Thermo Fisher Scientific (NYSE: TMO) announced two divestments. In the first, it is selling Athena Diagnostics, a company that provides diagnostic testing services for neurological diseases, to Quest Diagnostics (NYSE: DGX) for $740.0 million in cash. This...
Enlarges Cancer Drug Distribution Business Early in November, the media heralded the acquisition of US Oncology by McKesson Corporation (NYSE: MCK) as a sign that the economy was rebounding. After all, they reasoned, committing to pay $2.16 billion in the current...
37 Buyers Spent $1.0 Billion Or More On Health Care M&A From years past, we have come to expect a lull in merger and acquisition activity from Thanksgiving through New Year’s Day. Instead of announcing new, large transactions, dealmakers typically use the holiday...
October Produces Six Deals Worth Over $3.2 Billion Toward the end of each year, we see a flurry of transactions in the Long-Term Care sector as brokers, bankers and principals try to tie up the deals they have been working on so diligently. During the third quarter of...
Makes Three Deals Worth $4.2 Billion In One Month Since acquiring Wyeth last year for $68.0 billion, Pfizer (NYSE: PFE) has kept a relatively low acquisition profile, buying a biotech here, a generic pharma there, all for relatively small amounts. That changed this...
215 Deals Posted Worth $65.9 Billion Based on preliminary data, the health care industry posted a total of 215 mergers and acquisitions in the third quarter of 2010. A total of $65.9 billion was committed to fund this activity. Despite a lower level in deal volume,...