In the Australian pharmaceutical industry, there were 12 M&A deals announced in Q3 2024, worth a total value of $706.2m, according to GlobalData’s Deals Database. The $383m acquisition of IMBiologics by Nanjing Huadong Pharmaceutical was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for Q3 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 Australia decreased by 25% in Q3 2024 compared with the previous quarter’s total of $943.5m and rose by 210% as compared to Q3 2023. Related deal volume increased by 20% in Q3 2024 versus the previous quarter and was 140% higher than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in Australia in 9M 2024 were Gresham House; Lazard; Moelis & Co with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Australia in 9M 2024 were A&O Shearman; Bird & Bird; Bredin Prat & Associates with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
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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.
