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Biotech Acquisitions & Layoffs
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Amgen completes $27.8 billion acquisition of Horizon Therapeutics, laying off 350 employees, while Pfizer receives unconditional EU antitrust approval for its $43 billion acquisition of Seagen.
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How do regulatory approvals and antitrust concerns shape the landscape of M&A activities in the biotech sector?
How might the layoffs at Amgen impact the job market and the biotech industry as a whole?
What are the potential implications of Pfizer's acquisition of Seagen for the development and pricing of cancer drugs?
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