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Amarin Corp PLC

Amarin Corp PLC (AMRN)

0.9209
0.0439
(5.01%)
Closed April 30 4:00PM
0.9289
0.008
(0.87%)
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AMRN News

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AMRN Discussion

View Posts
KnowNothingJonSnow KnowNothingJonSnow 39 minutes ago
12 days ago you called for yearly lows. So which one is it? New lows or big rally?
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Whalatane Whalatane 53 minutes ago
Hi North Yes I've had a Lp(a) test ...its within the normal range .
My one contact ( by Twitter , now X ) with Dr Bhatt was over his thoughts on using Vascepa with a PCSK9 ( in my case Repatha ) . He thought it a good idea ...encouraged me to do it .
I'll defer to you re the No Fakes Act and all things law related in the US.
I'm focused on AMRN's plan to overcome the hurdles preventing German reimbursement .
Hopefully they will address that tomorrow .
I suspect your Lp(a) levels are just fine North . If they weren't you wouldn't be preparing for your ..86Th ? birthday .
Be well
Kiwi
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FlyFishingStocks FlyFishingStocks 54 minutes ago
A big rally coming?

In Nov. 2022 and Nov. 2023 (post#'s 393087 and 418183) I predicted rallies. Over the following 3 mos. we saw prices shoot up over 95% both times.

The chart is hinting the same:



Though unimpressive, today's volume was the highest in over a month. It was upside volume and it was bullishly divergent to the massive selloff in the general market. This behavior is very bullish IMO.
Combine that behavior with the noted indicator reversals and we have the TA ingredients for powerful move. Where is shorty??
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north40000 north40000 1 hour ago
Kiwi, have you had your blood serum level of Lp(a) tested or analyzed yet? Ask Drs. Bhatt and Mason if you should, and see the April 6 Amarin PRs for reasons why you should.

I wonder whether Vascepa will be protected from attempted imitation under the “No Fakes Act” to be introduced in Congress this coming week.
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jfmcrr jfmcrr 2 hours ago
Orbapu,How did your brother make out on Vascepa through all that? I have a friend who recently went thru the same, and I'd like to forward any good outcomes your brother had. Thanks



May 2020; One stent Friday night, (100% blockage) two stents Monday, (70% blocked) Vascepa before during and after. No untoward bleeding, no damage visible on complete cardiac image work up.
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Jasbg Jasbg 3 hours ago
Whala, You must be Joking Right 🙂

To think that any one here' - at this point of Amarin history - will 'yet again' - fall for your 'self organized' debate (with arguments you made thousand of times before !!!
-----------------------------

Please go somewhere else on the internet - to make your monthly TROLL payments !
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Whalatane Whalatane 3 hours ago
Yes , we await with anticipation ( dare I say bated breath ) for Denner and team to unveil their grand plan for conquering Germany.... tomorrow am .
Good luck
Kiwi
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Snd101 Snd101 3 hours ago
Kiwi, I think anyone who follows this board even moderately has been well educated on the topic of real world data, what it means and how it potentially is an input to Germany’s decision on approving a drug. You have been consistent and persistent enough with your posts to make an impression on everyone’s brain😀.
Post reduce-it trial, Real world data has been flowing in small quantities through various sub group analysis. And we expect it will keep on coming. I would be extremely surprised to see Amarin entertaining any trials to re-validate reduce-it results at least under Denner’s watch. Thanks for your time and sharing your opinion. I will rest it here from my side.
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Insync_2000 Insync_2000 3 hours ago
Had to create your own audience. What does that tell you. Bla blah blah
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Whalatane Whalatane 4 hours ago
Snd. The issue is gaining reimbursement for at least a subgroup of the R-IT trial .

Does Germany consider Real World data in this decision ?[I]

Yes, the German health system uses real-world data and analysis when considering reimbursement for drugs. Real-world data (RWD) refers to data collected outside of traditional clinical trials, often from sources like electronic health records, insurance claims, and patient registries. This data is valuable for evaluating how treatments perform in real-world settings, including their effectiveness, safety, and cost-effectiveness.

In Germany, the Federal Joint Committee (Gemeinsamer Bundesausschuss or G-BA) plays a crucial role in determining which medical treatments, including drugs, are reimbursed by statutory health insurance funds. The G-BA assesses the clinical benefit of new drugs based on evidence from clinical trials as well as real-world evidence when available.

Real-world evidence can provide insights into how drugs perform in everyday clinical practice, including their impact on patient outcomes, adherence rates, and healthcare utilization. This information is valuable for decision-makers when evaluating the value of a drug and determining its reimbursement status within the German health system.

