Amarin Received Decision To Grant From European Patent Office For New Patent Covering VAZKEPA That Will Extend VAZKEPA Exclusivity Eight Additional Years Into 2039.
Portfolio Pulse from Benzinga Newsdesk
Amarin has been granted a new patent by the European Patent Office for VAZKEPA, extending its exclusivity by eight additional years until 2039. This development is significant for Amarin as it ensures prolonged market protection for VAZKEPA in Europe, potentially enhancing the company's revenue and market position in the cardiovascular treatment sector.
April 03, 2024 | 12:10 pm
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The grant of a new patent for VAZKEPA by the European Patent Office, extending its exclusivity until 2039, is a significant positive development for Amarin. This extension is likely to protect the company's revenue from VAZKEPA in Europe, potentially leading to increased market share and financial stability.
The extension of VAZKEPA's exclusivity is crucial for Amarin, as it ensures the company can maintain its competitive edge in the cardiovascular treatment market without the immediate threat of generic competition. This patent protection is directly tied to the company's ability to generate sustained revenue from VAZKEPA in a significant market like Europe, which is why the impact on Amarin's stock is likely positive in the short term.
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