A rash of dealmaking helped reverse the declining fortunes of biotech stocks over the last five months. And as AstraZeneca Plc (Nasdaq: AZN)’s $1 billion deal to acquire closely-held Amolyt Pharma illustrates, the likelihood is there’s much more to come.

Pfizer signage on the NYSE
To read the entire story, you must be logged in.
Please log in now or register with us.