The Pharma Letter M&A roundup - May 2022

6 June 2022

The biggest pharmaceutical M&A deal of 2022 so far was announced in May, along with five other notable acquisitions.

Perhaps not surprisingly, given the US pharma giant's huge pile of cash earned from its COVID-19 vaccine and treatment sales, the company behind the huge buyout was Pfizer (NYSE), as it snapped up Biohaven Pharmaceutical for $11.6 billion to add to its migraine drugs portfolio.

UK-based GSK (NYSE: GSK) was responsible for the month's other large acquisition by a pharma major as it snapped up vaccines technology company Affinivax. The other three deals announced were more modest but interesting nonetheless, with the table below showing more details on each buyout and the reasons behind it.

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