Earlier reports said the two drugmakers held talks about a possible deal that would create a pharmaceutical behemoth. Read more at straitstimes.com. Read more at straitstimes.com.

U.K. pharmaceutical giant AstraZeneca is considering a deal to merge with its U.S. rival Bristol Myers Squibb.

The deal could create one of the world’s biggest pharmaceutical groups with a combined value of nearly US$400 billion. Read more at straitstimes.com. Read more at straitstimes.com.