Amarin Corp. (AMRN) Announces Comprehensive Cost Reduction Plan
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Amarin Announces Comprehensive Cost Reduction Plan to Address Market Dynamics in U.S. Business
June 6, 2022 8:30 AM EDT-- Company Expects to Achieve Approximately $100 Million in Cost Savings Over the Next 12 Months* While Continuing to Invest in European Launches and Global Expansion --
-- Reduces U.S. Commercial Organization by Ninety Percent of Pre-Pandemic / Pre-Generic Competition Levels --
-- Creates Core Focused U.S. Commercial Team to Support Branded VASCEPA Revenues --
-- Actions Optimize Operations While Maintaining Positive U.S. Contribution Margin to Support Companys Next Steps --
DUBLIN, Ireland and BRIDGEWATER, N.J., June 06, 2022 (GLOBE NEWSWIRE) -- Amarin Corporation plc... More
