We explain why the broader sector is seeing increased M&A activity
Thursday 07 Feb 2019 Author: Lisa-Marie Janes
Corporate activity in the healthcare sector is heating up. GlaxoSmithKline ( GSK ) and US rival Pfizer plan to marry their consumer health businesses in a £10bn joint venture. Bristol-Myers Squibb has made a $74bn takeover offer for Celgene and Eli Lily is to pay $8bn for Loxo Oncology. Analysts are confident the mergers and acquisitions (M&A) trend still has legs in the sector and many believe there are...