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FTC Moves to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics

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The FTC has challenged biotech Amgen’s proposed $28 billion purchase of rare-disease drugmaker Horizon

, in a rare effort by antitrust enforcers to prevent a merger of pharmaceutical companies.from closing. A federal judge would need to approve the injunction. That is part of a two-step legal process the agency typically uses to prevent mergers it believes are illegal.

 

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FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon TherapeuticsThe Federal Trade Commission is preparing to block Amgen’s $28 billion deal to buy Horizon Therapeutics
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