Amarin Corp Plc (AMRN) Posts Q1 Loss of 16c/Share; Updates on Ops

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Amarin Reports First Quarter 2014 Financial Results and Provides Update on Operations

May 9, 2014 7:00 AM EDT

BEDMINSTER, N.J. and DUBLIN, Ireland, May 9, 2014 (GLOBE NEWSWIRE) -- Amarin Corporation plc (Nasdaq: AMRN), a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health, today announced financial results for the quarter ended March 31, 2014, and provided an update on company operations.

Key Amarin achievements since December 31, 2013 include:

Recognized $11.0 million in product revenue from Vascepa® (icosapent ethyl) sales in Q1 2014 compared to $2.3 million in Q1 2013 Increased productivity company-wide by advancing key initiatives, with lower cost and staffing levels than previous quarters, while maintaining Vascepa prescription... More