Week Ending September 8th, 2023
Biotech: 2 Transactions (2 PIPEs) totaling just under $200 Million
Med Tech: 1 Transaction (1 Follow-on) totaling $250 Million
2023 YTD
120 Biotech transactions totaling just under $17 Billion v. 2022: 96Biotech transactions totaling just under $12 Billion
14 Med Tech transactions totaling just over $1 Billion v. 2022: 10 Med Tech transactions just under $900 Million
Private Transactions:
Biotech: 166Transactions / 46 European Transactions
Med Tech: 95 US Transactions / 31 European Transactions
August Major Transactions:
Otsuka Pharma acquired Mindset Pharma - $59M; $0.75/share
Harmony Bio acquired Zynerba Pharma - $60M; $1.11/share
Regeneron acquired Decibel Therapeutics - $107M; $4.00/share
July Major Transactions:
Biogen acquired Reata Pharma - $7,300M; $172.50/share
Novartis acquired DTx Pharma - $500M