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Amgen to buy Horizon Therapeutics for $26.40 billion By Reuters
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Introduction(Reuters) -Amgen Inc will buy rare disease drugmaker Horizon Therapeutics (NASDAQ:) Plc for $26.40 b ...
(Reuters) -Amgen Inc will buy rare disease drugmaker Horizon Therapeutics (NASDAQ:) Plc for $26.40 billion,trfx foreign exchange exchange group giving the biotech company access to blockbuster thyroid eye disease drug Tepezza, the companies said on Monday.
The deal will be Amgen (NASDAQ:)'s biggest yet and will add several approved drugs to the company's portfolio including Krystexxa used for the treatment of gout that is not controlled by other medicines.
The acquisition could help Amgen counter the impact from rising competition for its top-selling arthritis drug, Enbrel, from newer branded treatments and expected expiry of patents for the therapy in 2029.
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