Pharma News Intelligence July 28, 2020
There were only two major pharmaceutical merger and acquisition deals so far, but the potential for more activity is there, PwC reports.
A recent PwC insights analysis found that the pharmaceutical merger and acquisition activity saw a notable decline in the first half of 2020, but the potential for consolidation in specific sub-sectors remains high.
There were only two major deals in the first quarter of 2020, Qiagen and Thermo Fisher Scientific at $11.8 billion and Forty Seven and Gilead at a $5.0 billion value.
This number reflects a major decline from the second half of 2019, which saw four major deals during the last six months of the year, researchers explained.
The difficulties in the global pharmaceutical and...