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Ed Miliband: 'Serious concerns' over proposed Pfizer deal

Following a brief 30 minute with Pfizer chief executive Ian Read after today's hearing Mr Miliband said: "There are serious concerns about this proposed takeover. There are too many unanswered questions about British science and British industry".

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Pfizer's 'opportunistic attempt' to buy UK firm cheaply

British drugs company AstraZeneca said Pfizer was making an "opportunistic attempt" to buy the company for a price that did not reflect the value of its "exciting pipeline" of new drugs.

AstraZeneca's boss is appearing at an MPs select committee. Credit: PA

The British pharmaceutical company said the announcement from Pfizer, which appealed to AstraZeneca shareholders to force takeover talks, contained no new proposal or information.

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