M&A Takeoff May Be Delayed, Experts Predict

All the elements for a big M&A year are in place, but political uncertainty and interest rates could push more deals into the second half of the year, according to business development experts at BIO CEO & Investor.

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Key Takeaways
  • The M&A boom biopharma investors are hoping for might be delayed into the second half of 2025 due to continued political uncertainty and high interest rates.
  • Experts at the BIO CEO & Investor Conference discussed the overhangs driving uncertainty and impacting the dealmaking environment.
  • Nonetheless, they said the fundamentals remain strong and predicted 2025 will still be a big year for business development after some of the political dust settles.

With many big pharmas anxious to fill their portfolios with new commercial sellers and biotechs running low on cash, 2025 is expected to be a big year for deals and M&A across the biopharma sector

With the US Treasury lowering interest rates in late 2024 and the presidential election over in November, dealmakers were expecting to see an uptick in pharma deals in 2025, but US

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