3 Reasons Why The Biopharma M&A Market Is Ready For Takeoff
M&A activity in the healthcare sector has been slow in 2023, but experts predict an influx of biopharma M&A deals in the second half of the year due to a looming patent cliff, low valuations, and a weak IPO market. Several large pharmaceutical companies are seeking late-stage assets to offset revenue decline from expiring patents. The low valuations of biotech companies make them attractive to buyers, and the slow IPO market further drives M&A activity. However, antitrust scrutiny from federal regulators could pose a potential challenge.