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Pfizer Inc. (PFE) AstraZeneca PLC (AZN) Takeover Attempt Have R&D Scientists Worried


4/29/2014 6:54:20 AM

Jobs might be at risk but others are hiring right now! Check it out! (Isn't it tempting?)

Battle lines are being drawn over what would be the biggest foreign takeover of a British company, after the pharmaceutical firm AstraZeneca rejected a £60bn approach from its US rival Pfizer. Pfizer's interest prompted a warning on jobs from Vince Cable but was welcomed by investors, who sent stock in Britain's largest drug maker up by 14%. The business secretary said he was committed to maintaining the UK's position in the pharmaceutical industry as Downing Street took a neutral stance on a mooted deal that could end in a hostile takeover bid from Pfizer in the wake of AstraZeneca's rebuff.

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)


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