Amarin Corporation plc develops and commercializes cardiovascular therapeutics centered on icosapent ethyl, marketed as VASCEPA in the United States and VAZKEPA in Europe. Company news commonly covers product revenue, cash flow, U.S. prescription trends, partner-led international commercialization, and European distribution under an exclusive licensing and supply agreement with Recordati.
Updates also include medical-society guideline discussions, REDUCE-IT analyses, peer-reviewed publications, and scientific meeting presentations on cardiovascular risk reduction, elevated triglycerides, eicosapentaenoic acid, and lipoprotein(a) oxidation.
Amarin Corporation (AMRN) announced significant findings from the REDUCE-IT study regarding its product, VASCEPA. The data revealed a 34% reduction in first coronary revascularization events and 36% reduction in total revascularizations, with sustained statistical significance achieved by 11 months. The study highlighted consistent reductions across various types of interventions, including elective and emergency procedures. These results support VASCEPA's potential to transform cardiovascular care for high-risk patients with elevated triglycerides.
Amarin Corporation plc (NASDAQ: AMRN) announced a conference call on August 4, 2020, at 7:30 a.m. ET to discuss its Q2 2020 financial results and provide an operational update. The call will follow the earlier release of its financial results and will be accessible via the investor relations section of Amarin's website or by telephone. A replay will be available for two weeks. Investors can submit questions until August 3, 2020, at 4:00 p.m. ET. Amarin focuses on developing therapeutics for cardiovascular health, with its lead product, VASCEPA®, available in several countries.
Amarin Corporation plc (NASDAQ: AMRN) has reached a settlement agreement with Apotex Inc., resolving patent litigation regarding a generic version of VASCEPA (icosapent ethyl). The agreement prohibits Apotex from selling the generic version in the U.S. until August 9, 2029, unless specific conditions allow for earlier approval. This settlement avoids further litigation costs for Amarin and resolves potential future litigation linked to VASCEPA's cardiovascular risk indication. The deal is subject to federal review and does not involve any financial payment from Amarin.
Amarin Corporation plc (NASDAQ:AMRN) announced plans to enhance promotion and education for VASCEPA® (icosapent ethyl), targeting high-risk cardiovascular patients. Following its FDA approval in December 2019, awareness is crucial as many healthcare providers and patients are unaware of VASCEPA's unique benefits. Amarin intends to restore $80 million in marketing efforts and resume face-to-face interactions with healthcare providers by late June 2020. Prescription growth has slowed due to COVID-19, but patient visits are increasing. The company also anticipates potential impacts from ongoing patent litigation concerning generic versions of VASCEPA.
Amarin Corporation plc (NASDAQ:AMRN) is supporting a clinical trial to examine the effects of icosapent ethyl (IPE) on inflammatory biomarkers in COVID-19 patients. Sponsored by the Canadian Medical and Surgical Knowledge Translation Research Group, the trial is led by Dr. Subodh Verma and Dr. Deepak L. Bhatt. The primary endpoint is the impact of VASCEPA on high-sensitivity C-reactive protein levels after 14 days. Given the potential risks of COVID-19 in cardiovascular patients, VASCEPA may offer beneficial effects. The study aims to assess various outcomes and may lead to larger studies if positive results are observed.
Amarin Corporation (NASDAQ:AMRN) announced new findings from the REDUCE-IT study, revealing a 34% reduction in first coronary revascularizations and a 36% reduction in total revascularizations with VASCEPA (icosapent ethyl) compared to placebo. The study indicated significant decreases in urgent, emergent, and elective procedures. Substantial reductions were also observed in percutaneous coronary intervention (32%) and coronary artery bypass grafting (39%). These results emphasize VASCEPA's potential to positively impact cardiovascular care for patients with elevated triglycerides.
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