Drug Combo

The latest megamerger comes from Europe, where drugmakers Zeneca and Astra on Wednesday announced plans to join forces. The deal, valued at US$37 billion, is said to be Europe's biggest ever, linking the makers of two of the world's best known drugs -- Astra's ulcer and heartburn pill Prilosec, and Zeneca's cancer treatment tamoxifen. The merger's estimated job toll: 6,000.

The latest megamerger comes from Europe, where drugmakers Zeneca and Astra on Wednesday announced plans to join forces. The deal, valued at US$37 billion, is said to be Europe's biggest ever, linking the makers of two of the world's best known drugs -- Astra's ulcer and heartburn pill Prilosec, and Zeneca's cancer treatment tamoxifen. The merger's estimated job toll: 6,000.