If the Irish High Court sanctions the scheme of arrangement at the court hearing on Octothe stock will be halted immediately following the after-hours session at 8 p.m. ![]() Each shareholder of HORIZON THERAPEUTICS PLC will receive USD 116.5 in cash for every share held. The Irish High Court has set a court hearing for Octoto consider the application of HORIZON THERAPEUTICS PLC to sanction the proposed scheme of arrangement pursuant to which a wholly owned subsidiary of Amgen Inc will acquire HORIZON THERAPEUTICS PLC. “We are pleased that Horizon recognises the value of our robust R&D pipeline, our commercial medicine Uplinza and our talented team,” concluded Yao.ĭownload our report to find out more about this innovative tool.Announcements OctoAcquisition | HORIZON THERAPEUTICS PLC | 6th October 2023 ![]() Horizon will not only be acquiring Viela’s pipeline Walbert has been very clear that Viela’s R&D capabilities and staff will also move across once the deal is closed.Ĭurtis notes: “Horizon is committed long-term to maintaining and building upon the current Viela presence in the Gaithersburg area.” “Our collective R&D expertise, coupled with Horizon’s commercial capabilities, has the potential to provide benefit to more patients with high unmet treatment needs.” Bringing Viela’s team onboard “We believe that the combined pipeline, including the pursuit of additional potential indications, has the potential to yield innovative new medicines to treat autoimmune and severe inflammatory diseases,” added Viela CEO and chairman Bing Yao. ![]() Horizon is keen to “maximise the full potential of Viela’s pipeline, including the pursuit of additional future indications”, stated Walbert. Companies such as Etsy and H&M are challenging retail ‘Disruptive Leaders’ Amazon and WalmartĬombining Viela’s promising portfolio with Horizon’s own successes in drug development and commercialisation “gives us tremendous potential to further help patients, their caregivers and physicians by bringing to market medicines that truly serve unmet needs”, notes Curtis.Loreal placed as ‘Disruptive Leader’ in the Consumer sector, while Revlon has been identified as a traditional laggard.The scorecard finds Technology & Communications and Pharma & Healthcare as the two main sectors driving innovation.Alphabet, Tencent, and Qualcomm are the top three innovative companies in the last 10 years.Key findings derived from this tool include: ![]() The tool helps clients to identify the most innovative companies that are disruptive leaders and challengers and can create alpha for their portfolio using the insights driven by 19+ high-value KPIs.ĭownload our report to find out more about this innovative tool. GlobalData’s Innovation Scorecard focuses not only on the activity of innovation in the organization but also on its impact and disruptive potential using the 3I framework: Intensity, Impact, and Ingenuity. The scorecard provides a data-driven framework to rank leading companies on the potential of their intellectual property (IP) portfolio. This scorecard will allow clients to rank 3,500+ companies on their innovation activity, impact, and disruptive potential across geography, sector, and theme. Using our in-house alternative datasets, we are excited to launch GlobalData’s Innovation Scorecard. Innovation remains a necessity in a disruptive ecosystem, as continuous innovation allows companies to adapt, evolve, and grow through disruption.
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