Announced
Completed
Financials
Tags
therapeutic solutions
Pharmaceuticals
United States
Public
Acquisition
Completed
Friendly
Single Bidder
Synopsis
AstraZeneca, a global, science-led biopharmaceutical business, to acquire ZS Pharma, a biopharmaceutical company based in San Mateo, California, for $2.7bn. Pascal Soriot, Chief Executive Officer of AstraZeneca, said: “Hyperkalaemia can be a life-threatening condition for patients with chronic kidney disease and chronic heart failure, however the risk is underappreciated and prevalence is increasing. This acquisition complements our strategic focus on Cardiovascular and Metabolic Disease by adding a potential best-in-class treatment to our portfolio of innovative medicines. We look forward to welcoming the ZS Pharma team to AstraZeneca.”
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