Megadeal Ahead? Horizon In Takeover Talks With Big Pharma For $20bn+ Deal

Amgen, J&J And Sanofi All Keen

 
• By Ayisha Sharma
  
Generate a summary of this article
Listen to this article
Beta

The Irish firm revealed it was in early conversations with Amgen, J&J and Sanofi regarding a possible takeover, with some experts touting the potential for a deal far surpassing the $20bn mark.  

Painted big fish eating little fish on brick wall background
Shuttesrtock • Source: Shutterstock

M&A activity has been muted this year, but a mega-deal could now be on the cards. Horizon Therapeutics plc’ board has revealed it is the midst of “highly preliminary” discussions with Amgen, Inc., Janssen Global Services (a Johnson & Johnson company) and Sanofi which could result in an offer for its “entire share capital,” prompting optimism about potential deal value.

The Dublin-headquartered company revealed the news shortly after the Wall Street Journal reported it was fielding takeover interest from big...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

SpotifyApple PodcastsWebsite

More from Deals

More from Business

  • How A New Healthcare Dialogue Is Driving Market Access In Mexico

    Companies stand a better chance of securing public reimbursement in Mexico for innovative medicines if they understand changing approaches to healthcare. The shift means the emergence of managed entry agreements and a focus on economic impact, explains AMIIF, Mexico's research-based pharmaceutical industry association.

  • How Novartis Is Elevating CVD Outcomes, Driving ‘Personalized Access’ In APMA

    Novartis’s APMA chief outlines the company’s tailored approach to deliver long-term outcomes, novel access solutions via innovative financing options and shape the CVD disease ecosystem in the extraordinarily diverse region. Partnering to build AI infrastructure is another key prong.

  • India Rare Diseases: Court Shows Path For Policy Action, Funding, Price Issues-- Test-2

    A court order encompassing funding, drug pricing, clinical trials and overall policy implementation aspects is expected to bring about a paradigm shift in the treatment of rare diseases in India. Sarepta, Roche and Sanofi are among the key players that have been part of pricing discussions.