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Amgen’s $27.8bn Horizon Takeover Stipulates Biosimilar Restrictions

Biosimilar Restraint Part Of Litany Of New Considerations For Big Pharma Buyers

 
• By Dean Rudge

The FTC’s proposed consent order allowing Amgen to move ahead with its mammoth takeover of Horizon includes an interesting stipulation for industry – one involving biosimilars.

Man Controlling Trade statue in front of the Federal Trade Commission Building
• Source: Shutterstock

With a proposed consent order involving settlements with the US Federal Trade Commission and six states, Amgen finally got the go-ahead for its $27.8bn acquisition of Horizon Therapeutics earlier this month.

Among a new set of considerations for big pharma buyers to address when assessing potentials mergers and acquisitions, the proposed FTC order will restrict the California-based giant from acquiring or taking interest in biosimilars in two therapeutic

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