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Biotech / Medical : AMRN: Amarin Corporation plc
AMRN 15.670.0%Nov 7 9:30 AM EST

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From: Joe Dancy12/3/2000 10:42:55 AM
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Amarin recently announced that revenues were up over 200% last quarter, and at a presentation to analysts in Paris they stated that their goal is revenues of $100 million in fiscal year 2003, up from maybe $20 million now.

And they have a target market capitalization of $500 million - a seven fold increase from current price levels - in the same time period.

Management has a strong influence from Elan - who has rights to buy 70%+ of the company by excercising warrants.

AMRN management's comments on their strategy and products made at the SG Cowen Paris conference can be accessed at sgcowen.com
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