In value terms, artificial intelligence-related deal activity increased by 45% in Q2 2023 compared with the previous quarter’s total of $131.8m. Related deal volume increased by 50% in Q2 2023 versus the previous quarter and was 100% higher than in Q2 2022.

The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Wilson Sonsini Goodrich & Rosati Professional; Gibson, Dunn & Crutcher; Gillespie Law Group with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023

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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.