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AstraZeneca, takeover, Pfizer, David Willetts

Proposed takeover of AstraZeneca

14 May 2014

Image of UK Parliament portcullis

In this one-off evidence session, the Science and Technology Committee considers the potential impact on the UK science base of a merger between the pharmaceutical companies AstraZeneca and Pfizer.

The Committee will take evidence from both companies and from the Minister for Universities and Science, David Willetts MP.

Witnesses

Wednesday 14 May 2014; Thatcher Room, Portcullis House

At 9.15 am

  • Dr Mikael Dolsten, President, Worldwide Research and Development, Pfizer
  • Dr Rod MacKenzie, Group Senior Vice President, and Head of Pfizer PharmaTherapeutics Research and Development, Pfizer
  • Ian C. Read, Chairman of the Board and Chief Executive Officer, Pfizer

At 9.45 am

  • Pascal Soriot, Executive Director and Chief Executive Officer, AstraZeneca plc
  • Dr Mene Pangalos, Executive Vice President, Innovative Medicines and Early Development, AstraZeneca plc
  • Dr Jane Osbourn, Vice President Research and Development and Site Leader MedImmune Cambridge (UK), AstraZeneca plc

At 10.15 am

  • Rt Hon David Willetts MP, Minister of State for Universities and Science, Department for Business, Innovation and Skills

Committee Chair

Andrew Miller MP, Chair of the Science and Technology Committee, said:

"AstraZeneca is one of the bastions of the UK’s world-leading pharmaceutical sector. It supports around 30,000 jobs, many of them highly skilled, and is an important component of our scientific landscape. Next week’s hearing will be an opportunity for us to scrutinise the pledges on research and development being made as part of this potential takeover and pose questions about how the Government will ensure that these commitments are met."

Further information