--AstraZeneca has held talks to combine with Bristol Myers Squibb, the Financial Times reports, citing unnamed sources.

--The U.K. drugmaker discussed a tie-up with its U.S. rival in recent months, and the talks could lead to a deal or fall apart, according to the FT.

--AstraZeneca declined to comment and BMS didn't respond to requests for comment, according to the FT.

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires