Strategic Initiative
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AstraZeneca (AZN) receives US clearance of proposed acquisition of Alexion (ALXN)
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Additional Information
AstraZeneca’s proposed acquisition of Alexion Pharmaceuticals, Inc (Alexion) has achieved an important step toward completion, having cleared US Federal Trade Commission review. This follows the conclusion of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
The announcement follows competition clearances in Canada, Brazil, Russia and other countries globally, with a full list available on astrazeneca.com. Additional global regulatory clearances are pending, including but not limited to the UK, EU and Japan.
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date: Apr 16, 2021 Projected Implementation: Q2, 2021 Relevance Tracked Until: Q3, 2021
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Related Keywords
Immunology