AstraZeneca: Joint Approach in Amylin Deal 'Made Sense'

After Bristol-Myers Squibb Co. announced the acquisition of Amylin Pharmaceuticals Inc. late Friday afternoon, it emerged that the deal is to be a 50-50 joint purchase with AstraZeneca plc, and that all Amylin's assets are to be placed in the Type II diabetes collaboration the two pharma companies established in January 2007.