Pharma M&A: The Top High Value Deals in 2023

Although the pharma industry’s dealmaking activity in the last 12 months has yet to surpass the peak levels seen in previous years like 2019 when total deal values reached $264bn, mergers and acquisitions (M&As) saw somewhat of a resurgence in 2023. While there was a rebound in M&A deals from 2022 to 2023 in terms of total deal values was observed, M&A activity in Q1 2024 has dropped in comparison to Q1 2023 in terms of deal values. Oncology as a therapeutic area has consistently attracted the most deals over the years, with 2023’s highest-value deal also being in the cancer arena. At the same time, there was growing interest for M&As neurology and immunology last year.

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Source: https://www.pharmaceutical-technology.com/features/pharma-ma-the-top-high-value-deals-in-2023/

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