All news on the topic: Bristol Myers Squibb

Britain’s biggest drugmaker, AstraZeneca, is understood to be in discussions to take over its US rival Bristol Myers Squibb in a deal that would create a near-$400bn (£300bn) pharmaceutical group.

The chief executive of the pharmaceutical company Eli Lilly has remarked that the UK is “probably the worst country in Europe” when it comes to drug prices, amidst a conflict between the industry and government.