Amarin's (NASDAQ:AMRN) new triglyceride-lowering drug, Vascepa, could have major advantages for patients over its main competitor -- GlaxoSmithKline's (NYSE:GSK) Lovaza -- since one of Lovaza's components has been associated with increasing LDL cholesterol, more commonly referred to as "bad" cholesterol. That could translate to major profits for Amarin should Vascepa reach the market, but the stock has stumbled recently due to delays in getting the NCE, or New Chemical Entity, status from the Food and Drug Administration. That has been tricky to get, since the main component of Vascepa is in fact part of Lovaza. In this video, Motley Fool health care analyst Max Macaluso sheds some light on why the FDA hasn't decided on Vascepa's status yet and what investors need to know going forward.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.