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Ultomiris recommended for approval in EU by CHMP for children and adolescents with paroxysmal nocturnal haemoglobinuria
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The closing of the acquisition marks the company’s entry into medicines for rare diseases.
Pascal Soriot, AstraZeneca CEO, said: “Today, we welcome our new colleagues from Alexion to AstraZeneca and begin a new chapter that will augment our growth for years to come. Our sustained R&D investment in oncology, cardiovascular and renal, as well as respiratory and immunology, has powered AstraZeneca’s transformation, and now we add rare diseases, where fewer approved treatment options exist.”
The total pid3 paid to the Alexion shareholders was $13.3 billion in cash and 236,321,411 new AstraZeneca shares.
AstraZeneca anticipates providing updated 2021 financial guidance for the new, combined entity.
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China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging population. Births dropped 15% last year, a fourth-straight year of decline. China began loosening its strict one-child policy about six years ago after imposing it in the 1980s.
Suntory CEO Takeshi Niinami said the Olympics are losing their commercial value. He said that his company decided against being a sponsor of the upcoming Tokyo Games, saying it was “too expensive.”