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US sues to block Amgen’s $27.8 billion takeover of Horizon Therapeutics

Por: The Boston Globe Tech May 17, 2023

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The Federal Trade Commission on Tuesday sued to block drugmaker Amgen’s $27.8 billion acquisition of pharmaceutical company Horizon Therapeutics, saying it would thwart competition in the drug industry.The FTC said the deal would allow Amgen to exploit a maneuver known as bundling, in which pharmaceutical companies take advantage of their large portfolios of drugs to offer discounts to insurers and others in exchange for favoring their... + full article



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