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Acquisition Rumors Aren’t the Only Thing Moving Amarin Stock

Amarin is currently valued at $7.8 billion by investors. A $20-billion buy would mean paying a 160% premium to its current stock price. Maybe I’m old fashioned, but that strikes me as just a little too rich for a drug that’s only been approved for sale since July 2012 and then only to lower patients’ triglyceride levels.