Clock for FTC’s review of Novo Holdings’ $16.5B Catalent buy restarts after refiling

The Fed­er­al Trade Com­mis­sion will have more time to re­view No­vo Hold­ings’ pro­posed $16.5 bil­lion ac­qui­si­tion of Catal­ent.

The ap­pli­ca­tion was orig­i­nal­ly filed to the FTC and the De­part­ment of Jus­tice’s an­titrust di­vi­sion on March 4. But af­ter “in­for­mal dis­cus­sions” with the FTC, it was with­drawn and re­filed by the No­vo Nordisk Foun­da­tion, the par­ent com­pa­ny of No­vo Hold­ings, on April 2 be­fore the first ap­pli­ca­tion ex­pired, ac­cord­ing to an April 3 Catal­ent SEC fil­ing.

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