Shesa's Investment Blog

The news about Amarin losing the court battle at lease for now was shocking to say the least!! The company spent almost 7 yeas and tested on more than 8,000 people worldwide, spent hundreds of millions of dollars to bring it to the market, but the stock fell 67% in after hour trading to $4.46 .  The company said,  decision is going to challenged and likely take a long time before we know final outcome. Assuming that,  the final verdict is lost in the higher court, those generic still can't market for indicator on which FDA Approved the drug. Below are some of my thoughts: Company is going to appeal the decision on higher court which may go for years. The company says to  vigorously pursue all available remedies, including an appeal of the Court’s decision and a preliminary injunction pending appeal to, if an ANDA is approved by FDA. Generics only approved for  Triglycerides > 500 which is smaller market than TG <500. So Vascepa’s validity st...

MARCH 2020 - INVESTMENT BLOG By Shesa Nayak U.S. Stock Market Update       Not sure where to start!! The U.S and World is going through an unprecedented crisis which was never witnessed before and that’s Coronavirus !! It has been a phenomenon across the globe and all focus is “on and around Coronavirus”. New York, Washington state, California are almost shutdown in order to control spread of the virus. However, as Wall Street Journal reported “if this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine”. I do agree with some of their assessments but probably stopping further spread of virus is the need of the hour. Why is the world so focused about Coronavirus? There are good reasons for that, Coronavirus (COVID-19) is causing tremendous fear and panic, people are dying in large number, the whole world economy is getting toasted, the stock m...