In the Indian pharmaceutical industry, there were 24 M&A deals announced in Q1 2024, worth a total value of $456.3m, according to GlobalData’s Deals Database. The $151m majority acquisition of Medica Synergie by Manipal Health Enterprises was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for Q1 2024 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 India decreased by 94% in Q1 2024 compared with the previous quarter’s total of $7.4bn and fell by 57% as compared to Q1 2023. Related deal volume increased by 26% in Q1 2024 versus the previous quarter and was 14% higher than in Q1 2023.

The top-ranked financial advisors supporting these M&A deals in India in Q1 2024 were Citigroup; Kotak Mahindra Bank; Lazard with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in India in Q1 2024 were Shardul Amarchand Mangaldas & Co; Bredin Prat & Associates; J Sagar Associates with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

Data 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.