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commerce
shāng yè
商业
·HSK 3

AstraZeneca (pharmaceutical company)
āsīlìkāng
阿斯利康
and / with
yǔ
与
Bristol Myers Squibb (pharmaceutical company)
bìzhìtuǒ
必治妥
reported to be / rumored to be
chuánchū
传出
merger
hébìng
合并
negotiations / talks
tánpàn
谈判
，
potential
qiánzài
潜在
deal / transaction
jiāoyì
交易
valuation
gūzhí
估值
nearly / approaching
jìn
近
$400 billion USD
sìqiān yì měiyuán
四千亿美元
。

according to (formal)
jù
据
reports
bàodào
报道
，
pharmaceutical
zhìyào
制药
giant / major company
jùtóu
巨头
AstraZeneca
āsīlìkāng
阿斯利康
and / with
yǔ
与
Bristol Myers Squibb
bìzhìtuǒ
必治妥
regarding
jiù
就
one / a
yī xiàng
一项
valuation
gūzhí
估值
approximately
yuē
约
$400 billion USD
sìqiān yì měiyuán
四千亿美元
(particle)
de
的
merger
hébìng
合并
to conduct
zhǎnkāi
展开
negotiations
tánpàn
谈判
。
news / report
xiāoxi
消息
to emerge / to become known
chuánchū
传出
after
hòu
后
，
AstraZeneca
āsīlìkāng
阿斯利康
share price
gǔjià
股价
to fall / to drop
xiàdiē
下跌
more than / exceeding
yú
逾
7 percent
bǎifēn zhī qī
百分之七
，
Bristol Myers Squibb
bìzhìtuǒ
必治妥
on the other hand
zé
则
to rise
shàngzhǎng
上涨
more than
yú
逾
5 percent
bǎifēn zhī wǔ
百分之五
。

August 5, 2026 at 6:10 PM

according to
jù
据
media
méitǐ
媒体
reports
bàodào
报道
，
pharmaceutical
zhìyào
制药
company
gōngsī
公司
AstraZeneca
āsīlìkāng
阿斯利康
and
yǔ
与
Bristol Myers Squibb
bìzhìtuǒ
必治妥
already
yǐ
已
regarding
jiù
就
potential
qiánzài
潜在
merger
hébìng
合并
to conduct
jìnxíng
进行
several months
duō gè yuè
多个月
negotiations
tánpàn
谈判
。
if (formal)
ruò
若
deal
jiāoyì
交易
to be concluded
dáchéng
达成
，
merged
hébìng
合并
post-
hòu
后
company
gōngsī
公司
valuation
gūzhí
估值
will
jiāng
将
approximately
yuē
约
to reach
dá
达
$400 billion USD
sìqiān yì měiyuán
四千亿美元
，
to rank among / to join
jī shēn
跻身
global
quánqiú
全球
the largest
zuì dà
最大
pharmaceutical
zhìyào
制药
company
qǐyè
企业
the ranks of
zhī liè
之列
。
both (companies)
liǎng jiā
两家
company
gōngsī
公司
in
zài
在
oncology
zhǒngliú
肿瘤
、
cardiovascular
xīn xuèguǎn
心血管
and
jí
及
immunology
miǎnyì
免疫
field
lǐngyù
领域
both
jūn
均
have
yǒu
有
operations
yèwù
业务
overlap
chóngdié
重叠
，
but
dàn
但
R and D
yán fā
研发
drug pipeline
guǎnxiàn
管线
relatively
jiào
较
complementary
hù bǔ
互补
。
AstraZeneca
āsīlìkāng
阿斯利康
in
zài
在
solid
shítǐ
实体
tumor
zhǒngliú
肿瘤
with regard to
fāngmiàn
方面
relatively strong
jiào qiáng
较强
，
while
ér
而
Bristol Myers Squibb
bìzhìtuǒ
必治妥
on the other hand
zé
则
to focus on
zhuānzhùyú
专注于
blood
xuèyè
血液
cancer
zhǒngliú
肿瘤
and
yǔ
与
cell
xìbāo
细胞
therapy
liáofǎ
疗法
。
news
xiāoxi
消息
to emerge
chuánchū
传出
after
hòu
后
，
AstraZeneca
āsīlìkāng
阿斯利康
share price
gǔjià
股价
decline
diēfú
跌幅
exceeding
chāo
超
7 percent
bǎifēn zhī qī
百分之七
，
Bristol Myers Squibb
bìzhìtuǒ
必治妥
share price
gǔjià
股价
on the other hand
zé
则
to rise
shàngzhǎng
上涨
more than
chāo
超
5 percent
bǎifēn zhī wǔ
百分之五
。
some
bùfèn
部分
analyst
fēnxī shī
分析师
regarding
duì
对
this
cǐ cì
此次
negotiations
tánpàn
谈判
to feel
gǎndào
感到
confused / perplexed
kùnhuò
困惑
，
to believe
rènwéi
认为
both
liǎng jiā
两家
company
gōngsī
公司
(particle)
de
的
business
yèwù
业务
overlap
chóngdié
重叠
or
huò
或
to trigger
yǐnfā
引发
antitrust
fǎn lǒngduàn
反垄断
scrutiny
shěnchá
审查
。
as of
jiézhì
截至
time of publication
fā gǎo
发稿
at the time
shí
时
，
both
liǎng jiā
两家
company
gōngsī
公司
both
jūn
均
have not
wèi
未
regarding
jiù
就
this
cǐ
此
to issue
fābiǎo
发表
formal
zhèngshì
正式
statement
shēngmíng
声明
。

News in English

Business

AstraZeneca and Bristol Myers Squibb Reported in 400-Billion-Dollar Merger Talks

Reports say pharmaceutical giants AstraZeneca and Bristol Myers Squibb have held merger talks over a deal valued at roughly $400 billion. Following the reports, AstraZeneca shares fell more than 7 percent while Bristol Myers Squibb rose more than 5 percent.

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