Biopharma merger and acquisition value for the third quarter of 2022 reached $15.4bn from 41 transactions, 21 of which had disclosed values. Four M&A transactions hit or exceeded the billion-dollar mark during Q3 (see Exhibit 1).
At the top, and making up about a third of the Q3 total was Pfizer Inc.’s $5.2bn acquisition of Global Blood Therapeutics, Inc. (GBT), for a total...
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