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  • Jonathan Poyer

Four M&A Deals in June as Activity Heats Up





Week Ending June 23rd, 2023


  • Biotech: 4 Transaction (2 Follow-Ons and 2 PIPEs) totaling just under $300 Million

  • Med Tech: No Current Week Transactions


2023 YTD


  • 85 Biotech transaction totaling just over $11 Billion v. 2022: 60 Biotech transactions totaling just under $7 Billion

  • 10 Med Tech transactions totaling just over $600 Million v. 2022: 3 Med Tech transaction just over $200 Million


Private Transactions:


  • Biotech: 115 Transactions / 38 European Transactions

  • Med Tech: 66 US Transactions / 25 European Transactions


In June, we have seen the following acquisitions:


  • Qpex Biopharma acquired by Shionogi ($100M)

  • Dice Therapeutics acquired by Eli Lilly ($2.4B)

  • Chinook Therapeutics acquired by Novartis ($3.2B)

  • Paratek Pharmaceuticals acquired by Gunet Point Capital, Novo Holdings ($123M)


May acquisitions:


  • VectivBio acquired by Ironwood Pharmaceuticals ($1.145B)

  • CTI Biopharma acquired by Sobi ($1.7B)


Surely there will be a lot more to come!

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