AstraZeneca Antitrust Concerns Cloud Talks for Bristol Myers Squibb Merger
Analysts said a merger between AstraZeneca and Bristol Myers Squibb is unlikely due to antitrust issues and major business overlap, despite reports of deal talks. A deal would rank among pharma’s biggest and could create a roughly $400B company. AstraZeneca declined to comment. Investors weighed potential synergy versus later patent expiries as views diverged.