The FTC and six state attorneys general dropped their challenge to the merger just 10 days after litigators at Cravath, Swaine & Moore and Cooley, repping Amgen and Horizon respectively, filed opposition briefs pushing back against the agency’s preliminary injunction bid.
September 08, 2023 at 07:30 AM
11 minute read
Editor/columnist
Prior to the U.S. Federal Trade Commission’s challenge to Amgen’s $27.8 billion attempt to acquire Horizon Therapeutics, it had been more than a decade since the agency had challenged a merger in the pharmaceutical industry.
Perhaps the FTC should wait even longer next time?
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(L-R)David R. Marriott and Daniel K. Zach of Cravath and Jacqueline Grise and David Burns of Cooley. Courtesy photos
