Analysis of the key themes driving M&A activity reveals that smart hospitals accounted for 19 pharmaceutical deals announced in Q4 2023, worth a total value of $1.6bn. The $1.4bn acquisition of POINT Biopharma Global by Eli Lilly and Co 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.

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In value terms, smart hospitals-related deal activity increased by 218% in Q4 2023 compared with the previous quarter’s total of $503.5m and fell by 74% as compared to Q4 2022. Related deal volume increased by 6% in Q4 2023 versus the previous quarter and was 30% lower than in Q4 2022.

The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Bank of America; Barclays; Brentwood Capital Advisors with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Fasken Martineau DuMoulin; Gibson, Dunn & Crutcher; Kirkland & Ellis with 3, 2, 2 deals respectively.

For further understanding of GlobalData's Pharmaceuticals Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.