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Biopharma M&A rockets to record heights in 2014

Big pharmas, largely absent over the past few years, played a bigger role in 2014’s pyrotechnics, spending nearly US$90 billion on M&A to close — or attempt to close — “growth gaps”.

While big pharmas were mostly focused on creating strategic franchises, specialty pharmas pursued transactions that provided the scale to compete globally. Whatever you thought of specialty pharmas’ actions — destiny made manifest or mere hubris — the resulting fi repower fi reworks, worth more than US$130 billion, were impossible to ignore.

 

For complete information, please see the attached report, or the Romanian version of the article, here.

Authors

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ERNST & YOUNG SRL