Statement regarding Pfizer announcement

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Posted: 13 May 2014 | | No comments yet

The Board of AstraZeneca PLC notes the announcement made by Pfizer Inc. earlier…

The Board of AstraZeneca PLC (“AstraZeneca”) notes the announcement made by Pfizer Inc. (“Pfizer”) earlier today. Pfizer’s announcement contains no new proposal nor substantive new information.

The Board of AstraZeneca believes Pfizer is making an opportunistic attempt to acquire a transformed AstraZeneca, without reflecting the value of its exciting pipeline. This value should accrue fully to AstraZeneca shareholders.

The Board reiterates its confidence in AstraZeneca’s ability to deliver on its prospects as an independent, science led business.

A copy of this announcement will be available on AstraZeneca’s website at www.astrazeneca.com.

Related organisations

AstraZeneca, Pfizer

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