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Bristol And AstraZeneca Make A Splash In Diabetes With Joint Purchase Of Amylin

Bristol-Myers’ and AstraZeneca’s deal to acquire Amylin Pharmaceuticals for $7 billion, announced June 29, reaffirms the partners’ commitment to the vast and growing type 2 diabetes market, even if the competition is intense and the companies’ five-year-old alliance got off to a rocky start.

Bristol-Myers Squibb Co.’s and AstraZeneca PLC’s three-step deal to acquire Amylin Pharmaceuticals Inc. for $7 billion reaffirms the partners’ commitment to the vast and growing type 2 diabetes market, despite intense competition and the mixed track record of their five-year-old alliance. It also underscores the importance to pharma of risk-sharing deals in tackling large therapeutic areas.

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