The following video is part of our "Motley Fool Conversations" series, in which health-care editor/analyst David Williamson and consumer goods editor/analyst Austin Smith discuss topics across the investing world.

In today's edition, David and Austin discuss AstraZeneca's recent pipeline-bolstering purchase. Big pharma has been on the hunt recently, snapping up assets and restocking pipelines to mitigate the damage from the patent cliff. David and Austin catch viewers up on the recent M&A action and discuss what this deal means for AstraZeneca, its shareholders, and its potential competitors.

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Austin Smith has no positions in the stocks mentioned above. David Williamson has no positions in the stocks mentioned above. The Motley Fool owns shares of AstraZeneca. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.