Canaccord Trims PT on Amarin (AMRN); Sees Increased Commercial Risk, Still Positive on NCE

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Amarin (AMRN) in Focus as Traders Await NCE Decision on Vascepa

December 14, 2012 1:07 PM EST

Amarin (Nasdaq: AMRN) shares are higher on the session as traders anticipate an NCE decision on Vascepa sometime today, though nothing is in stone.

Shares are 24 percent lower from the close on December 6th, with Amarin... More

MKM Cuts PT on Amarin (AMRN) to $12; Sees 5% Chance of Partnering on Vascepa Now

December 7, 2012 10:54 AM EST

MKM Partners is keeping its Buy call on Amarin (Nasdaq: AMRN), but cutting its price target by $3 to $12 following Thursday's announcement of new financing and plans to hire more sales staff.

The firm notes that Amarin's moves indicate a "go-it-alone" strategy... More

Lazard Capital Cuts PT on Amarin (AMRN) to $16

December 7, 2012 10:39 AM EST

Lazard Capital lowers its price target on Amarin Corporation (NASDAQ: AMRN) from $26 to $16 but maintains its Buy rating after go-it-alone news.

For an analyst ratings summary and ratings history on Amarin Corporation click... More

Jefferies Maintains Bullish Stance on Amarin (AMRN) Despite Self Commercialization News

December 7, 2012 8:00 AM EST

Jefferies reiterated their Buy and $28 price target on Amarin Corporation (NASDAQ: AMRN) following the company's move to self-commercialize Vascepa.

The firm comments, "AMRN announced a decision to hire a salesforce to launch Vascepa in 1Q13 with a $100m non-dilutive debt... More

Amarin (AMRN) Still Risky into NCE Amid Vascepa Sales Staff Additions, Financing - Analyst

December 7, 2012 7:20 AM EST

Amarin (Nasdaq: AMRN) is in the dumps Friday morning following a news release Thursday night that it was entering a non-equity financing agreement for $100 million and hiring about 250 to 300 reps for its Vascepa launch.

Today, Wedbush is out with some comments on the news today.

Wedbush said the timing of the release was a surprise following... More

Amarin (AMRN) Enters $100M Non-Equity Financing Agreement; Hiring for Vascepa Sales Launch

December 6, 2012 4:03 PM EST

Amarin Corporation plc (Nasdaq: AMRN) announced today a $100 million non-equity financing with an investment fund managed by Pharmakon Advisors and that Amarin is continuing its preparations to commercialize Vascepa® (icosapent ethyl) capsules with the hiring of a sales force in the United States. Payments by Amarin under this hybrid debt-like instrument are expected to be made over a 3.5-year period commencing in November 2013 and to continue through early 2017.

As... More