FTC’s Amgen Activism Will Spare Smaller Biotechs

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FTC’s Amgen Activism Will Spare Smaller Biotechs
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Heard on the Street: The FTC’s effort to block Amgen’s acquisition of Horizon Therapeutics is putting a damper on the recent biotech stocks rally

Federal Trade Commission action to block Amgen-Horizon deal threatens the thesis driving biotech stocks higherThe Federal Trade Commission’s effort to block Amgen’s acquisition of Horizon Therapeutics is putting a damper on the recent biotech stocks rally.

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FTC to block Amgen's $27.8 billion deal for Horizon Therapeutics - sourceFTC to block Amgen's $27.8 billion deal for Horizon Therapeutics - sourceThe U.S. Federal Trade Commission is expected to file a lawsuit as early as Tuesday to block Amgen Inc's $27.8 billion deal to buy Horizon Therapeutics PLC , a person familiar with the matter told Reuters.
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FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon TherapeuticsFTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon TherapeuticsThe Federal Trade Commission is preparing to block Amgen’s $28 billion deal to buy Horizon Therapeutics
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