Pfizer CEO defends Astra deal, says committed to UK science


NEW YORK:  US drug company Pfizer fought back on Saturday against criticism that its planned takeover of drugmaker AstraZeneca would damage Britain's science base by saying UK research was a key reason for its move.

Chief Executive Ian Read, who is due to appear before two committees of UK lawmakers on May 13 and 14, said in a video that his proposed $106 billion deal would be a "win-win" for society and shareholders.

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