2024-04-16 13:51:41 ET
Summary
- Amarin is going through a turbulent period with a strong contraction in revenue and margins.
- The EU and China markets seem too small to make significant changes, and the US market is suffering from margin erosion.
- The number of hedge funds that are investing in Amarin is reducing.
- My share price evaluation does not seem to offer positive returns on investment.
Amarin ( AMRN ) represents a beautiful parable that had brilliant potential until 3 years ago, and which over the years has failed to develop the business in such a way as to protect existing revenue, and above all, develop new revenue. 2023 saw the implementation of a series of important actions (change of CEO, implementation of a major corporate restructuring plan, reorganization of the commercial structure) to lay the foundations for a decisive corporate turnaround. The first positive signs were seen starting from Q4-23 and are certainly aimed at leading a virtuous path....
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Amarin Corporation: Small Signs Of Recovery May Not Be Enough