Novartis CEO dismisses talk of AstraZeneca purchase

Novartis CEO Daniel Vasella yesterday dismissed talk of the Swiss drugmaker’s interest in purchasing AstraZeneca, Reuters reported. “You shouldn’t expect any major transaction on our side,” Vasella told analysts in a post-results Web cast. “You can forget when you hear about AstraZeneca or other companies.” Novartis, along with GlaxoSmithKline, has been repeatedly mentioned by analysts as a potential bidder for AstraZeneca.
You must be a registered member of MMM to post a comment.
 

Did you miss January's Top 40 Healthcare Transformers issue? Read how these inventors, strategists, entrepreneurs and wonks are challenging, disrupting and otherwise transforming the healthcare business. And join us April 30 to honor them at the Transforming Healthcare Dinner. Click here.