IT'S ALL ABOUT CONSOLIDATION THESE DAYS IN PHARMA, MEDTECH AND BIOTECH M&A
by Meghana Keshavan
This year’s been a big deal for big deals in pharma, biotech and medtech: There have been 869 deals worth $354.3 billion, according to a new Mergermarket report – the most the firm’s seen since 2001 by value. This is attributed, of course, to the eight megadeals this year – representative of the mass consolidation going on (cough, inversion, cough) in the industry – which alone accounted for $220.3 billion.
Though Mergermarket predicts the market for mergers to remain strong in Q4 2014 and beyond, the IPO market is predicted to be bleak. Here are some standout observations from the report:
- This infographic:
- Despite inversion being a driver for M&A deals, deals like the potential AstraZeneca-Pfizer merge went moot thanks to “too strong a tax inversion strategy rhetoric,” the report said. By contrast, the $54 billion Shire-Abbvie merge remains notable because it “carries with it all the benefits of transatlantic deal-making coupled with the assurance of a cash generating pipeline.”
- The Eli Lilly deal in which it bought Novartis’ Animal Health portfolio stood out perhaps for the wrong reasons this year – the $5.4 billion buyout was valued nearly five times the 2013 revenues – “desperation to be a leader in one segment has a price to pay,” the report said.
- Consolidation isn’t just left to the big guys. Thanks to next year’s round of Medicare competitive bidding, there’s going to be lots of merging among small suppliers of durable medical equipment. “In the best case scenario, a successful bid will saddle a company with drastically reduced Medicare reimbursement,” the report said, “while in the worst case, operators could lose out on contracts entirely.” Smaller players in the device supplier sector may have to merge to survive – while larger players can don a more acquisitive strategy to gain size and scale.
Fuente: MEDCITY News
Haciendo click en cada uno de los links siguientes,
accederán a los Contenidos de nuestros
TALLERES DE CAPACITACIÓN IN COMPANY A MEDIDA:
(translator on page)
¿Cómo INCORPORAR y APLICAR Modelos de
PENSAMIENTO ESTRATÉGICO?
(aplicado al Sector Salud y Farma, con resolución de casos reales en tiempo real)
PENSAMIENTO ESTRATÉGICO?
(aplicado al Sector Salud y Farma, con resolución de casos reales en tiempo real)
http://msg-latam-meic.blogspot.com.ar/2014/06/capacitacion-in-company-programa_6246.html
¿Cómo GERENCIAR EFICAZMENTE a partir del
MANAGEMENT ESTRATÉGICO?
(aplicado al Sector Salud y Farma, con resolución de casos reales en tiempo real)http://msg-latam-meic.blogspot.com.ar/2014/06/capacitacion-in-company-programa_3.html
¿Cómo GERENCIAR PROCESOS DE CAMBIO
y no sufrir en el intento?
(aplicado al Sector Salud y Farma, con resolución de casos reales en tiempo real)http://msg-latam-meic.blogspot.com.ar/2014/06/capacitacion-in-company-programa.html
¿Cómo IMPLEMENTAR ESTRATEGIAS EFECTIVAS?
Recetas para Escenarios Turbulentos
(aplicado al Sector Salud y Farma, con resolución de casos reales en tiempo real)http://msg-latam-meic.blogspot.com.ar/2014/06/capacitacion-in-company-taller-de.html
Consultas al mail: msg.latam@gmail.com
ó al TE: +5411-3532-0510
No comments:
Post a Comment