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Industry Leaders Speculate On FTC Vs. Amgen/Horizon Fallout

 
• By Jessica Merrill

Pfizer chief clinical officer William Pao, Roche pharma CEO Teresa Graham and others weighed in on what FTC’s action could mean for pharma M&A at the Financial Times Pharma Summit.

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Industry is looking for clues about how FTC scrutiny could impact M&A • Source: Shutterstock

The timing of the Financial Times Pharma & Biotech Summit in New York City on 16-17 May coincided with the breaking news that the US Federal Trade Commission will attempt to block Amgen, Inc.s $27.8bn acquisition of Horizon Therapeutics plc. Thus, the meeting provided an excellent platform for industry leaders to discuss the potential implications of the regulatory action and consider what it could mean for future M&A, a critical lifeline for biotech investment and large pharma innovation.

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