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Benzinga
Benzinga
Business
Vandana Singh

AstraZeneca-Bristol Myers Merger Buzz Puts Patent Expiration and Deal Economics in Focus

AstraZeneca Bristol Myers Matt Phipps ARE AstraZeneca Plc AZN BMY Bristol Myers Squibb Bristol Myers Squibb & Co William Blair
Merger,And,Acquisition,Business,Corporate,Cooperation,Company,Concept.,Ma,Partnership

As per a media report over the weekend, AstraZeneca Plc (NYSE:AZN) and Bristol Myers Squibb Co. (NYSE:BMY) are in potential discussions to form a pharmaceutical giant valued at nearly $400 billion.

The news took the healthcare sector by storm, and the merger would position AstraZeneca as the world’s fourth-largest drugmaker by market capitalization.

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