Industry analysis highlights key strategic questions surrounding AstraZeneca and BMS, including focus areas in oncology, cardiology, patent-cliff avoidance, and U.S. market expansion.
Shares of AstraZeneca fell sharply following market speculation regarding a potential mega-merger. Industry reports linked the stock decline to unconfirmed rumors of a deal involving Bristol Myers Squibb.
Pharmaceutical giant AstraZeneca reportedly held talks with rival Bristol Myers Squibb concerning a potential merger valued at $400 billion, according to a source reported by Reuters.