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Benzinga
Benzinga
Technology
Vandana Singh

Why Amarin Shares Are Plunging After Q1 Earnings

Amarin Corporation plc (NASDAQ:AMRN) shares are plunging after it said it would continue suspending 2022 revenue guidance and Q1 earnings came short of expectations.

The update follows the ongoing global impact of COVID-19 and the uncertainty resulting from the impact of generic icosapent ethyl (IPE) availability in the U.S. and challenges for most drugs seeking market access in Europe.

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