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AstraZeneca Buys ZS Pharma for $2.7 Billion
06 Nov 2015, 05:41 PM IST i

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London: Britain's AstraZeneca said on Friday it had agreed to buy US biotech company ZS Pharma for $2.7 billion, pipping Swiss firm Actelion to the prize in the latest bout of deal-making for the hyperactive healthcare sector.
AstraZeneca, which on Thursday lifted its full-year earnings forecast despite the eroding sales of some of its top-selling medicines, said it would pay $90 a share to secure ZS Pharma's proprietary technology ...
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