Amarin (AMRN -5.93%) is plunging more than 20% in after-hours trading, after disclosing that it will be hiring a sales force for its flagship drug Vascepa. Investors were hoping for a swift buyout, and tonight's late-breaking announcement may be a blow to that happening. Management insisted that all options are still on the table ahead of a potential NCE status update next week, but this is still widely seen as a blow to a buyout or partnership. Watch health-care analysts David Williamson and Max Macaluso discuss where this leaves Amarin investors in the following video.
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Why Amarin Is Tanking After Hours
What happened to the buyout?
David Williamson owns shares of Amarin plc (ADR). Follow him on Twitter @MotleyDavid. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend GlaxoSmithKline. 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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