Anonymous
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Anonymous
Guest
What "poker game", BP are laughing at Amarin.
BP is so desperate for revenue streams that they will pay billions of dollars for anything that has even the smallest value proposition. If you do not think that BP has interest in acquiring Vascepa, fish oil and all, you have absolutely no clue about the industry.
Case in point, BMS purchase of Amylin. BMS offered $22 for Amylin. They said no thanks, diluted their equity only to accept $31 3 months later. Bydureon is similar to Vascepa in many ways, being that neither asset is rare or non-substitutable, but still has marketable aspects.
Companies like AZN are in such dire need of products that they are absolutely "playing poker" with Amarin in effort to get the best price.