Pharmaceuticals Industry Sees Spate of M&A Activity
Some $33 billion of M&A activity took place among pharmaceuticals companies in April.
Mergers and acquisitions (M&A) to the tune of $33 billion (￡20.4 billion) took place among pharmaceuticals companies last month, making healthcare the busiest sector for this kind of activity in April.
Figures from tracker Dealogic, provided to the Financial Times, highlight AstraZeneca's $1.3 billion purchase of Ardea as one of the major completed transactions.
GlaxoSmithKline, meanwhile, is currently involved in a $2.6 billion takeover for Human Genome Science, which is involved in the development of Benlysta for lubus.
Rick Leaman, of investment bank Moelis & Co, told the news provider that big pharmaceuticals companies are currently attracted to mergers and acquisitions as a way of
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