Sun Pharma first moved to acquire Taro in May 2007, at the time offering $454 million or $7.75 per share.
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The order affects when the two companies would be able to close their transaction.
Furthermore, the FTC’s complaint, unsealed late Tuesday, expresses concern about deals struck between drug companies that give discounts to pharmacy benefit managers and insurers in return for making their medicines easier to get for their customers.
The company struck a $43 billion deal in March to acquire Seagen and its targeted cancer therapies as it prepares for a steep fall in COVID-19 sales and generic competition for some top-selling drugs.
