FTC clears Amgen Horizon buyout: What it means for other pharma deals
Some analysts and M&A experts say the settlement agreement doesn't mean that the FTC will stop baring its teeth at other large buyouts in the industry.
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Some analysts and M&A experts say the settlement agreement doesn't mean that the FTC will stop baring its teeth at other large buyouts in the industry.
Shares of the giant drugmaker aren't far off their 52-week high.
Mike Gallup, CEO of Norstella, Evaluate’s parent company said: “Key assumptions that have underpinned the pharmaceutical sector for so long – for example, the US market’s supreme profitability and reliance on big M&A to fuel growth – are being tested. “The far-reaching Inflation Reduction Act (IRA), combined with ...
Neither has performed well over the past year, but investors would do well to focus on the longer term.
Pharmaceutical company Merck & Company (NYSE: MRK) reports second quarter financial results before market open Tuesday.