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News Focus
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jbog

05/16/23 1:04 PM

#246992 RE: DewDiligence #246991

The FTC said the deal would allow Amgen to “entrench the monopoly positions” of Horizon’s eye and gout drugs.

The agency said that neither of those treatments face any competition today and that Amgen would have a strong incentive to prevent any potential rivals from introducing similar drugs.



“The FTC won’t hesitate to challenge mergers that enable pharmaceutical conglomerates to entrench their monopolies at the expense of consumers and fair competition,” FTC Bureau of Competition Director Holly Vedova said.
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shareholder_boar

05/16/23 2:54 PM

#246996 RE: DewDiligence #246991

"Horizon does not and has no plans to bundle any of its rare disease medicines"



Sounds more like an argument against the merger if there is no bundling now but would join a portfolio of AMGN products where there is bundling