BioPharma Dive November 30, 2018
The chilly first months of 2018 brought with them a flurry of biopharma deals. Celgene in January snapped up CAR-T specialist Juno Therapeutics for $9 billion on the same day Sanofi announced it would be taking over hemophilia drugmaker Bioverativ for $11 billion. By springtime, the industry saw one of its largest acquisitions ever in Takeda’s $62 billion purchase of Shire.
Though the M&A storm has calmed down slightly, 2019 should be another active year for life sciences dealmaking — particularly in the biotech, payer, outsourced services and healthcare IT arenas, according to some major investment bankers presenting at the Forbes Healthcare Summit in New York.
“It’s...