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Amarin Corporation plc Message Board

  • boilerscamvictim boilerscamvictim Apr 18, 2013 11:41 AM Flag

    Omthera valued at $18 million (better product than Vascepa) AMRN valued at one BILLION??

    Omthera's product is better than Vascepa (has DHA that most docs want) and is cheaper to produce.

    Granted, Epanova will not be proftiable with generic Lovaza on the market either, but the spread here in valuation is insane.

    Nevermind that Vascepa is approved (that was just a "licence to lose money"), Epanova will also be approved (it's just omega-3 produced to API standards people).

    Bottom line is that Omthera's fundamental value is not over $20 million but neither is AMRN's.

    So AMRN must fall 99% + to reflect fundamentals. And it will.

    Sentiment: Strong Sell

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