November 29, 2024
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Amgen’s $28B merger bid gets tougher

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California and five other states on June 22 joined the Federal Trade Commission's antitrust lawsuit to block Thousand Oaks-based biotech giant Amgen from buying another life sciences company, Horizon Therapeutics, for nearly $28 billion. Horizon, based in Illinois and Ireland, has a monopoly on Tepezza, a medicine that treats thyroid eye disease, and Krystexxa, a…

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