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Amgen, FTC Settlement Allows $28B Horizon Acquisition to Move Forward

Amgen’s $28bn acquisition of Horizon Therapeutics has been given the go-ahead following a settlement with the Federal Trade Commission (FTC) and six states. The deal has conditions to maintain competition in two diseases where Horizon has a monopoly. It also involves restrictions on bundling in which a company provides greater rebates on certain drugs to boost the position of others. The practice’s restriction may have ensured the deal’s approval, according to Nathan Ray, a partner at healthcare consulting firm, West Monroe.

Source: medcitynews.com –

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