Amarin Link Gaffe Pushes Shares Higher

Amarin Link Gaffe Pushes Shares Higher

ID: 167090

(Thomson Reuters ONE) -


Shares of Amarin Corporation (NASDAQ:AMRN) moved higher on Thursday after a
webpage suggesting 'Vascepa' as the brand name for AMR101 - a prescription fish
oil formulation for high triglycerides - was leaked on the web. When that
happened, the page was quickly taken down.

The link pointed to http://uat.amarin.strategicedge.com/vascepa/index.html, a
page hosted on strategicedge.com, which belongs to a 'Healthcare communications
and marketing company'. According to their 'about' page, Strategic Edge
Communications (abbreviated as 'SEC', ironically) has been around for at least a
decade and online for at least 5 years. A call to the company for a comment on
this matter went unanswered. "Everyone is currently busy," said their
receptionist.

Notwithstanding, the market has taken this occasion as a hint that AMR101 will
gain FDA approval later this month. Momentum is expected to remain positive
heading into the FDA's decision date of July 26th.

Click here for a screenshot of the page that appeared on strategicedge.com,
before it vanished.

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Source: PropThink via Thomson Reuters ONE
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Bereitgestellt von Benutzer: hugin
Datum: 19.07.2012 - 18:57 Uhr
Sprache: Deutsch
News-ID 167090
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