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Shire faces tougher task playing defence than AstraZeneca

2014-06-19 10:28:04| Biotech - Topix.net

Drug maker Shire's $35-billion market cap puts it within the sights of a wider range of possible acquirers, such as Amgen or Bristol-Myers Squibb, whereas rival Astra failed to attract another suitor.

Tags: playing task faces defence

 

Cancer meeting a showcase for AstraZeneca drugs prized by Pfizer

2014-05-29 23:28:24| Biotech - Topix.net

After thwarting a $118 billion takeover approach from Pfizer Inc, Britain's AstraZeneca Plc will again take the spotlight this weekend when the biggest annual medical meeting for cancer doctors convenes in Chicago.

Tags: meeting cancer drugs showcase

 
 

European stocks gain, but AstraZeneca slumps

2014-05-27 18:08:38| Biotech - Topix.net

European stocks advanced Tuesday, with the pan-European benchmark hanging at a six-year high, but AstraZeneca PLC shares were stuck in the red after Pfizer Inc. officially walked away from its pursuit of the British drug maker.

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Pfizer Weighs Next Move as $117 Billion AstraZeneca Bid Ends

2014-05-27 14:29:53| Appliances - Topix.net

Pfizer Inc., the largest U.S. drugmaker, yesterday abandoned its effort to buy AstraZeneca Plc for 69.4 billion pounds , saying the public bid rejected by its London-based competitor represented "full value."

Tags: move bid ends billion

 

Why Pfizer's $118-B bid to take over AstraZeneca failed

2014-05-27 04:46:48| Biotech - Topix.net

On a sunny day in San Francisco last January, AstraZeneca Chief Executive Pascal Soriot was on his way to the Westin St. Francis hotel on Union Square to give investors some unexpectedly good news.

Tags: bid failed astrazeneca 118b

 

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