Largest healthcare deals on record British-Swedish company AstraZeneca, co-developer of an experimental coronavirus vaccine, has approached U.S. rival Gilead Sciences over a possible merger to form the world’s largest drug company AstraZeneca: Market value of $140 billion. Working with Oxford University’s Jenner Institute to develop AZD1222 coronavirus vaccine Gilead Sciences: Market value of $96 billion. Its antiviral drug Remdesivir has been approved in U.S. for treatment of Covid-19 patients Target company Acquirer Date Merger value Warner-Lambert Pfizer Feb 1999 $90.2bn SmithKline Beecham Glaxo Jan 2000 $75.7bn Celgene Bristol-Myers Squibb Nov 2019 $74.0bn Allergan Actavis Mar 2015 $70.5bn Aetna CVS Nov 2018 $68.1bn Express Scripts Cigna Dec 2018 $67.0bn Aventis Sanofi Apr 2004 $64.2bn Allergan AbbVie May 2020 $63.0bn Pharmacia Pfizer Jul 2002 $60.0bn Shire Takeda Jan 2019 $46.0bn Sources: Drug Store News, Forbes, PharmaTimes, Wall Street Journal © GRAPHIC NEWS