Mega deals are rarely on the August agenda, and so it proved in 2019, with little activity involving pharma's biggest players.
But German major Bayer (BAYN: DE) paid for the remaining stake in a company that it had a previous 40.8% share of, and announced the sale of its Animal Health business, and US biotech Amgen (Nasdaq: AMGN) snapped up a brand that is being offloaded to allow Bristol-Myers Squibb's (NYSE: BMY) acquisition of Celgene (Nasdaq: CELG) to go ahead.
The table below details these deals and more:
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