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Business 19 May 2014 | 8:08 AM

Pfizer raises bid for AstraZeneca to US$117bil

LONDON: U.S. drugmaker Pfizer said on Sunday it had raised its offer for British rival AstraZeneca to 69.3 billion pounds ($116.6 billion), or 55 pounds a share, and would walk away if AstraZeneca did not accept it.

Business 12 May 2014 | 12:00 AM

Pfizer weighs next AstraZeneca move

LONDON: US drugmaker Pfizer fought back against criticism that its planned takeover of rival AstraZeneca would damage Britain’s science base by saying strong UK research was a key reason for the deal.

Business 10 May 2014 | 9:05 PM

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.