rosemountbomber
7 hours ago
Thanks for posting. For those who might miss it, here is the discussion concerning Amarin v Hikma:
Amarin Pharma v. Hikma Pharmaceuticals28 & Skinny LabelsHolding: The complaint plausibly pleaded induced infringement based on the label and public statements made by the generic manufacturer.The next panel from the Federal Circuit (Moore, Lourie, Albright) next dealt with what seemed like a section viii carve out ANDA case, but was rather a โrun-of-the-mill induced infringement case.โ29 The generic product, an icosapent ethyl already on the market, was approved for only one of the two indications (treatment of severe hypertriglyceridemia) that the NDA product (Vascepa) had been approved for, but included no limitation of use as to the second indication, and the generic manufacturer had made repeated public statements referring to itself as the โgeneric Vascepa,โ despite being approved for only half the indications.30Unique to this case was that it was appealed from the motion to dismiss stage, and thus discovery had not occurred.31 Not in dispute however was that the complaint sufficiently alleged direct infringement, knowledge, and intent, and thus the Federal Circuitโs decision focused on whether an โinducing actโ was sufficiently alleged โ it was.32 Reversing the district courtโs dismissal, the Federal Circuit managed to walk along the โcareful balance struck by the Hatch-Waxman Act regarding section viii carve-outs,โ emphasizing that this decision did not โeffectively eviscerate section viii-carveouts,โ as argued by Hikma, and was instead โlimited to the allegationsโ and โguided by the standard of review appropriate for this stage of the proceedings.โ33 Given those explicitly limiting statements, this decision does little to affect true section viii jurisprudence under the Hatch-Waxman Act, and thus for practitioners, reliance on cases such as GlaxoSmithKline v. Teva (2021)34 is still appropriate for skinny label analyses.
FlyFishingStocks
1 day ago
Remember this post on 11/12/24?
Trump card = Crypto.
If you were to trade your AMRN shares for XRP or BTC, you'll likely recoup your losses. Bio stocks will slump during this new administration, while crypto will perform as it paves the way to a new financial exchange system compliments of Elon Musk's influence. Rumor is he is poised to buy Ripple (XRP) which could eventually become the ledger for all derivatives trade transactions.
Just think, you could have banked a loss on your AMRN shares, bought XRP and held for 64 days, take profits (sheltered by your AMRN loss) and repurchased AMRN shares at an 8% discount.
Chart comparison: ARMN = -7.69%, XRP = +451%
TA based trading strategies are not only enormously profitable, but can also rescue a bag holder from tremendous loss.
Sadly, no one took the bait. Instead, they remain frozen in their cell of indecision, unable to act, but only hope for a miraculous turnaround yet to materialize.
ORBAPU
2 days ago
MarketEdge today: Not sure I believe it, trying to stay hopeful.
Updated from Avoid to Neutral today.
Stock shows Mildly Improving Conditions. SCORE = 2
If you are Short this stock, hold position. Do not initiate new Short Sale.
Stock is not a Buy Candidate.
On 01/14/2025, The stock is underperforming the market over the last 50 trading days when compared to the S&P 500. The MACD-LT, an intermediate-term trend indicator, is bullish at this time. A close above $1.01 is a number to watch to confirm a trend reversal.Momentum as measured by the 14-day RSI is positive but showing signs of slowing. Over the last 50 trading sessions, there has been more volume on up days than on down days, indicating that AMRN is under accumulation, which is a bullish condition. The stock is above its 50-day moving average which is pointed down. This is supportive that the trend is improving.