Replies to post #413669 on Amarin Corp Plc (AMRN)

[mrmainstreet]

AMRN gets no respect, but a BP definitely would. Sell the freaking company for $5-7 a share and accept reality.

[BobWayne]

This is a byproduct of socialized medicine more than anything the board did. Unfortunately, most of these government run health care systems have no money to spend on preventive medicine.

[sts66]

Italy refusing to pay for V is a BIG FSCKING DEAL! They're one of the top 5 EU markets - now AMRN is blocked from 2 of them, including Germany. This is why nobody wants to buy them out - not much money to be made, too many countries refusing to pay.

“In Italy, cardiovascular diseases are responsible for 35.8% of all deaths, exceeding 230,000 cases annually and represent the leading cause of death and hospitalization2,”

36% of Italian deaths every year are from CVD, but they won't pay ~ $180-$200/mo/patient to save some of them from dying too young is too expensive - that's sad. The cost/benefit really doesn't add up for someone who has a stroke - they usually need extensive rehab and home care, some for the rest of their lives - they will cost Italy WAY more than a V scrip and it's not even close. Unless Italy doesn't pay for recovering/living after you have a stroke. A great friend of mine had one last year, he'll never be close to normal, too much nerve damage to the left side of the body, which I think means the right side of his brain is where the stroke was - their healthcare expenses are huge even with help from Medicare.