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Amgen to Acquire Horizon Therapeutics in $28B Deal

Expands portfolio of treatments for rare, autoimmune and severe inflammatory diseases.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Horizon Therapeutics plc and Amgen Inc. have reached an agreement on the terms of a cash offer for Amgen’s newly formed private company, Pillartree Ltd., to acquire Horizon in a deal valued at approximately $28 billion.   Amgen will gain Horizon’s thyroid eye disease drug Tepezza, chronic gout treatment Krystexxa and Uplizna, a newer therapy to treat neuromyelitis optica spectrum disorder. Horizon’s commercial medicines generated approximately $2 billion in sales for the first nine month...

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