Biotech Values

[DewDiligence]

PFE-AZN proposal stirs up political rhetoric in UK:

http://www.reuters.com/article/2014/05/04/us-astrazeneca-pfizer-politics-idUSBREA4301S20140504

Britain's opposition Labour party called on Sunday for an inquiry into a potential takeover of British firm AstraZeneca by U.S. drugmaker Pfizer, accusing the government of "cheerleading" for a deal.

…"We need a more substantive assessment of whether this takeover is in the national economic interest before the UK government allows itself to be seen to be supporting it," Labour leader Ed Miliband said in a letter to Prime Minister David Cameron.