AstraZeneca buying drug developer Alexion for $39 billion "This acquisition allows us to enhance our presence in immunology," AstraZeneca CEO Pascal Soriot said in a statement. With the drop in AstraZeneca’s shares on Monday, the value of the cash-and-stock deal slipped to around $168 a share from an initial $175. Britain's AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in its largest-ever deal, diversifying away from its fast-growing cancer business in a … Alexion surged 31% to $158.73 as of 12:54 p.m. in New York. So when AstraZeneca's offer valued the biotech's shares at $175 apiece, some couldn't help but wonder if Alexion had left money on the table, even though that price is higher than what the stock has traded at over the last several years. Alexion has an immunology unit in … AstraZeneca (), one of the frontrunners in the drugs industry’s search for a COVID-19 vaccine, announced on Saturday that it will acquire US drugmaker Alexion for $39bn (£29.5bn).Under the terms of the transaction, the FTSE 100 firm said that Alexion shareholders will get $60 in cash and about 2.1 from AstraZeneca’s US-listed shares for each Alexion share they own. Alexion chief executive Ludwig Hantson said: “This transaction marks the … Earlier this month, AstraZeneca announced plans to acquire rare-disease expert Alexion (NASDAQ:ALXN) for $39 billion. AstraZeneca, along with Alexion’s R&D team, will work to build on Alexion’s pipeline of 11 molecules across more than 20 clinical-development programs across the spectrum of … The acquisition is one of the largest deals of the year for the drug industry and would expand AstraZeneca's reach in rare diseases. AstraZeneca on Saturday said it would acquire Alexion Pharmaceuticals for $39 billion. AstraZeneca, the developer of one of the pharmaceutical industry’s first COVID-19 vaccine, recently announced that it will acquire US-based Alexion for $39 billion.. Analysts had long considered Alexion a prime target for a big acquisition. The new acquisition of AstraZeneca is likely to complete by the third quarter of 2021. Late last week, AstraZeneca said that it would acquire Alexion Pharmaceuticals - a company best known for its Soliris and Ultomiris drugs - in a …
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