December round-up of pharma/biotech M&A activity
The year's final month has brought with it some intriguing deals reflecting the diverse and global nature of pharma today.
Deals have involved not just the established big pharma players such as US giant Pfizer (NYSE: PFE) making a move in immuno-oncology, Switzerland's Novartis (NOVN: VX) snapping up dermatology and opthalmology assets and frequent dealmaker Allergan (NYSE: AGN) notching up its tenth acquisition of the year.
Among the other activity has been a Japanese company with a background in glass manufacturing strengthening its life science business, privately-held Israel-based Otic Pharma announcing a deal to create a company focused on ear, nose and throat disorders, and two US firms merging to advance their aspirin product.
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