With jobs and research excellence potentially at stake, Business Secretary Vince Cable said the Government might intervene to stop the takeover of the British drug company AstraZeneca by its American rival Pfizer.
But Dr Cable hinted that his hands may be tied by European law.
Business Editor Joel Hills reports:
Pfizer has until Monday until it admits defeat in bidding for AstraZeneca. But after the shenanigans of the past few days we cannot be sure.
AstraZeneca's share price is tumbling back down to earth after the board rejected a "final" Pfizer bid. So is the takeover really over?
Sweden's Finance Minister says the Government should be "very, very sceptical" about any promises the US pharmaceutical giant makes.