Replies to post #444615 on Amarin Corp Plc (AMRN)

[TastyTheElf]

That is true about the bear market in small biotech. Last year there was a near complete exodus of VCs putting money into the sector.

It set off a slew of bankruptcies, and as you said, those who still had cash were trading at a discount to it.

Amarin isn't really a "biotech" any more -- it's not developing anything, it's just managing the runoff of an approved drug. But still.