London, Aug 3, 2026 (AFP) - Drug giants AstraZeneca, BMS weighing $400 bn tie-up: report

NAMPA / AFP

2026-08-03

British pharmaceutical group AstraZeneca has held talks with US rival Bristol Myers Squibb about a merger valued at nearly $400 billion, The Financial Times has reported. AstraZeneca, which declined to comment Monday in a message to AFP, saw its share price slump more than seven percent in early London trading following the report, published Sunday. The drugmaker was valued at £196 billion ($264 billion) ahead of the report, while BMS was worth......

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