AstraZeneca agrees to buy ZS Pharma for $2.7 billion

November 6, 2015 7:19 AM

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AstraZeneca agrees to buy ZS Pharma for $2.7 billion

LONDONBritain's AstraZeneca Plc (AZN.L) said on Friday it had agreed to buy ZS Pharma (ZSPH.O), paying a total $2.7 billion for its proprietary technology to develop novel treatments for hyperkalaemia, or high potassium levels.

AstraZeneca said it had agreed to pay $90 a share for the San Mateo, California-based firm.

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