AMRN to present Phase 3 data at Annual Scientific Session |
![]() |
![]() |
By M.E.Garza | |
Tuesday, 05 April 2011 07:29 | |
![]()
Patrick Crutcher of BioMedReports, who closely covers the stock and recently spoke to our premium subscribers about the trials during a web conference, has the following thoughts on the company's still highly anticipated ANCHOR study: "Their lead product, AMR-101, has already posted successful results in their MARINE study, and we believe that they have a high likelihood of showing the same in the ANCHOR study. Amarin expects to announce the ANCHOR results sometime in Q2. Based on the completed randomization in December, 12-week endpoints, additional administrative work and data analysis, we suspect the results could be available sometime in April. We think that there is significant rationale to believe that the ANCHOR results will yield positive results. A recent 191-patient study for mixed dyslipidemia patients(Nomura et al, 2009) demonstrated that “EPA(1.8g) alone or combined therapy significantly(p<0.05) lowered TG levels compared with those observed with pitavastatin alone." Here EPA was Epadel, a currently approved ethyl-EPA prescription product in Japan. These are significant results for several reasons. First, it reaffirms our belief that AMR-101 at 2g and 4g has very high chances of showing positive results in this patient population. Now if you look at the MARINE study, they saw that those on background statin therapy had much greater median reductions in TG levels(statistically significant), than those not on statin therapy. Part of the inclusion criteria for the ANCHOR study was a stable dose of statins. This synergistic effect could play in important role in the ANCHOR results and later potential studies for the additional indication as a combination therapy with statins. " If you did not hear Patrick's coverage on the stock during the recent conference call in late March, it is available in audio format below and for download here: http://www.box.net/shared/np8f78byqb Disclosure: None "Featured Content" profiles are meant to provide awareness of these companies to investors in the small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. BiomedReports is not paid or compensated by newswires to disseminate or report news and developments about publicly traded companies, but may from time to time receive compensation for advertising, data, analytics and investor relation services from various entities and firms. Full disclosures should be read in the 'About Us Section'. Add this page to your favorite Social Bookmarking websites ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |