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AZN Astrazeneca Plc

11,708.00
-256.00 (-2.14%)
14 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Astrazeneca Plc LSE:AZN London Ordinary Share GB0009895292 ORD SHS $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -256.00 -2.14% 11,708.00 11,710.00 11,716.00 11,908.00 11,678.00 11,844.00 2,989,208 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 54.07B 7.04B 4.5371 25.82 185.51B

AstraZeneca Signs Deal with Allergan for Up To $1.52 Billion

03/10/2016 7:53am

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LONDON--AstraZeneca PLC (AZN.LN) said on Monday that it has signed a deal with Allergan PLC (AGN) worth up to $1.52 billion through its global biologics research and development unit.

The bio-pharmaceutical company said that under the deal, Allergan will have the global rights to an antibody for Crohn's disease.

Allergan will pay upfront $250 million, but it may also make some payments to AstraZeneca worth up to $1.27 billion, depending on how good the sales of the antibody are, the company said.

 

Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

October 03, 2016 02:38 ET (06:38 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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