In the Middle East and Africa pharmaceutical industry, there were 8 M&A deals announced in Q3 2023, worth a total value of $128.7m, according to GlobalData’s Deals Database. The $51.5m acquisition of Chronic Care Specialized Medical Hospital by National Medical Care was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for Q3 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.
In value terms, M&A activity in Middle East and Africa decreased by 5% in Q3 2023 compared with the previous quarter’s total of $135.2m and fell by 77% as compared to Q3 2022. Related deal volume remained flat in Q3 2023 versus the previous quarter and was 39% lower than in Q3 2022.
For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.