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CEO North America > News > FTC allows Amgen to move forward with merger

FTC allows Amgen to move forward with merger

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FTC allows Amgen to move forward with merger
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The U.S. Federal Trade Commission has reportedly reached a deal with pharmaceutical company Amgen that will both allow the drug maker to acquire Horizon Therapeutics and avoid trial.

The FTC previously filed an anti-competition suit against the potential merger in May.

According to a FTC press release, Amgen will be allowed to complete the $27.8 billion deal under certain stipulations.

The merger is expected to be completed at some point later this year.

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