Halozyme Therapeutics Inc (HALO)

[maumar]

I would think Amgen will assume all of Horizon's obligations towards Halo when the acquisition is complete. But even Horizon does not have to complete the development of SC Tepezza with halo. So I am also a little skeptical. If anything, Amgen has a lot more resources and experience so there is more of a chance they may try to develop their own sc formulation, especially since Enhanze Tepezza is still in phase 1. Time will tell.

Best case scenario is that they stick to Enhanze, are able to expedite the development, and they expand globally more quickly than Horizon could. But all of the above is not at all a sure thing.