Amarin (AMRN) Higher On Reports of a Possible Sale
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Shares of Amarin Corporation plc (Nasdaq: AMRN) are 5 percent higher in pre-open trading Monday following reports from the Sunday Times that the company hired investment bank Lazard Ltd. to explore a possible sale worth more than $2 billion.
In a response to questions from Bloomberg News, the company said "Amarin works with various advisers time-to-time and does not comment on such matters."
Shares of the stock have nearly doubled since April 18 following statistically significant top-line results from its ANCHOR trial for the Company's lead product candidate, AMR101.
In a response to questions from Bloomberg News, the company said "Amarin works with various advisers time-to-time and does not comment on such matters."
Shares of the stock have nearly doubled since April 18 following statistically significant top-line results from its ANCHOR trial for the Company's lead product candidate, AMR101.
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