In the British pharmaceutical industry, there were 19 M&A deals announced in Q1 2024, worth a total value of $1.1bn, according to GlobalData’s Deals Database. The $880m acquisition of Redx Pharma by Jazz Pharmaceuticals 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.

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In value terms, M&A activity in the UK increased by 41% in Q1 2024 compared with the previous quarter’s total of $779.7m and fell by 32% as compared to Q1 2023. Related deal volume decreased by 42% in Q1 2024 versus the previous quarter and was 10% lower than in Q1 2023.

The top-ranked financial advisors supporting these M&A deals in the UK in Q1 2024 were Cavendish Capital Markets; Deloitte NSE; Deloitte Touche Tohmatsu with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in the UK in Q1 2024 were Bird & Bird; Bredin Prat & Associates; HCR Legal with 1, 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

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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.