I see lots of diehards still pumping away here. Here's a nugget for you. Once the 52 week high drops in a couple of weeks it won't be so apparent what an abysmal performer this has been in the last year. $8 will be a lot closer to $10 then the current $12 and change and may seem like it's worth a look.
Of course Raj can overcome any seeming good news with his ATMing of the company. Which I see has not abated.
Wow that argument sounds so familiar. I guess GSK got their billions on Lovaza with smoke and mirrors.
BTW congratulations on your first post ever today. I guess we heard this before from one of your other ID's
It sounded like they referenced freedom of speech in the CC as a remedy down the road if the FDA does not correct it's mistake. Changing the Vascepa label to include the ANCHOR information with a "CV events" disclaimer. I think they mentioned the FDA having potential recourse IF AMRN takes that action.
My question is why wait? Do it now and have the FDA, if they feel foolish enough to pursue it, with the burden of proof on how this action is in any way indefensible.
FDA will reverse or be forced to air it's dirty laundry for all to see, it's just a matter of time. AMRN will not go quietly into the night.
Downside to Anchor approval
Hard to find any but here's a try.
Egg on your face if no CV events seem to be improved with Vascepa for 200-500 Trigs
200-500 Trig group now has a better alternative than the current remedies available regardless of CV affect.
Possible CV event improvement.
No lawsuits over your inexplicable behavior to this point in the SPA/ ADCOM process
Downside to no Anchor approval
Probable lawsuits and you have a government mandate to cut 10% of your budget! No warchest baby.
Denial of the 200-500 Trig group a better alternative then they have now and possible allowance of preventable CV events to occur.
Heads rolling and blood in the aisles as those to be held accountable at the FDA get shown the door and subphoenas. Plenty of egg to go around for a face painting party at the FDA.
You're kidding right? You're saving no one here FDA on any level. Only your face which will get smeared if you read the downside above. This baby won't go quietly no way!!!
Will you be "saving" the US population with any kind of denial here? Of course not.
If you haven't wised up yet here's your chance.
In case no one noticed the government is not in the best fiscal shape lately. With mandates to agencies to cut expenses across the board you think HHS has several millions lying around to go to war with AMRN?