Monday, February 11, 2008

Is AstraZeneca cracking up?

Or planning to break itself up?

AstraZeneca is discussing a potential sale of large parts of its early research into gastrointestinal diseases, a Swedish newspaper reported, citing unidentified sources.

The Anglo-Swedish drug maker was discussing a possible divestment of initially four to five research projects with venture capital firms as well as companies in the drug industry, Swedish business daily Dagens Industri reported.

More at Reuters

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