Amarin Corporation PLC To Present At Bank of America Health Care Conference
LONDON, May 12 /PRNewswire-FirstCall/ -- Amarin Corporation plc today announced that Rick Stewart, Chief Executive Officer of Amarin, will present a corporate update at the Bank of America Health Care Conference 2006 on Wednesday, May 17, 2006 at 8.40 a.m. Pacific Daylight Time/4.40 p.m. British Summer Time/11.40 a.m. Eastern Daylight Time. The conference will be held from May 16 to18 at the Four Seasons Hotel, Las Vegas, Nevada.
The presentation will be simultaneously webcast and a link will be provided on Amarin Corporation's website www.amarincorp.com
Amarin is a neuroscience company focused on the research, development and commercialization of novel drugs for the treatment of central nervous system disorders. Amarin has a late-stage drug development pipeline. Miraxion, Amarin's lead development compound, is in phase III development for Huntington's disease, phase II development for depressive disorders and preclinical development for Parkinson's disease. Miraxion for Huntington's disease is being developed under a Special Protocol Assessment agreed with the US Food and Drug Administration ("FDA"), has been granted fast track designation by the FDA and has received orphan drug designation in the US and Europe. Amarin seeks to directly commercialize its neurology products (e.g., Miraxion for Huntington's disease) in the US and out-license or partner its product rights in markets outside the US and for indications outside neurology (e.g., depression). Amarin seeks to acquire and in-license neurology products that it can develop and market directly itself in the US.
For press releases and other corporate information, visit our website at http://www.amarincorp.com. Information on our website is not part of this press release.
The information contained in this document is as of May 12, 2006. Amarin assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments. This document contains forward-looking statements about Amarin's financial condition, results of operations, business prospects and products in research that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "will", "anticipate", "estimate", "project", "forecast", "intend", "plan", "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or events. Among the factors that could cause actual results to differ materially from those described or projected herein are the following: the success of Amarin's research and development activities, including the phase III trials with Miraxion in Huntington's disease; decisions by regulatory authorities regarding whether and when to approve Amarin's drug applications, as well as their decisions regarding labelling and other matters that could affect the commercial potential of Amarin's products; the speed with which regulatory authorizations, pricing approvals and product launches may be achieved; the success with which developed products may be commercialized; competitive developments affecting Amarin's products under development; the effect of possible domestic and foreign legislation or regulatory action affecting, among other things, pharmaceutical pricing and reimbursement, including under Medicaid and Medicare in the United States, and involuntary approval of prescription medicines for over-the-counter use; Amarin's ability to protect its patents and other intellectual property; claims and concerns that may arise regarding the safety or efficacy of Amarin's product candidates; governmental laws and regulations affecting Amarin's operations, including those affecting taxation; Amarin's ability to maintain sufficient cash and other liquid resources to meet its operating requirements; general changes in U.K. and U.S. generally accepted accounting principles; growth in costs and expenses; and the impact of acquisitions, divestitures and other unusual items, including Amarin's ability to integrate its acquisition of Amarin Neuroscience Limited. A further list and description of these risks, uncertainties and other matters can be found in Amarin's Annual Report on Form 20-F for the fiscal year ended December 31, 2005, and in its Reports of Foreign Issuer on Form 6-K furnished to the SEC.Amarin Corporation Plc
CONTACT: Contacts: Amarin Corporation plc, Rick Stewart, Chief ExecutiveOfficer, Alan Cooke, Chief Financial Officer, +44-(0)207-907-2442;Investors: Lippert/Heilshorn & Associates, Inc., Kim Golodetz(firstname.lastname@example.org), Anne Marie Fields (email@example.com),+1-212-838-3777; Media: Powerscourt, Rory Godson/Victoria Brough,+44-(0)207-236-5615