Replies to post #242700 on Biotech Values

[Whalatane]

Do U have a position in AMRN ?
Its been a good trade since Dew noted how low its EV value got about a month ago

Monday, May 09, 2022 3:25:37 PM
Re: dewophile post# 242354
PlusOneCoin Icon
0
Post# of 242701 Go
AMRN's EV is now <$100M. (No position.)

I think its EV value got as low as around $86 m when the stock was trading at $1.1.

I take their drug ...Vascepa as I'm secondary prevention CAD .
I'm a Kaiser patient. At first they wouldn't cover it . Then late 2019 I think they covered me with a $100 a month copay .

Now Kaiser sends it to me for roughly $2 a month .
Either they think it will ( along with Crestor and Repatha ) keep me out of their ER ....or AMRN has given them one hell of a deal .

Future for AMRN is the EU /UK markets . US is basically lost to the generics unless they prevail in their action against HealthNet
JMO
Kiwi