Overall, while clinical trial data remains essential for drug evaluation, real-world evidence complements this by providing a broader understanding of a drug's real-world impact, helping to inform reimbursement decisions in Germany's healthcare system.[/I]

So if AMRN isn't going to cosponsor a small trial ...which almost everyone here is adamantly against ...at least dig up some Real World data that they would accept
Kiwi
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Snd101 Snd101 4 hours ago
Kiwi, the idea of collaborating with a nation’s healthcare org to design and run trials is very productive. And as you said it happens so many times and in so many places. That’s a raw fact, there is no interpretation to it. The real question is what is the objective of the trial? Now taking it in the context of Amarin if the objective of the custom trial is to re-verify the “reduce-it” outcome, then I don’t think it makes any sense for Amarin to collaborate with them in any ways. If they don’t like reduce-it results, it’s on them. Amarin funding a trial to re-evaluate reduce-it results for them is basically telling the world it has doubts on its own landmark reduce-it trial. But if Germany, France or Italy want to collaborate with Amarin to run a powerful trial for any other indication for example AD, then it would be a different conversation. Amarin might have vested interest in that.
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Insync_2000 Insync_2000 4 hours ago
I now remember why I blocked you for a period of time. Same rhetoric garbage. Spend 100s of million to appease Kiwi …great idea. The results of the 300 plus million dollar RI study are for all to see..if you are not happy with them you are free to do your own.

By your logic the cost of study may even be worth it to you given the 20 shares that you supposedly own.

Please find something else to be obsessed with already. What a waste of energy.
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DAR53 DAR53 5 hours ago
I agree. It's the same old Rinse / Repeat from Kiwi. Just a handful of shares he claims and spews RWE required incessantly. Opposing views are okay, but it's not 'getting ' old, it is old. I will just block and only have to see the responses to his constant push for not wasting money on share buyback but instead, spend the money on a 3 year RWE trial. GLTA
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DAR53 DAR53 5 hours ago
none
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seve333 seve333 5 hours ago
Every message board has at least one major troll who does the same thing for most every bio. They all sound the same and none of them own or have ever owned any shares. They like to say I am just here to try and help you all out. LOL!
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ORBAPU ORBAPU 5 hours ago
You’re welcome. Best of luck to your friend.
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Jasbg Jasbg 5 hours ago
Alias born 2011 - since then 20.000+ posts - from someone who hardly owns any shares ???
----------------------------------------------------------

Why follow a drug for more than 12 years (with no personal interest in this drug) - ever - and ever - and ever - and ever - and ever - and ever (20.000+ times) REPEATING the same brainwashing request - Amarin needs more trials - more data !

From 2018 - thousands of post on - Reduce IT. It is not enough - Amarin needs more trials !
---------------------

If you came from the outside looking at this - Whala - Kiwi is the perfect example of how paid TROLLS work on the internet !!!
---------------------

No Shares - 20.000+ posts - always pointing to barriers why Amarin - needs more trials (lately here today - a lot of crap about how to get data 'from XXX sources') - but end result is as always and ever from Kiwi / Whala - Amarin need more data' - as he said 20.000 times before !!!
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ramfan60 ramfan60 5 hours ago
Exactly..... it's all about the money...... there's plenty of evidence to support the efficacy of V.
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Whalatane Whalatane 6 hours ago
JR. We don't know that . A small properly powered short trial ...as previously mentioned like the 1 yr blood thiner trial ..is totally feasible with the German Health Dept
Kiwi
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JRoon71 JRoon71 6 hours ago
Kiwi, you know that Sarissa is not going to run new trials, so why do you keep at this?
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Whalatane Whalatane 6 hours ago
The issue is gaining reimbursement in Germany ( and Italy and France )
EU Pharma Co's co-sponsor trials with the German Health Dept all the time
When pharmaceutical companies co-sponsor drug trials with German health departments, several steps and processes are involved:

Protocol Development: The pharmaceutical company and the health department collaborate to develop a detailed protocol outlining the objectives, methodology, participant selection criteria, treatment procedures, and endpoints of the clinical trial. This protocol must adhere to German regulatory requirements and ethical guidelines.

Regulatory Approval: Before initiating the trial, the protocol must receive approval from regulatory authorities such as the Paul-Ehrlich-Institut (PEI) or the Federal Institute for Drugs and Medical Devices (BfArM) in Germany. The pharmaceutical company typically submits the protocol for review, and the health department may provide input or support during this process.

Ethics Committee Approval: In addition to regulatory approval, the trial protocol must be reviewed and approved by an independent ethics committee (EC) in Germany. The EC ensures that the trial design is ethical, respects participants' rights, and prioritizes safety.

