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UK's Astrazeneca buying US Biotech firm Alexion to expand in immunology

Alexion has established itself as a leader in complement biology, bringing life-changing benefits to patients with rare diseases, AstraZeneca chief executive Pascal Soriot said in a statement

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In this file photo taken on November 17, 2020, An illustration picture shows vials with Covid-19 Vaccine stickers attached and syringes with the logo of British pharmaceutical company AstraZeneca. Pic/AFP

In this file photo taken on November 17, 2020, An illustration picture shows vials with Covid-19 Vaccine stickers attached and syringes with the logo of British pharmaceutical company AstraZeneca. Pic/AFP

British pharmaceuticals group AstraZeneca, which is finalising a vaccine against Covid-19, said Saturday it was buying US biotech firm Alexion for $39 billion to boost its work on immunology.

"Alexion has established itself as a leader in complement biology, bringing life-changing benefits to patients with rare diseases," AstraZeneca chief executive Pascal Soriot said in a statement, announcing the year's biggest deal in the pharma sector.

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