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Amarin Corp. plc

Amarin posts quarterly loss of $0.10 per share

Published in Pharma Law Weekly, March 21st, 2006

Amarin Corp. plc (AMRN) reported financial results for the fourth quarter and full year ended December 31, 2005.

For the quarter ended December 31, 2005 Amarin reported a net loss of $5.2 million or 10 cents per American Depositary Share (ADS), compared with a net loss of $4.8 million or 13 cents per ADS in the quarter ended December 31, 2004. The net loss for the quarter primarily reflects Amarin's substantial investment in research and development and intellectual property offset by license fee revenue and a reduction in selling, general and administrative costs.

For the year ended December 31, 2005, Amarin reported a net loss of $18.7 million or...

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