Prime Minister David Cameron has said the Government will continue to talk in a "neutral" role to both Pfizer and AstraZeneca regarding a takeover after the US drug firm saw an increased offer rejected by the British manufacturer.
This is a matter for the companies to resolve themselves. The government quite rightly should be neutral in this.
What we should do though is always be engaged with both companies - as we have been - to try and make sure that whatever the outcome, British science, British job, British manufacturing, that they get a proper and deserved attention.
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.