ADVISERS

BANK OF AMERICA MERRILL LYNCH

AstraZeneca brought in Morgan Stanley to advise on its acquisition on Ardea, with the bank hoping to secure business on future deals. The pharma giant has signalled its intention to snap up more firms at around the $1bn dollar mark. Morgan Stanley also advised fellow drug firm GlaxoSmithKline in its failed bid to capture Human Genome Sciences. Ardea, meanwhile, was advised by Bank of America Merrill Lynch.