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Wednesday, July 24, 2019

Amarin up on draft ICER report confirming Vascepa value

Amarin (NASDAQ:AMRN) perks up 3% premarket on light volume on the heels of a draft report from the non-profit Institute for Clinical and Economic Review (ICER) concluding that Vascepa (icosapent ethyl) and Johnson & Johnson’s (NYSE:JNJ) blood thinner Xarelto (rivaroxaban) provide clinical benefit, reduce cardiovascular risk and “fall below commonly cited thresholds for cost-effectiveness.” In other words, the products are priced appropriately for the value delivered.
JNJ is off a fraction premarket.

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