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Amarin Corp. (AMRN) Is Down Sharply On Vascepa Plans

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Amarin Corp. (AMRN: Quote) announced a $100 million non-equity financing after the bell Thursday with an investment fund managed by Pharmakon Advisors. Amarin is continuing its preparations to commercialize Vascepa capsules with the hiring of a sales force in the United States.

Amarin gapped open sharply lower Friday morning and is now down 2.38 at $9.57 on above average volume. The stock has dropped to a 7 1/2 month low.

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by RTT Staff Writer

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