Horizon Pharma plc (HZNP) Boosts FY16 Sales, adj.-EBITDA Outlook

Go back to Horizon Pharma plc (HZNP) Boosts FY16 Sales, adj.-EBITDA Outlook

Horizon Pharma plc Raises Full-Year 2016 Net Sales and Adjusted EBITDA Guidance Based on Expected Close of the Crealta Holdings LLC Acquisition

January 12, 2016 7:00 AM EST

DUBLIN, IRELAND -- (Marketwired) -- 01/12/16 -- Horizon Pharma plc (NASDAQ: HZNP), a biopharmaceutical company focused on improving patients' lives by identifying, developing, acquiring and commercializing differentiated and accessible medicines that address unmet medical needs, today raised full-year 2016 net sales and adjusted EBITDA guidance as a result of the expected close of the Crealta Holdings LLC acquisition this week. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired effective as of midnight on January 11, 2016.

As previously announced on December 11, 2015, Horizon entered a definitive agreement to acquire Crealta Holdings LLC for $510 million in... More