Amarin pullback on patrent update on overreaction, says Jefferies

theflyonthewall.com

Jefferies believes shares of Amarin overreacted to the downside yesterday after the U.S. Patent and Trademark Office posted a non-final action for the company's '569 patent application related to ANCHOR use. Jefferies says it is very early in the process for the patent review and keeps a Buy rating on Amarin shares.

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