Amarin Provides Pricing & Reimbursement Updates For VAZKEPA In The Netherlands And Italy
Portfolio Pulse from Benzinga Newsdesk
Amarin Corporation (NASDAQ:AMRN) announced pricing and reimbursement updates for its drug VAZKEPA in the Netherlands and Italy. The Dutch Ministry of Health has approved VAZKEPA for national reimbursement, allowing Amarin to commercialize the drug in the Netherlands starting September. However, Italy's AIFA Pricing & Reimbursement Committee has issued a negative decision on VAZKEPA, despite a positive scientific assessment by the Italian Scientific Technical Committee. Amarin is continuing to engage with AIFA to secure a positive pricing outcome.
August 09, 2023 | 9:26 pm
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Amarin's VAZKEPA has been approved for national reimbursement in the Netherlands, which could boost the company's revenues as it begins commercialization efforts in September. However, the negative decision from Italy's AIFA could potentially limit the drug's market reach and impact future revenues.
The approval of VAZKEPA for national reimbursement in the Netherlands is a positive development for Amarin, as it allows the company to commercialize the drug and potentially increase its revenues. However, the negative decision from Italy's AIFA could limit the drug's market reach in Italy, which could impact future revenues. Given these mixed outcomes, the short-term impact on Amarin's stock price is neutral.
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