Trial Conduct: Once approvals are obtained, the pharmaceutical company and the health department collaborate on various aspects of trial conduct. This includes recruiting participants, administering treatments according to the protocol, collecting data, monitoring participant safety, and managing any adverse events.

Data Analysis and Reporting: After completing the trial, both parties work together to analyze the data collected. This analysis aims to assess the safety and efficacy of the investigational drug. The results are then compiled into a comprehensive report, which may be submitted to regulatory authorities for marketing authorization.

Post-Trial Follow-Up: Even after the trial concludes, the collaboration between the pharmaceutical company and the health department may continue. This may involve follow-up studies, post-marketing surveillance, or further evaluation of the drug's long-term effects.

Kiwi
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JRoon71 JRoon71 7 hours ago
I think that's a bit of a leap.
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Monk4444 Monk4444 7 hours ago
DMC
Maybe anticipating good Brave results??!!
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antibluechip antibluechip 8 hours ago
Orbapu,
Wow, what a great outcome. Thanks so much for sharing. How can anyone with heart blockages and/or stents not press for Vascepa? Case studies like this need to be made known to the public. All the best to your brother and you. Dave
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ORBAPU ORBAPU 8 hours ago
He’s doing well, 3 years. Still on Vascepa.
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Snd101 Snd101 8 hours ago
You exactly proved my point. It’s their own trial, they design it, they fund it, they run it. It’s not the drug company’s trial. Well the drug company might throw in some goodies for the trial as a showcase of goodwill. Just like Amarin providing the drug for free for the Mitigate trial to KP.
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ORBAPU ORBAPU 8 hours ago
My brother’s case was quite serious because the 6 blockages were 90% and too extensive to be a candidate for bypass and his cardiologist concluded it was too severe for stents as well. The Chief Cardiologist made a judgment call to go ahead with the procedure and it was successful.

That was 3 years ago and he is doing well, still taking Vascepa.

Both cardiologists were proponents of Vascepa.

Bismarck, ND. Go figure!
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Whalatane Whalatane 8 hours ago
Snd. Kaiser's CV research https://divisionofresearch.kaiserpermanente.org/research/cardiovascular-and-metabolic-conditions/

Kiwi
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Whalatane Whalatane 8 hours ago
O. Wow ...hope your brother is doing OK
Kiwi
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Whalatane Whalatane 8 hours ago
RMB. Real World Analysis such as Kaiser's research arm would just compare those on SOC ( standard of care ) vs SOC and Vascepa following a PCI.
So just data collection / analysis of existing data thru their electronic record keeping technology .

The German Health Dept appears to run their own trials ...see the blood thiner trial I linked
Roughly 50% on one blood thiner and 50% on a different blood thiner following a PCI ...follow for one year and compare results

Kiwi
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Whalatane Whalatane 8 hours ago
Snd. Re your view . Running a custom trial to satisfy a specific health official defeats the purpose of running a trial to get FDA approval.

Healthcare organizations such as Kaiser and the German Health Dept ..run custom trials all the time .
EG Kaiser running MITIGATE to see if Vascepa had benefit re Covid
German Health Dept running their own study comparing blood thinners

Kiwi
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antibluechip antibluechip 8 hours ago
Orbapu,How did your brother make out on Vascepa through all that? I have a friend who recently went thru the same, and I'd like to forward any good outcomes your brother had. Thanks

Dave
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DMC8 DMC8 9 hours ago
Upgraded to STRONG BUY today.
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antibluechip antibluechip 9 hours ago
Kiwi,
You mentioned the case where "their Cardiologists did not prescribe Vascepa because they were on blood thinners ".

So do they recognize that Vascepa has blood thinning properties? If so, now the Cardios need to learn that Vascepa is a Blood Thinner-plus-plus-plus etc. A much better choice.

Dave
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ORBAPU ORBAPU 9 hours ago
The old bleeding canard.

My brother got 6 stents. Simultaneous catheterizations, groin and arm, two cardiologists. On Vascepa before, during, and after. Procedure included Atherectomy on some blockages plus use of impella pump.

