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Drugs & Pharmaceuticals M&A image Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Mon., Jan. 24, 2:20 AM Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.

Slide #37. AstraZeneca Diabetes Alliance Assets in the U.S. from Bristol-Myers Squibb

Acquirer: AstraZeneca (NASDAQ:AZN)
Acquiree: Diabetes Alliance Assets in the U.S. from Bristol-Myers Squibb
Details: AstraZeneca (NYSE:AZN) today announced that on February 1, 2014, it completed its acquisition of the entirety of Bristol-Myers Squibb's interests in the companies' diabetes alliance. The acquisition gives AstraZeneca ownership of the intellectual property and global rights for the development, manufacture and commercialization of the diabetes business, which in the U.S. includes ONGLYZA (saxagliptin), KOMBIGLYZE XR (saxagliptin and metformin HCl extended release), FARXIGA (dapagliflozin), BYETTA (exenatide), BYDUREON (exenatide extended-release for injectable suspension), Symlin (pramlintide acetate) and the investigational agent metreleptin.

AstraZeneca is a holding company. Through its subsidiaries, Co. is engaged in biopharmaceutical business. Co. focuses on three main therapy areas: oncology - aims to change the practice of medicine and transform the lives of patients living with cancer; cardiovascular, renal & metabolism includes treatment of four interrelated conditions - cardiovascular disease, heart failure, metabolic and renal diseases; and respiratory and immunology - aims to transform the treatment of asthma and COPD by eliminating preventable asthma attacks across disease severities and removing COPD as a cause of death through earlier, biology-led treatment.

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Company Name: 
AstraZeneca Plc
Website: 
www.astrazeneca.com
Sector: 
Drugs & Pharmaceuticals
Number of ETFs Holding AZN: 
11
Total Market Value Held by ETFs: 
$162.54M
Total Market Capitalization: 
$29.29B
% of Market Cap. Held by ETFs: 
0.55%
 

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Buy (3.43 out of 4)
41st percentile
(ranked lower than approx. 59% of all stocks covered)

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