The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

AstraZeneca confirms talks with cancer drug firm Acerta

Mon, 14th Dec 2015 08:08

LONDON, Dec 14 (Reuters) - AstraZeneca said onMonday it was in talks with privately held cancer drug developerAcerta Pharma, after the Wall Street Journal reported on Fridayit was looking to acquire the business for more than $5 billion.

"AstraZeneca confirms that it is exploring potentialstrategic options with Acerta Pharma BV. There can be nocertainty that any transaction will ultimately be entered into,or as to the terms of any transaction," it said in a briefstatement. (Reporting by Ben Hirschler; Editing by Mark Potter)

Related Shares

More News
Today 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

6 May 2024 07:46

AstraZeneca completes collaboration and investment deal with Cellectis

(Alliance News) - AstraZeneca PLC on Monday said it has completed an equity investment in clinical-stage biotechnology company Cellectis, first announ...

3 May 2024 12:17

CORRECT: Angle shares up on assay development deal with AstraZeneca

(Correcting company name in headline)

3 May 2024 11:50

Angle shares up on assay development deal with AstraZenaca

(Alliance News) - Shares in Angle PLC jumped on Friday, after the company said it has been chosen to develop a prostate cancer assay using its Parsort...

3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.