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Q2 2019 M&A report – Life sciences M&As in the second quarter of 2019: notes and trends

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PAUL D’SOUZA, ELISABET CRUCES
Pharmaceutical Analyst at Clarivate Analytics

As part of its ongoing coverage of mergers and acquisitions (M&A) activity in the life sciences sector, Cortellis Deals Intelligence registered 136 new M&As for the second quarter of 2019, a 3% increase from 132 in the same quarter of the previous year. However, total disclosed deal value declined by 7% to 105.3billionfrom113.7 billion (see Figure 1).

 

11 M&AS EACH WORTH IN EXCESS OF $0.5 BILLION WERE FORMED

There were 27 high-value new M&As worth in excess of 0.1billionreportedwith11oftheseworthmorethan0.5 million each; at a combined value of 99.9billion,theserepresented94.9105.3 billion (see Figure 2).

 

AbbVie led the M&A activity in the biopharmaceutical sector with its 63billionapproachforAllerganandasignificantnumberofbiopharmacompaniesalsoexpandedtheirportfoliosinareassuchasoncology,includingtheoffersofPfizerforArrayof11.4 billion and Merck & Co. for Peloton Therapeutics in exchange of 2.2billionand773 million for Tilos Therapeutics.