In the Asia-Pacific pharmaceutical industry, there were 104 M&A deals announced in Q4 2023, worth a total value of $16.1bn, according to GlobalData’s Deals Database. The $6.9bn acquisition of Viatris by Cooper Consumer Health and IQuest Enterprises was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for 2023 dissects the driving forces behind the M&A dynamics within the Pharma sector, offering essential insights into industry trends and transformations. Buy the report here.

Smarter leaders trust GlobalData

In value terms, M&A activity in Asia-Pacific increased by 266% in Q4 2023 compared with the previous quarter’s total of $4.4bn and rose by 680% as compared to Q4 2022. Related deal volume increased by 8% in Q4 2023 versus the previous quarter and was 26% lower than in Q4 2022.

The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in Q4 2023 were PricewaterhouseCoopers International; Avendus Capital; Centerview Partners with 3, 2, 2 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Asia-Pacific Q4 2023 were AZB & Partners; Khaitan & Co; Freshfields Bruckhaus Deringer with 7, 4, 3 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.