In the Chinese pharmaceutical industry, there were 29 M&A deals announced in Q4 2023, worth a total value of $3.5bn, according to GlobalData’s Deals Database. The $1.8bn minority acquisition of Shanghai RAAS Blood Products by Haier Group was the industry’s largest disclosed deal. GlobalData’s Pharmaceuticals Industry Mergers and Acquisitions Deals by Top Themes report for 2023 dissects the driving forces behind the M&A dynamics within the Pharma sector, offering essential insights into industry trends and transformations. Buy the report here.
In value terms, M&A activity in China increased by 459% in Q4 2023 compared with the previous quarter’s total of $626.1m and rose by 409% as compared to Q4 2022. Related deal volume remained flat in Q4 2023 versus the previous quarter and was 42% lower than in Q4 2022.
The top-ranked financial advisors supporting these M&A deals in China in Q4 2023 were Chestnut Partners; China Dragon Securities; Hualong Securities with 1, 1, 1 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in China Q4 2023 were Freshfields Bruckhaus Deringer; Chinalco Ruimin; Commerce & Finance Law Offices with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.