US district court rules favorably for Amarin over off-label Vascepa promotion
Biopharma company Amarin (Nasdaq: AMRN) has received a favorable US district court ruling regarding its ongoing lawsuit against the US Food and Drug Administration over the off-label promotion of Vascepa (icosapent).
Amarin’s shares climbed as much as 15% on the news that the court said, in the preliminary order, that Amarin is allowed to “engage in truthful and non-misleading speech to promote” Vascepa, a prescription-grade omega-3 fatty acid, to health care professionals. This is for certain uses not covered by the current FDA-approved indication of sever hypertriglyceridemia.
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