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UK suggests considering Pfizer’s reassurances in Astra battle

Britain says considering Pfizer’s reassurances in Astra battle

Britain’s government said it had been considering whether reassurances produced by Pfizer over its possible takeover of AstraZeneca provided adequate security to keep related jobs and the nation’s life sciences field.

Pfizer said previously Friday it’d created if it works in its bid to dominate its British rival to Prime Minister David Cameron pledging to keep a planned medical research center in Cambridge along with British jobs.

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Britain says considering Pfizer’s reassurances in Astra battle

“The letter in the leader of Pfizer is just a good sign. The federal government will consider these plans carefully regarding if they provide adequate safety of our goals,” the Prime Minister’s company stated in a statement.

The statement added the government still considered any offer like a matter for investors and that panels of both companies.

AstraZeneca previously Friday refused a sweetened quote in the U.S. company.

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