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JRoon71

05/07/24 10:06 AM

#424016 RE: couldbebetter #424015

CBB, I don't think the issue is that BP's are not interested in Vascepa, per se.

The issue is a business one. Currently too many headwinds and too much risk. The U.S. market is effectively lost until something else happens, and the three biggest markets in the EU currently will not approve reimbursement for V. A BP likely doesn't want to take the risk that approvals never happen. So everyone essentially waits until those approvals come through. That's my guess, anyway.

There's also the issue that not everyone within the science and medical fields agree on the efficacy of EPA. And if the Chief Medical Officer at a given BP is in the Nissen camp, then we are SOL.

None of this is insurmountable. It's just going to take more time to shore up some of these issues, and lower the risk on Amarin as an acquisition candidate.
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the_kube

05/07/24 12:25 PM

#424028 RE: couldbebetter #424015

I think there are a number of reasons for a lack of BP BO interest in AMRN…

On-going litigation
Slow sales growth
Negative EPS
Price erosion in U.S.
Perceived inability to get a return on investment
Tight credit conditions
No clinical trials to support better outcomes in cancer patients
It’s not yet for sale. (Kind of the same theory behind why you wash your car before you trade it in for a new one).

With that, brighter days could be in AMRN’s future…

Expanding to additional EU markets
+EPS
Share Buyback
Brave study results
Reversal of the Du-saster
Easing of credit conditions
Etc…