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Standalone Sandoz And Biocon’s Biosimilars: 2022’s Biggest Deals

Apotex Moves From Family To Private Equity, Among Other Transactions

 
• By Dean Rudge

The acquisition and consolidation mania that gripped industry in the middle half of the last decade may seem like a distant dream but players continued to spend cash where it could be justified in 2022, while raising much-needed capital to fund their endeavors.

M&A
Several of industry's major players made moves in 2022 • Source: Cagkan Sayin/Alamy Stock Photo (Cagkan Sayin / Alamy Stock Photo/Alamy Stock Photo)

A long-rumored spin-off proposing the creation of the “number one standalone European generics company and a global leader in generics and biosimilars,” an acquisition valued at more than $3bn in the burgeoning biosimilars sector, and a landmark special purpose acquisition company (SPAC) merger delivering a much-desired public listing – 2022 proved another busy year for dealmaking.

In a year dogged by geopolitical turmoil, plunging stock and rising energy prices, as well as supply chain issues, industry marched on, adding to their portfolios where they perceived value could be created or else

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