© Reuters. FILE PHOTO: Sanofi’s logo at the company’s headquarters in Paris, France, February 4, 2022. REUTERS/Benoit Tessier
(Reuters) -French health group Sanofi (NASDAQ:SNY) said on Sunday that it no longer intends to make an offer for biotech company Horizon Therapeutics Plc (O:HZNP), leaving Amgen Inc (NASDAQ:AMGN) as the only remaining bidder.
The Wall Street Journal reported on Sunday that Amgen was in advanced talks to buy Horizon. A deal could be finalised by Monday assuming the talks with Amgen don’t fall apart, the report added.
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