July round-up of pharma/biotech M&A activity
Given that summer was underway and the Brexit vote was being digested, July was a surprisingly busy month in pharma and biotech, with a number of noteworthy acquisitions.
Among the most interesting was the small $288,300 deal to help Tiziana Life Sciences (AIM:TILS) to study the secrets of the Sardinian population's health into old age, and the much bigger $1.3 billion acquisition of Gland Pharma by Fosun (HK: 02196), showing evidence of a Chinese company looking to gain a greater presence internationally.
Biggest deal:
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