Health & Medicine

STAT+: Pharmalittle: We're reading about AstraZeneca-Bristol merger talks, a revised 340B plan, and more

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AstraZeneca's stock fell by 5.5% as investors reacted negatively to reports of merger talks with Bristol Myers Squibb, potentially creating a $400 billion pharmaceutical giant. This development highlights investor skepticism about large-scale acquisitions in the pharma sector despite potential financial gains. Additionally, Amgen disclosed a cybersecurity breach involving theft of company and patient data from third-party cloud storage systems, underscoring ongoing security challenges for healthcare firms.

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STAT+: Pharmalittle: We're reading about AstraZeneca-Bristol merger talks, a revised 340B plan, and more

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