Global gene therapy deals sky-rocketed to nearly $5 billion in 2014
The total number of deals in the global gene therapy market more than doubled from 16 in 2013 to 36 in 2014, with their combined value rising spectacularly from $122.8 million to $4.9 billion over the same period, representing a forty-fold increase.
Research and consulting firm GlobalData’s latest report states that merger and acquisition activity is typically low in the gene therapy field, as the technology remains highly experimental and the majority of products are in early-stage clinical development.
$2.9 billion deal by Abbott for CFR
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