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Amarin Corp Plc - $AMRN STOCK NEWS

Welcome to our dedicated page for Amarin Plc news (Ticker: $AMRN), a resource for investors and traders seeking the latest updates and insights on Amarin Plc stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Amarin Plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Amarin plc (NASDAQ: AMRN) will have their president and CEO, Patrick Holt, participate in a fireside chat at the 2024 H.C. Wainwright 2nd Annual BioConnect Investor Conference on May 20th, 2024, in NYC. The session will be webcast live and archived on the Company’s website.

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7.69%
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Amarin plc (NASDAQ:AMRN) reported its first-quarter 2024 business update and financial results. The company received a new patent extending intellectual property protection in Europe until 2039. While the U.S. market saw a decline in revenue due to generic competition, the European market experienced significant growth. Amarin also announced a share repurchase program and remains stable with a cash position of $308 million. Overall, the company is focused on enhancing its value for the future.

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Amarin supports a petition urging the FDA to address off-label prescribing of fenofibrates, highlighting the lack of clinical benefits in reducing cardiovascular disease. Despite FDA label changes in 2015, over 11 million prescriptions were written in 2023, exposing patients to unnecessary risks and payors to increased costs.
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Amarin plc (NASDAQ:AMRN) announces shareholder approval for a $50 million share repurchase program at its 2024 Annual General Meeting. The Company can now proceed with the program pending U.K. High Court approval, along with other resolutions passed, including re-election of directors and approval of executive compensation.
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Amarin plc (AMRN) will host a conference call on May 1, 2024, to discuss its first quarter 2024 financial results. Shareholders can submit questions through Say Technologies. Access to the live call and replay details are provided.
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Amarin plc (AMRN) highlighted three data presentations at ACC.24 showcasing the mechanistic activity of Eicosapentaenoic acid (EPA), emphasizing its effects on endothelial cell dysfunction and oxidation of samples enriched with Lp(a). The studies further the understanding of VASCEPA/VAZKEPA's mechanism of action in reducing cardiovascular events.
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Amarin plc presented findings on VASCEPA/VAZKEPA utility in REDUCE-IT patient subgroups based on baseline high/low Lp(a) and LDL-C levels. The data highlighted the significant impact of VASCEPA/VAZKEPA in reducing MACE and lowering cardiovascular events, regardless of baseline LDL-C levels. The Lp(a) analysis results were published in the Journal of the American College of Cardiology (JACC), reinforcing the positive outcomes of the study.
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Amarin plc (NASDAQ:AMRN) has received a Decision to Grant from the European Patent Office (EPO) for a new patent extending VAZKEPA exclusivity in Europe until 2039. This extends the commercial runway for VAZKEPA by eight additional years, reinforcing the Company's IP rights and strengthening its position in the European market.
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7.07%
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Amarin plc (AMRN) announced additional patient subgroup analyses from the REDUCE-IT outcomes trial and mechanistic data on icosapent ethyl (IPE)/eicosapentaenoic acid (EPA) to be presented at the American College of Cardiology's Annual Scientific Session. The data supports VASCEPA/VAZKEPA's efficacy in reducing cardiovascular events across different patient subgroups, regardless of baseline Lipoprotein(a) or LDL-C levels.
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Amarin Corporation plc (AMRN) reports total revenues of $75 million in Q4 and $306 million for full-year 2023. They reaffirm a year-end cash position of $321 million and a positive cash flow of $10 million for 2023. The company plans to execute a share repurchase program of up to $50 million by Q2 2024. Despite a decrease in net product revenue, Amarin remains focused on building momentum in 2024 and beyond.
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Amarin Corp Plc

Nasdaq:AMRN

AMRN Rankings

AMRN Stock Data

400.64M
383.11M
1.54%
23.81%
4.49%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
DUBLIN 2

About AMRN

amarin corporation plc is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. vascepa® (icosapent ethyl) is amarin's first fda approved product and is available in the united states by prescription. for more information about vascepa visit www.vascepa.com.