Financial Times reported ongoing deal talks between AstraZeneca and Bristol-Myers Squibb, potentially creating a pharmaceutical giant.
32 reports, 10 independent
Updated Sep 16
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What happened
Financial Times reported ongoing deal talks between AstraZeneca and Bristol-Myers Squibb, potentially creating a pharmaceutical giant.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Bristol-Myers Squibb and AstraZeneca announced a collaboration on advanced cancer drug development.Sub-event
Market reacted negatively to developments in the merger talks between BMS and AstraZeneca.1 source
- AstraZeneca sought a mega-merger with a US rival, adding a specific development to the ongoing talks with Bristol-Myers Squibb.Sub-event
- Potential merger discussions involving major pharmaceutical companies like Eli Lilly, AstraZeneca, and AbbVie are underway.Sub-event
Ongoing deal talks between AstraZeneca and BMS could lead to a major pharmaceutical merger.1 source
Keep exploring
The entities involved
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AstraZeneca
British-Swedish pharmaceutical company
- AstraZeneca presented trial results for its IMFINZI cancer treatment at the European Society for Medical Oncology (ESMO) Congress in Madrid.
- Geopolitical instability in the Middle East has led to significant corporate fallout, including the cancellation of Flutter's London Stock Exchange listing and AstraZeneca considering a move to the US market.
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Bristol-Myers Squibb
American pharmaceutical company
Related events
- Bristol-Myers Squibb and Novo Nordisk are noted as competitors in the healthcare sector.
- A group of major pharmaceutical companies, including AbbVie, Bristol-Myers Squibb, Amgen, Pfizer, Moderna, and Merck, are noted as peers operating in the highly regulated pharmaceutical sector.
- Major pharmaceutical companies are competing for investment capital.
- AstraZeneca and Teva Pharmaceutical Industries Limited are being compared as large-cap healthcare companies regarding their revenue and earnings.
- AstraZeneca and Tarsus Pharmaceuticals, Inc. are two healthcare companies that are currently competing for investment.
Coverage
Newest first; wire copies grouped- financial-news.co.uk
- yahoo.com
- dailymail.com
- irishtimes.com
- proactiveinvestors.com
- benzinga.com
- tickerreport.com
- riotimesonline.com
- businessday.co.za
- indiatimes.com