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Biopharma Deal Value, Volume Tumbled Substantially During First Half

 
• By Joseph Haas

A PwC analysis finds biopharma aggregate deal value declined 87% during the first half compared to the second half of 2018; deal volume dropped 17%. The pandemic was a cause, but not the only factor.

Straight_Road
After a decline in deal-making during the first half, PwC expects higher activity during latter 2020

The biopharmaceutical industry has fared better than many others during the COVID-19 pandemic, but it hasn’t escaped disruption. A new PwC analysis shows that deal-making decreased precipitously during the first six months of 2020, both by aggregate value and volume.

In a survey of deals valued at $15m or higher, PwC analysts found just $3.3bn in total big pharma deal value during the second quarter of 2020, even though the...

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