Alexion Shareholders Approve Acquisition by AstraZeneca

On May 11, 2021 Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) reported that its shareholders have voted to adopt and approve the previously announced agreement to be acquired by AstraZeneca at a special meeting of shareholders held today (Press release, Alexion, MAY 11, 2021, View Source [SID1234579655]).

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Ludwig Hantson, Ph.D., Chief Executive Officer, Alexion, said: "We’re very pleased with today’s affirmative shareholder vote, which brings us one step closer to completing a transaction that will accelerate the combined company’s ability to develop and provide access to life-changing medicines for patients with rare and devastating diseases around the world."

Subject to receipt of additional regulatory clearances, the acquisition is expected to close in the third quarter of 2021.