WSJ News Exclusive | Amgen in Advanced Talks to Buy Horizon Therapeutics

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WSJ News Exclusive | Amgen in Advanced Talks to Buy Horizon Therapeutics
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Amgen is in advanced talks to buy drugmaker Horizon Therapeutics, people familiar with the matter say, in a deal likely to be valued at well over $20 billion

Amgen Inc. is in advanced talks to buy drug company Horizon Therapeutics PLC, according to people familiar with the matter,likely to be valued at well over $20 billion and mark the largest healthcare merger of the year.

The U.S. biotechnology company was the last of three suitors standing in an auction for Horizon, the people said, after French drugmaker Sanofi SA said Sunday it was out of the running.

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Sanofi says it does not intend to make an offer for HorizonSanofi says it does not intend to make an offer for HorizonFrench health group Sanofi said on Sunday that it no longer intends to make an offer for Horizon Therapeutics Plc.
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