AstraZeneca and Bristol Myers Squibb Merger Talks Denied After Initial Reports

Reports of preliminary discussions between pharmaceutical giants AstraZeneca and Bristol Myers Squibb regarding a potential acquisition have been denied, clarifying earlier speculation over consolidation in the Big Pharma sector.

6 Aug, 09:40 — 6 Aug, 09:40

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cnbcMostly Factual2d ago

AstraZeneca may buck a decade of pharma strategy to buy U.S. scale

Reports of preliminary talks between AstraZeneca and Bristol Myers Squibb moved shares and reignited debate over Big Pharma consolidation.

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Coverage Timeline

First report: Yahoo · 5 Aug, 13:11|Full coverage: 2 · 20h|Window: 20h

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Yahoo5 Aug, 13:11First to report