Analysis of the key themes driving M&A activity reveals that orphan designated drugs accounted for 30 pharmaceutical deals announced in Q4 2023, worth a total value of $19.8bn. The $10.1bn acquisition of ImmunoGen by AbbVie 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, orphan designated drugs-related deal activity increased by 39% in Q4 2023 compared with the previous quarter’s total of $14.3bn and fell by 38% as compared to Q4 2022. Related deal volume decreased by 21% in Q4 2023 versus the previous quarter and was 7% higher than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Centerview Partners; SVB Financial Group; MTS Health Partners with 13, 9, 6 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Goodwin Procter; Gibson, Dunn & Crutcher; Cooley with 15, 12, 10 deals respectively.
See Also:
For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.
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, 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.
