January round-up of pharma/biotech M&A activity
The tone for pharmaceutical and biotechnology M&A activity in 2017 has very much been set in January, with six deals worth more than $500 million and three exceeding $1 billion.
Those include the deal that could well turn out to be the biggest of 2017, the $30 billion purchase of Swiss biotech Actelion by the US healthcare giant Johnson & Johnson (NYSE:JNJ).
US biotech Celgene (Nasdaq: CELG) and French pharma major Ipsen (Euronext: IPN) also showed an openness to add assets through costly acquisitions, and other big names including Swiss giant Roche (ROG: SIX) and the USA's Eli Lilly (NYSE: LLY) were active too.
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