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Stock impact report

Amarin (AMRN) Up 7% on Intellectual Property Wins in Europe [Yahoo! Finance]

Amarin Corporation plc - American Depositary Shares, each representing one Ordinary Share (AMRN) 
Last amarin corporation plc - american depositary shares, each representing one ordinary share earnings: 4/30 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.amarincorp.com/investors
Company Research Source: Yahoo! Finance
Amarin obtained a new patent covering Vazkepa from the European Patent Office (EPO). The latest patent adds another eight years to the drug's regulatory exclusivity in Europe, extending the commercial protection across the continent till April 2039. Along with the above news, management succeeded in defending another one of Vazkepa's already-granted patents in Europe against third-party opposition. The EPO upheld the validity of this patent. The claims covered by both of these patents are supported by results from the pivotal late-stage REDUCE-IT study, which showed that treatment with Vazkepa reduced cardiovascular (CV) death and coronary revascularization risks. The grant of such patent exclusivities is key for companies in the healthcare sector, who can utilize the opportunity to set the price for their drugs, benefiting from the absence of competition. The share price rose likely due to this reason. Year to date, Amarin's shares have gained 21.8% compared with the industry' Show less Read more
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