The two drugmakers, which have a total market value of almost $240 billion, have not held any formal talks yet. If they were to follow through with this idea, it would be the largest healthcare deal ever. Neither company has publicly commented on the possible deal.
AstraZeneca’s shares grew 11 percent in 2020, as the drugmaker partnered with Oxford University to develop a COVID-19 vaccine. Gilead’s remdesivir drug received emergency approval and is being prescribed as a COVID-19 treatment.
More articles on pharmacy:
Pharmacist salaries across the most common work settings
Remdesivir could make billions for Gilead, analyst says
FDA’s vaccine head quits Operation Warp Speed days after joining
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
