M&A News for the Healthcare Industry Sector

M&A News for the Healthcare Industry Sector

By Daniel Sirvent

September 21, 2017

The report below provides a good overview of the 3rd Quarter M&A activity in the Healthcare Industry Sector. Q2 M&A activity for North American based Healthcare companies included 152 closed deals, according to data published by industry data tracker FactSet Research with an average disclosed transaction value of $142 million.

One of the largest deals of the quarter closed in May when Sawai Pharmaceutical Co. Ltd. acquired Upsher-Smith Laboratories, Inc. from ACOVA, Inc., for US$1.1 Billion in cash. Sawai Pharmaceutical Co. engages in the manufacture and sale of prescription pharmaceutical products that include cardiovascular drugs, antihyperlipidemic agents, diabetes, anticancer drugs and over-the-counter drugs. Upsher-Smith Laboratories manufactures generic pharmaceuticals.

Industry Indicators

  • US consumer prices for medical care services, an indicator of profitability for healthcare services, rose 2.5% in May 2017 compared to the same month in 2016.
  • Total US revenue for healthcare and social assistance rose 6.1% in the first quarter of 2017 compared to the previous year.

Posted by Daniel Sirvent.

Read the Entire Healthcare 3rd Quarter Newsletter Here