What Are Amarin’s Earnings Projections for 2018?
According to Amarin’s (AMRN) third-quarter earnings conference call, the company secured prescription approval rates of 75% for Vascepa from Managed Care organizations—similar to the approval rates witnessed by generic Lovaza. The company has been witnessing rapid revenue growth for Vascepa, despite a narrow label and low salesforce. Amarin is focused on capacity expansion, which could support more than $1.0 billion worth of Vascepa’s net revenues in 2019.