Analysis of the key themes driving M&A activity reveals that orphan designated drugs accounted for 22 pharmaceutical deals announced in Q3 2024, worth a total value of $6bn. The $1.6bn acquisition of Bharat Serums And Vaccines by Mankind Pharma 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.
In value terms, orphan designated drugs-related deal activity decreased by 60% in Q3 2024 compared with the previous quarter’s total of $14.9bn and fell by 57% as compared to Q3 2023. Related deal volume decreased by 45% in Q3 2024 versus the previous quarter and was 39% lower than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were Centerview Partners; Lazard; Evercore with 11, 8, 4 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were Goodwin Procter; Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates; Cooley with 8, 7, 5 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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