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Amgen to lay off 350 workers at Horizon Therapeutics following their US$27.8B acquisition of the company; Amgen assures job placement for 80% of Horizon's workforce and supportive transition for those affected

Leerink upgrades Amgen to outperform, citing promising pipeline developments and recent acquisition of Horizon Therapeutics; substantial earnings boost also expected, as well as multiple market opportunities in obesity, inflammation and oncology sectors

Amgen completes Horizon Therapeutics buyout for US$27.8B; Horizon's Tepezza, Krystexxa and Uplizna expected to enhance Amgen’s autoimmune portfolio

Amgen and Horizon Therapeutics reach a consent order agreement with the FTC, resolving an administrative lawsuit and clearing the way for Amgen’s acquisition of Horizon; the acquisition is expected to finalize early in Q4 2023

FTC pauses legal proceedings to block Amgen's proposed takeover of Horizon Therapeutics, mulling potential settlement; possible resolution is under consideration until Sept. 18

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