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AstraZeneca made about $10 billion offer for Rhythm, WSJ says
Reuters, citing the Wall Street Journal, reported Wednesday that AstraZeneca made an offer of about $10 billion to acquire rare-disease drugmaker Rhythm Pharmaceuticals.
Based on reporting by Reuters
AstraZeneca made an offer of about $10 billion to buy Rhythm Pharmaceuticals, a rare-disease drugmaker, the Wall Street Journal reported Wednesday, according to Reuters1.
Reuters attributed the account to the Journal and to people familiar with the matter, and did not independently confirm the talks1.
Neither company's response, if any, appeared in the Reuters dispatch, and it did not say whether an agreement is in place or whether talks continue1.
