Total pharma industry deals for April 2019 worth $7.3bn were announced globally, according to GlobalData’s deals database.
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The value marked an increase of 25.5% over the previous month and a drop of 72.4% when compared with the last 12-month average of $26.42bn.
In terms of number of deals, the sector saw a drop of 2.2% over the last 12-month average with 132 deals against the average of 135 deals.
In value terms, North America led the activity with deals worth $5.73bn.
Pharma industry deals in April 2019: Top deals
The top five pharma deals accounted for 60.4% of the overall value during April 2019.
The combined value of the top five pharma deals stood at $4.41bn, against the overall value of $7.3bn recorded for the month. The top announced pharma deal tracked by GlobalData in April 2019 was Novartis‘ $1.58bn acquisition of IFM Tre.
In second place was the $1.2bn acquisition of Paragon Bioservices by Catalent and in third place was Leonard Green & Partners’ $1bn private equity deal with Catalent.
The $375m asset transaction with Eli Lilly by Eddingpharm and XOMA’s asset transaction with Aronora for $264m held fourth and fifth positions, respectively.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.