Acquisitions drive growth in pharma and biotech in the first half of 2023

3 July 2023

An analysis of recent mergers and acquisitions in the pharma sector.

During the first half of 2023, there has been intense market activity, with pharma and biotech companies spending more than $87 billion as they seek to expand growth through strategic acquisitions.

Table 1: M&A activity in the first half of 2023 ($ billions)

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