Britain is a pawn in Pfizer's AstraZeneca tax game

Pfizer’s AstraZeneca bid frames Britain as little more than a convenient tax haven, and there are no guarantees the US pharma giant’s presence will benefit the public.

Pfizer, the American drug company that makes the potency pill Viagra, wants to boost its own performance by taking over AstraZeneca, a jointly owned British and Swedish company with a good record of discovering and patenting new medicinal drugs. Pfizer has already offered £63 billion ($114.623b) and, if the deal does go through, it will be the biggest ever foreign takeover of a British company.

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