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.
Brenton Flynn has no positions in the stocks mentioned above. Max Macaluso, Ph.D. has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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Second-quarter Vascepa sales were even better than expected.