The fireworks didn’t end on the Fourth of July, at least for the health care M&A market. Preliminary data shows deal volume rose 16% to 121 deals, compared with June’s 104 deals. Thanks to the mega-deals among health insurers and generic drug makers, deal value was approximately $166.6 billion, up 883% over June’s $16.9 billion. A full report will be published in the August issue of Health Care M&A News.

Top 5 Health Care M&A Deals in July 2015

AcquirerTargetPrice
Anthem, Inc. Cigna Corporation$54.2 billion
Teva PharmaceuticalsAllergan Generics$40.5 billion
AetnaHumana Inc. $37.0 billion
Celgene CorporationReceptos, Inc. $7.2 billion
Centene CorporationHealth Net, Inc. $6.8 billion
Source: Health Care M&A News, July 31, 2015