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January 5, 2018
By: Kristin Brooks
Managing Editor, Contract Pharma
Mergers and acquisitions dominated the pharmaceutical and biopharmaceutical outsourced services industry in 2017. Additionally, 2017 saw numerous pharma/biopharma acquisitions to expand drug portfolios as well as to gain advanced drug development technologies. Leading global providers as well as smaller, specialty service providers were the target of acquisition efforts to gain/dominate market share. In line with increased outsourcing within the pharma/biopharma industry, demand for advanced technologies and global infrastructure, for increasingly complex drug products, namely biologics, has prompted a flurry of M&A this past year. –KB Top M&A Headlines Takeda Buys ARIAD for $5.2B Fresenius Kabi Acquires Akorn in $4.3B Deal Thermo Fisher Buys Patheon for $7.2B Evotec to Pay $300M for Aptuit Catalent to Acquire Cook Pharmica for $950M Gilead to Acquire Kite Pharma AMRI Bought for $922M Lonza Acquires PharmaCell Sanofi Buys Protein Sciences for $750M 3SBio Acquires Therapure for $290M Further reading: CMO/CDMO Sector Mega-Mergers & Acquisitions; CMOs/CDMOs: Challenges and Opportunities
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