The End of Health Care’s Billion-Dollar Run?

by | Apr 24, 2016 9:29 pm | Healthcare Market Updates

Without thinking about it, we came to take the monthly list of billion-dollar-plus health care deals for granted. So came as a surprise when we began tallying the list of transactions announced in April.As of April 24, not one billion-dollar deal has been announced. Looking back through the DealSearchOnline database, at least one big deal has been announced every month since April 2013. That’s a 24-month streak, about to be broken. Obviously, we still have a week to go in this vernal month. The streak could continue. But if it doesn’t, you heard it here first.   Read More »

First Quarter Health Care M&A Results

by | Apr 14, 2016 8:13 am | Healthcare Market Updates

It’s official. The first quarter of 2016 was well off the previous hot-and-heavy pace for health care mergers and acquisitions, which began in 2014. Preliminary data shows 348 transactions were announced in Q1:16, down 7% compared with the fourth quarter of 2015 (375 deals) and down 8% from the same quarter a year ago (377 deals). Deal volume is the real measure, because deal value from month-to-month or quarter-to-quarter is so random. Take the fourth quarter of 2015, for example. Deal volume seemed on pace, but the largest deal in health care M&A history was announced in November, when Pfizer (NYSE: PFE) agreed to pay $160 billion to acquire Allergan plc (NYSE: AGN) for $160 billion,... Read More »