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Amarin Corporation plc Message Board

  • padep padep Aug 31, 2012 1:54 PM Flag

    Why no Patent news on wire?

    Why none of the major source covers todays patent news. Any link to the patent related news?

    Sentiment: Buy

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    • Street insider posted something on the patent. Would post it here but can't post uls with the new forum board, but below is what street insider had to say:

      "Shares of Amarin Corporation plc (NASDAQ: AMRN) are higher Friday after the USPTO updated the patent status on application 13/282,145 to show it will be allowed and will be mailed Sept. 5. The '145 patent is a continuation of 12/702,889.

      The Vascepa patent wins may support Vascepa exclusivity into 2030, analysts at Lazard note.

      Amarin is awaiting an FDA decision on NCE status, which would grant Vascepa 5-year marketing exclusivity.

      Shares of AMRN are up 2.9 percent mid-day to $13.40."

      "The reason for the run up"

      Sentiment: Strong Buy

      • 1 Reply to camco98
      • Street Insider has contacts with analysts and puts out TIMELY stories.
        Recently they had a story--MKM partners--that Takeover likely after Sept.14th.
        With this patent issuance on the way to getting READY TO ISSUE--makes Amarin protection thru 2030 almost assured.(Of Course-like Apple--they will have to fight patent battles if FDA does not give them Exclusivity now or after Reduce-IT study results--but I am pretty sure REDUCE_IT results would be very helpful in NCE and advertising in the future.

        Sentiment: Strong Buy

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