January 2021 pharmaceutical M&A round-up
French pharma major Sanofi (Euronext: SAN) was the first of big pharma's big spenders in 2021, spending $1.45 billion on the acquisition of British privately-held biotech Kymab, which is focused on immune-mediated diseases and immuno-oncology therapeutics.
Other deals were also announced during January, including an indication of Germany's Merck KGaA (MRK: DE) taking an interest in the mRNA space and a further sign of the growth of Bangladeshi company Beximco Pharmaceuticals.
Our table below shows the month's M&A activity in the sector:
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