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...Just a comms guy with an eye on the horizon. Maybe a near term realist. This is going to change everything and people like me need to stay on top of it. But my focus is on what’s possible now....
...The FTC had contended that Amgen could get buyers such as health insurers or pharmacy benefit managers to favour Horizon’s drugs by bundling them with its own best-selling medicines....
...Its — untested — argument is that Amgen could use rebates on its blockbusters to encourage insurers and pharmacy benefit managers to favour Horizon’s drugs....
...The FTC’s detailed opposition to the Horizon deal focuses on so-called pharmacy benefit managers. These businesses determine which drug prescriptions are eligible for health insurance reimbursement....
...Amgen and Horizon have both said they will try to fight the FTC in court in order to complete the transaction....
...However, the FTC’s case against Amgen is targeted at the power the company allegedly wields more broadly with health insurers and middlemen in the US healthcare system, known as pharmacy benefit managers...
...With a recent cancer diagnosis, Dixon feared that she would lose her health insurance if she lost her job....
...Amgen and Horizon indicated they would try to complete the deal by fighting the FTC in court....
...Late last year, Amgen bought Horizon Therapeutics for $28bn. Biotech and life science valuations have moderated since 2021. But the chance for premium buyouts has not disappeared....
...The company is buying Ireland-based drugmaker Horizon Therapeutics for more than $28bn, including debt....
...Horizon said last month that it was in takeover talks with three potential suitors, among them Johnson & Johnson and Sanofi....
...Illumina has in recent years contracted more than a dozen Washington firms to lobby on its behalf, including Sidley Austin, DLA Piper and Dentons Global Advisors....
...The deal follows Amgen’s $28.3bn acquisition of the Californian biotech Horizon Therapeutics in December. In 2023, Seagen expects revenue of about $2.2bn, a 12 per cent rise year on year....
...“The potential new medicines in Horizon’s pipeline strongly complement our own R&D portfolio,” said Bradway....
...It’s litigating an order for Illumina to divest cancer screening company Grail in a vertical merger case and has also sued to block Amgen’s $28bn takeover of Horizon Therapeutics....
...The 2010 disaster at BP’s Deepwater Horizon platform in the Gulf of Mexico — the worst ecological disaster in US history — killed 11 people....
...But from the shoreline, the view is an uninterrupted blue horizon....
...“Eisai believes these findings will create new horizons in the diagnosis and treatment of Alzheimer’s disease as well as further activate innovation for new treatment options,” said Haruo Naito, Eisai’s...
...In his comments to the conference, Lloyd Austin, the US defence secretary, sought to calm the atmosphere. Lloyd Austin Conflict is neither imminent or inevitable....
...Volkswagen’s automotive software subsidiary Cariad is investing $2bn in a partnership with Chinese chipmaker Horizon Robotics....
...The European Medicines Agency could approve the Novavax two-dose coronavirus vaccine as early as next week, paving the way for emergency use listing from the World Health Organization, according to people...
...And, responding to questions over email, he says all good investors, pointing to Warren Buffett and John Bogle, know that you should not worry about short-term market gyrations: “Any time horizon shorter...
...The two contracts have gone to two small companies - Medea Inc in California and Atlantic Trading in Austin, Texas....
...Delysium / KUROSEMI INC. ??? Orderly ??? Sui Token Warrant ???...
...By Thursday, Bloomberg reported that Kevin Lynch, who has been leading Apple’s Watch and health projects, would take over at Project Titan. The car was still on the road....
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