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Biobillionair

10/23/13 8:39 AM

#18800 RE: jessellivermore #18796

Agree...I'm thinking leadership at the FDA is figuring out how this mess ever occurred.

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zumantu

10/23/13 8:43 AM

#18801 RE: jessellivermore #18796

JL, I've seen the light
Upon further review and consideration, I've concluded it is in the best interest of the firm to be aggressively seeking recourse through legal action - immediately.

There has indeed been material harm done to the company by the FDA

The move by Amarin to reduce expenses is not about survival, it to ensure there are sufficient funds to support the efforts of its counsel, which if you remember is very experienced in litigating matters pertaining to the FDA. I expect filings are being prepared without hesitation.

Amarin did everything it was asked of it by the FDA. The drug has met all the endpoints and its safety profile unmatched, even compared to OTC products such aspirin.

The FDA had so badly botched the ADCOM process and in doing so telegraphed its true intent, that consequence to Amarin was catastrophic and of measurable material harm.

The liability of the FDA at this juncture is significant. We as shareholders would be best served to help illuminate the disservice done by the FDA to the public it serves, the questionable grounds for its purposeful and obvious manipulation of the ADCOM process to force the only possible outcome by limiting rebuttals and crafting unanswerable questions, ignore current science, and in doing so negatively impacted the lives of millions of Americans who will suffer needlessly by being denied access to Vascepa.







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BioChica

10/23/13 9:00 AM

#18806 RE: jessellivermore #18796

I agree with you J.L. this company is far from finished. I hope Joe is seriously thinking about a different strategy. I am beginning to have my doubts about him. Firing half the sales force seems to be a knee jerk reaction, like his financing through stock sales at a deflated price. He should have had marketing strategy in place before a drastic measure is taken. Have some bad news followed by good news. His management style and knowledge are starting to look weak.

I really hope to see them fire back with a legal response to the FDA. I believe on the day of the ADCOM there where over 75 million shares held by institutions, has to bee a lot of very pissed off people out there, not to mention retail holders.

Well let's see if Joe has what it takes! We will know in two weeks.