Replies to post #396155 on Amarin Corp Plc (AMRN)

[hayward]

Invest83838

It could be as simple as HN never thought we would sue them. After the Judge did not dismiss the suit they may have looked at the edvance and had no way out so HN settled. The only thing we did for them is save them the expense of a trial. IMO We will see soon enough

Michael

[Birdbrain Ideas]

Valid points. But not necessarily true that both sides have to give up something in a settlement. This wasn't a union contract negotiation. That's a situation where both sides almost always have to give up something. This was righting a wrong. When it sued Health Net, Amarin knew what it wanted out of it. My guess is that it got what it wanted. It was never pursuing monetary damages. It just wanted a level playing field with generics. It likely got that.

Your deference, perhaps fear, or maybe admiration, of large insurance companies is an attitude shared by many Americans and is why the U.S. healthcare system is such a mess. The insurance companies collect a nice payout every time an American gets sick. That's money that should be going to hospitals and doctors. And we pay a premium for what amounts to little more than a mob-like shakedown. Companies like Amarin pay the price.