Bio. MITIGATE is high risk for AMRN I’ll explain soon MITIGATE is an independent Kaiser run trial . AMRN supplies the Vascepa but Kaiser controls everything… trial design , when to publish data etc
Kaiser IMHO is not totally sold on the R-IT data . I had an angiogram at Kaiser several yrs ago and remember the interventionist Cardiologist doing the procedure debating my regular Cardiologist on wether Vascepa really provided much benefit .
The interventionist argued for V based on reducing inflammation. My regular Cardiologist wanted another trial to confirm the R-IT data
So MITIGATE is really 2 trials for Kaiser One to see if V reduces Covid hospitalization The other CV part … to see if the event lines start to separate as they did in prior MI US R-IT .
Kaiser will have the Top Line Covid data in the first wk of Sept … and detailed CV data early in 2023
I’m not predicting this … but if both fail AMRN trades under a $1 If both succeed … showing clinical significance .. we trade over $3 JMO Kiwi