Lars Ekman - Amarin PLC Independent Chairman of the Board

AMRN Stock  USD 0.87  0.01  1.16%   

Chairman

Dr. Lars G. Ekman, M.D., Ph.D., was appointed as Independent Chairman of the Board of Amarin CorporationrationPlc., effective January 1, 2014. With more than 29 years of experience in the pharmaceutical industry, Dr. Ekman is currently an executive partner at Sofinnova Ventures and serves as Executive Chairman of Sophiris Bio Inc. as well as Chairman of Prothena Biosciences. From October 2008 to 2011 he served as CoFounder and Chief Executive Officer of Cebix Inc. He was Executive Vice President and President of Global Research and Development at Elan Corporation plc, from January 2001 to December 2007. Prior to joining Elan, he was Executive Vice President, Research and Development at Schwarz Pharma AG from February 1997 to December 2000, and prior to that was employed in a variety of senior scientific and clinical functions at Pharmacia, now Pfizer. Dr. Ekman also sits on the board of directors of InterMune Inc. and Ocera Therapeutics since 2014.
Age 68
Tenure 10 years
Professional MarksPh.D
Address Iconic Offices, The Greenway, Dublin, Ireland, 112-114
Phone353 0 166 99020
Webhttps://www.amarincorp.com
Ekman is a boardcertified surgeon with a Ph.D. in experimental biology and has held several clinical and academic positions in both the United States and Europe. He obtained his Ph.D. and M.D. from the University of Gothenburg, Sweden. Based on Dr. Ekman’s experience within the pharmaceutical industry and his executive experience, specifically his experience as Chief Executive Officer and other executive positions in the biotechnology industry, as well as his service on boards of directors in the biotechnology industry, the Board believes Dr. Ekman has the appropriate set of skills to serve as a member of our Board.

Amarin PLC Management Efficiency

The company has return on total asset (ROA) of (0.0127) % which means that it has lost $0.0127 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.103) %, meaning that it created substantial loss on money invested by shareholders. Amarin PLC's management efficiency ratios could be used to measure how well Amarin PLC manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, Amarin PLC's Asset Turnover is very stable compared to the past year.
The company currently holds 8.74 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Amarin PLC has a current ratio of 2.34, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Amarin PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Amarin PLC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Amarin PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amarin to invest in growth at high rates of return. When we think about Amarin PLC's use of debt, we should always consider it together with cash and equity.

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Amarin Corporation plc, a pharmaceutical company, engages in the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States, Germany, Canada, Lebanon, and the United Arab Emirates. Amarin Corporation plc was incorporated in 1989 and is headquartered in Dublin, Ireland. Amarin Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 560 people. Amarin PLC (AMRN) is traded on NASDAQ Exchange in USA. It is located in Iconic Offices, The Greenway, Dublin, Ireland, 112-114 and employs 275 people. Amarin PLC is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Amarin PLC Leadership Team

Elected by the shareholders, the Amarin PLC's board of directors comprises two types of representatives: Amarin PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Amarin. The board's role is to monitor Amarin PLC's management team and ensure that shareholders' interests are well served. Amarin PLC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Amarin PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason JD, Chief VP
Joseph JD, Exec Counsel
Jordan Zwick, Senior Relations
Aaron Berg, Senior Vice President - Marketing and Sales
Kristine Peterson, Non-Executive Independent Director
Lars Ekman, Independent Chairman of the Board
Mark Salyer, Chief Commercial Officer
Craig Granowitz, Chief Medical Officer
David Stack, Independent Director
Joseph Kennedy, Senior Vice President Chief Compliance Officer, General Counsel, Secretary
Thomas Reilly, Chief Officer
Steven Ketchum, President Officer
Lisa DeFrancesco, Sr Relations
Jan Heek, Non-Executive Independent Director
Alina Kolomeyer, Director Communications
Patrick Holt, CEO President
Nabil Abadir, Chief Affairs
James Healy, Non-Executive Independent Director
John Thero, CEO and President Assistant Secretary and Director
Stephen Ketchum, President - Research and Development, Senior Vice President
Gwen Fisher, Vice President - Corporate Communications
David Keenan, Executive Europe
Patrick OSullivan, Non-Executive Independent Director
Jonathan Provoost, Executive Officer
Michael Kalb, CFO, Senior Vice President
Laurent Abuaf, President VP
Donna Pasek, Senior Resources
Michael Farrell, Principal Financial Officer, Principal Accounting Officer and VP of Fin.
Karim Mikhail, CEO Pres
Van Heek, Non-Executive Independent Director
Joseph Zakrzewski, Director

Amarin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Amarin PLC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amarin PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amarin PLC's short interest history, or implied volatility extrapolated from Amarin PLC options trading.

Pair Trading with Amarin PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amarin PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amarin PLC will appreciate offsetting losses from the drop in the long position's value.

Moving against Amarin Stock

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The ability to find closely correlated positions to Amarin PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarin PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amarin PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amarin PLC to buy it.
The correlation of Amarin PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amarin PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarin PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amarin PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Amarin PLC's price analysis, check to measure Amarin PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
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Is Amarin PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amarin PLC. If investors know Amarin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amarin PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.15)
Revenue Per Share
0.753
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.