Big Pharma Page -- December 11, 2022

Focus on Fracking has posted: http://focusonfracking.blogspot.com/2022/12/us-oil-supplies-now-at-36-year-low.html.

Energy: the big energy story this week — Great Britain is freezing.

NASDAQ shuffling: https://www.investors.com/news/rivian-globalfoundries-joining-nasdaq-100-index-apple-chipmaker-china-stocks-falling-off/.

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AMGN

Amgen is in advanced talks to buy Horizon Therapeutics. 

Sanofi dropped out of the running, announced earlier today; J&J had dropped out earlier, leaving only Amgen.

The takeover, valued at well over $20 billion, would mark the largest healthcare merger of the year. 

And, yes, Horizon Therapeutics, is publicly traded; ticker HZNP. It closed at $97.29 on Friday, December 9, 2022, but rose to $98.25 in after-hours trading. 

Story at The WSJ. 

The company is Nasdaq-listed, but based in Ireland and has operations in Dublin; Deerfield, IL; and, a new facility in Rockville, MD.