IQVIA Notes Increasing Share Of Deals Between Smaller Biopharmas

In its 2023 report on global R&D trends for the biopharma sector, IQVIA found a shrinking percentage of deals involving $5bn+ revenue companies; R&D spending among big pharmas is the highest since 2014.

Business trend
Deals between smaller companies are a bigger share of overall biopharma business development • Source: Shutterstock

Roughly two-thirds of all deals are signed between two emerging biopharma companies, according to a recent IQVIA report on global R&D trends. Meanwhile, deals between large and mid-sized companies are decreasing as a share of overall business development.

In overall biopharma dealmaking, IQVIA took note of an increasing share of deals involving what it calls emerging biopharma companies...

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