I had double hernia surgery, the old way, not robotic. On Vascepa. And yes, I disclosed pre surgery medications. No bruising and rapid recovery.
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rosemountbomber rosemountbomber 9 hours ago
Am I correct in saying that what you are talking about is simply data collecting, analyzing said data, and tabulating results?
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antibluechip antibluechip 9 hours ago
Kiwi, I did not have stents in spite of 3 blockages in the 65-70 percent range plus Type II. In 1972, Cardio said my blockages were at the borderline and he was willing for me to go with Crestor(later Pitavastatin) , diet, exercise, no blood thinner.
A month later in dicussion with my GP, I mentioned I was eating a can of sardines every day for lunch, just because I thought it would be good for my heart. He said, "let me give you something to take so that you don't have to smell those sardines every day." And he prescribed Vascepa. (I've often wondered if an Amarin Rep had just left his office before my appointment-I doubt he was prescribing from data, just "no smell")
Dave
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Snd101 Snd101 9 hours ago
Thanks for sharing your thought process. I agree that approval by France, Germany and Italy is one of the major keys to success for Amarin. Is the path to get there is via running custom trial that these three country would like? I am not so sure. It would be a surprise if those three countries agree to a common clinical custom trial. Even if they do it’s not an binding agreement that they have have to act according to the trial outcome. Government changes, health dept official changes. Running a custom trial to satisfy a specific health official defeats the purpose of running a trial to get FDA approval. It’s sets a wrong precedent. It basically makes the process of inventing new medicine and commercializing it at scale unsustainable. I am sure there are other more efficient methods to provide answers to the technical/medical queries of these health officials. If that is really blocking them for accepting the drug. But I believe the real reason for these health officials is not the concern about the medicine itself, but it’s something else. They are just using the data about the medicine as a false wall. You run a trial and alleviate their concern, they will come up with another concern. So no matter what trials you run for them, it’s going to be the same story. Bottom line is addressing the real reason behind their hesitance to embrace the drug and I believe Amarin is working to address that instead of jumping in to start another trial to satisfy them. My thoughts.
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JRoon71 JRoon71 9 hours ago
MDC, I think about 7 out of 10 of those fit Amarin to the T.

But this one certainly seems most likely to be what Denner is trying to pull off::

4. Large amounts of phantom premium are on the table.

Buyouts usually come with large premiums. The question is, how much of that premium is real, and how much is phantom? (Fake.)

In a free market, if your stock is trading at $100, and the buyout is $150, that's a 50% premium.

But in today's market, Wall Street is more likely to smash your stock down to $75, and then organize a merger at $150. ($50 real premium, $25 phantom.)

This creates an illusion that your stock is being given a 100% premium.

Denner is most likely trying to show the "$1 to $10 rise" that they managed, ignoring the fact that this stock was at $9 right before Sarissa started buying (coincidence??). I am about 99% certain that Sarissa has been behind much of the shorting the past few years that has driven the price down.
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Whalatane Whalatane 9 hours ago
Dave .. I'm in a similar situation . Cardiac Cath in 2016 identified significant coronary plaques ...but the decision was made to go max medical therapy rather then stents . So Repatha , max dose Crestor and Vascepa . Adding the Repatha drove my LDL cholesterol down to 20 mg/dl at one pt !

Theres a risk of kidney damage with repeat Caths so unlikely to be done solely for research unless as you said you present with symptoms.

I would think the Kaiser at least must have a ton of Real World data following up patients like you and I and could compare those with SOC and those with SOC plus Vascepa .
You have stents ?
How soon did they prescribe you Vascepa after your PCI. I have 2 friends " stented " last year but their Cardiologists did not prescribe Vascepa because they were on blood thinners .

Kiwi
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antibluechip antibluechip 10 hours ago
Kiwi, Excellent Proposal and Instruction on Power/Significance.
Along the same lines, do you think there are enough of us who have been on Vascepa for 5 years or more( typically after some intervention or detection), that could form the basis for a "post analysis" of subsequent "heart events," "plaque change," or similar markers? And I suppose a comparative non-Vascepa group could be identified easily.
As an example, I have been on V for 10 years after a CT scan and Heart Catheterization showed 3 serious blockages. As a researcher, I have always been hoping for a followup Heart Cath to see what if anything has changed. But cardios don't do a followup Heart Cath unless you present symptoms. Seems that individuals in my situation would yield some valuable data for just the cost of a 2nd Heart Cath. And of course others like me who ended up with stents, would seem to be an even larger group of candidates.
Thoughts, Ideas?
Dave
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Whalatane Whalatane 10 hours ago
Snd. Here's an example of a clinical trial actually run by the German Health Dept

Short trial. ... 1 year
https://pubmed.ncbi.nlm.nih.gov/31475799/

Conclusions: Among patients who presented with acute coronary syndromes with or without ST-segment elevation, the incidence of death, myocardial infarction, or stroke was significantly lower among those who received prasugrel than among those who received ticagrelor, and the incidence of major bleeding was not significantly different between the two groups. (Funded by the German Center for Cardiovascular Research and Deutsches Herzzentrum München; ISAR-REACT 5 ClinicalTrials.gov number, NCT01944800.)

