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AstraZeneca 'mulling partnerships'

China Daily | Updated: 2009-12-11 08:02

AstraZeneca 'mulling partnerships'

AstraZeneca's cholesterol pill Crestor is shown in a Cambridge, Massachusetts pharmacy. The UK drugmaker prefers licensing deals to acquisitions. Bloomberg News

LONDON: AstraZeneca Plc is in "exploratory discussions" with competitors for partnerships that would help ease the cost and risk of developing new medicines, said Shaun Grady, vice-president of corporate business development.

AstraZeneca 'mulling partnerships'

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