UPDATE 1-AstraZeneca CEO spends $3.4 million on shares
July 01, 2014 at 12:15 PM EDT
LONDON, July 1 (Reuters) - AstraZeneca's chief executive has spent 2 million pounds ($3.40 million) on shares in the drugmaker, marking a vote of confidence in its prospects after the collapse of a $118 billion takeover bid by Pfizer .