The Biotech Banter crew is getting into the World Cup spirit, looking at foreign biotechs to see whether they're investable.
Amarin (NASDAQ: AMRN ) has a drug on the market, but unfortunately its fish oil Vascepa has struggled to gain much traction. The hope was that the company could get FDA approval for a wider population of patients with moderately high triglyceride levels, but the FDA shot down the idea.
Prosensa (NASDAQ: RNA ) is developing a Duchenne muscular dystrophy drug called drisapersen. The drug failed a phase 3 trial, but the company thinks it might still be able to get the drug approved.
Jazz Pharmaceuticals (NASDAQ: JAZZ ) is a specialty pharma focused on narcolepsy, oncology, pain, and psychiatry. Shares in the company are up about 125% over the past year, so it must be doing something right.
Watch the following video to see whether senior biotech specialist Brian Orelli and health-care analyst David Williamson give the companies a goal, raise a yellow card, or send them off with a red card.
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