."

I'm not sure why everyone latched onto that line.