MI and stroke significantly lower but no increase in major bleeding .......run a similar trial with Vazkepa

Kiwi
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DMC8 DMC8 10 hours ago
Reminder
https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired
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Whalatane Whalatane 10 hours ago
Snd. We need meaningful reimbursement in Germany , France and Italy . If I was the Ceo of AMRN I would try to engage those Health Depts in discussions on designing a clinical trial that if successful would make them commit to at least cover the selected population studied in the trial .

An obvious R-IT subgroup IMHO is the revascularisation subgroup . Event lines separated fairly early
Theres no placebo . We would compare existing SOC ( standard of care ) with SOC plus Vascepa and look at the revasc rates following the initial PCI procedure
In R-IT , these revasc rates were cut by roughly 50% ........so a major savings in healthcare costs to these Health Depts .
Again ...we need the buy in from these 3 health depts in at least designing , organizing and if necessary running this trial ...say as Kaiser ran MITIGATE. here in the US.

The trial has to be large enough ( properly powered ) so that these Health Depts agree will act on the results if the risk reduction is clinically relevant and statistically significant. The Greek trial Capt referred to is " hypothesis generating " .

Its important to understand how clinical trials are powered to get health depts to act on the results
Power is critical in clinical trials because it helps determine the ability of a study to detect a true effect if it exists. In other words, it measures the likelihood that the study will correctly identify a treatment effect when one truly exists, as opposed to mistakenly concluding that there is no effect (a false negative) or incorrectly concluding that there is an effect when there isn't (a false positive). Here are a few key points about the importance of power in clinical trials:

Statistical Significance: Power is closely related to statistical significance. A study with low power may not detect a true effect, even if one exists, leading to a false conclusion that the treatment is not effective. On the other hand, a study with sufficient power has a better chance of detecting a true effect if it's present.

Sample Size Determination: Power analysis is used in the design phase of a study to calculate the sample size needed to achieve a desired level of power. This calculation considers factors such as the expected effect size, variability of the data, and the desired level of statistical significance.

Ethical Considerations: Conducting a study with low power can be considered unethical because it may involve exposing participants to potential risks without the ability to generate meaningful results. Adequate power ensures that the study has a reasonable chance of answering its research question.

Resource Utilization: Clinical trials are resource-intensive, involving time, money, and human resources. Conducting underpowered studies can be a waste of these resources, as they may not provide reliable answers or contribute significantly to scientific knowledge.

Regulatory Approval: Regulatory agencies often require studies to have adequate power to detect clinically meaningful effects. This requirement ensures that the evidence generated from trials is robust and can support decisions regarding the safety and efficacy of interventions.
In summary, power is crucial in clinical trials because it influences the reliability and validity of study results, ethical considerations, resource utilization, and regulatory acceptance. A well-powered study is more likely to provide meaningful insights and contribute to evidence-based decision-making in healthcare.


Bottom line ...Ypu need these EU health depts to buy into this trial in some form ( AMRN may fund it but the Health depts have input on design and actually run the trial ........short trial ...max 3 yrs if possible and if properly powered )

Kiwi
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DAR53 DAR53 11 hours ago
Options (and stock) normally vest over 3-4 years so they may be referring to a third of the options vesting. If so, they would not be excercised since the strike price is sooo high on the initial awards. But, I think the sentiment (from KM) is that they should all vest since there was a 'change in control'. That of course will be decided by the court, however by quitting you normally lose any potential stock / option awards.
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JRoon71 JRoon71 11 hours ago
Thanks DAR. I am just curious where people are getting the idea that his options expire in may 2024.
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DAR53 DAR53 11 hours ago
None
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DAR53 DAR53 11 hours ago
Correct. On stock options they typically vest in either 3 or 4 years depending on the specific company, and the expiration dates typically will go out 10 years from date of issue. That being said, if KM wins his case against Amarin, he will have until 2032 to excercise the options he received. But as you can see, the lowest option awarded has a $3.66 cost basis.
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JRoon71 JRoon71 12 hours ago
If the second dates in those lines are an indication of expiration date, then they are not even close to expiration. Correct?
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DMC8 DMC8 12 hours ago
Activist investor Alex Denner, Bioverativ shareholder reach tentative settlement in insider trading case https://t.co/yerkz2klu3

Denner had been accused of using his position as a Bioverativ board member to make nearly $50 million from insider trading in connection with the…— Adam Feuerstein ✡️ (@adamfeuerstein) April 29, 2024
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