Week of December 5, 2023 | Vol. 12, Issue 47

Linkedin  

In This Issue

Upcoming Events

Industry M&A Activity

Recent Transactions

Trading Comps

Market Reports

M&A Pipeline

Featured Headlines

Tanner Updates



Quick Links

Who We Are

Investment Banking

Strategic Capital

Research


Contact Information

Xan Smith

Managing Director

Business Development

xsmith@bourne-partners.com


Jeremy C. Johnson

Senior Managing Director, Head of Investment Banking

jjohnson@bourne-partners.com

Industry Snapshot

Above is an overview of recent industry M&A activity. Click on the chart to view complete transaction tables broken out by industry sub sectors. For additional information, see the Industry M&A Activity section below.

UPCOMING EVENTS

Events Hosted or Attended by Bourne Partners

1200px-J_P_Morgan_Logo_2008_1 image

JP Morgan Healthcare Conference 2024

January 8-11, 2024 - San Francisco, CA

scope image

SCOPE Summit for Clinical Ops Executives 2024

February 11-14, 2024 - Orlando, FL

dcat-week-2023 image

DCAT Week 2024

March 18-21, 2024 - New York City, NY

CHPA-logo-new image

CHPA 2024

March 18-20, 2024 - Amelia Island, FL

Let's Meet!

Please reach out to Xan Smith to schedule a meeting with Bourne Partners in the following locations:

INDUSTRY M&A ACTIVITY

Recent Transactions, Trading Comps, Market Reports, M&A Pipeline

Recent Transactions

An Overview of Transactions Within Market Sub-segments

Below are summaries and charts with the past week's transactions from the different healthcare sectors. For a detailed table showing data for each industry transaction click on any of the charts. Total transaction values are provided in USD millions.

M&A Transactions

Pharma & Biotech

8 transactions totaling $9,697 million


Supplies, Equipment & Services

14 transactions totaling $443 million


Healthcare Facilities & Distributors

8 transactions totaling $1,017 million


Healthcare IT & Managed Care

2 transactions

Private Placements

Pharma & Biotech

17 transactions totaling $175 million


Supplies, Equipment & Services

12 transactions totaling $45 million


Healthcare Facilities & Distributors

0 transactions


Healthcare IT & Managed Care

9 transactions totaling $95 million

Public Offerings

Pharma & Biotech

18 transactions totaling $681 million


Supplies, Equipment & Services

7 transactions totaling $3,990 million


Healthcare Facilities & Distributors

0 transactions


Healthcare IT & Managed Care

1 transaction

Trading Comps

A Breakdown of Relevant Trading Multiples

This is a high-level breakdown of median revenue and EBITDA multiples for each of the specific subsectors.

Market Research

Insight Into Healthcare Related Industries

M&A Pipeline

Representative Current Retained Sell-Side and Partnering Opportunities

Project Ester

Consumer Health | Strategic Partnering 

Partnering opportunity for launch and commercialization of novel OTC dry eye product


Project Panther

Pharma Services | Sell-Side

Acquisition opportunity of OTC and personal care CDMO


Project Pearl

Pharma | Capital Raise

Investment opportunity in late clinical-stage biopharmaceutical company

Project Pine

Pharma Services | Capital Raise

Investment opportunity in sterile injectable pharmaceutical manufacturer 


Project Trident

Pharma | Buy-Side

Seeking generic liquids or established brands across all formats sold through the hospital / institutional channel

Featured Headlines

A Sampling of Industry Headlines

Bourne Brief: Navigating Tailwinds & Headwinds in Clinical Research Service

Bourne Partners - Nov 2023

NorthEdge Acquires Torbay Pharmaceuticals, Plans Set to Expand to the US

Zenopa - Nov 23, 2023

FACT SHEET: President Biden Announces New Actions to Strengthen America’s Supply Chains, Lower Costs for Families, and Secure Key Sectors

The White House - Nov 27, 2023

RoslinCT To Manufacture Exagamglogene Autotemcel (Exa-Cel) For Vertex Pharmaceuticals Inc Following An Extensive Development Collaboration

Roslin - Nov 28, 2023

AWS Joins Forces With Amgen on Generative AI Solutions to Accelerate Advanced Therapies

Business Wire - Nov 28, 2023

QuantHealth debuts AI-based program to 'simulate trials at scale'

Fierce Biotech - Nov 29, 2023

Procaps Group and Genomma Lab Announce a Strategic Agreement to Manufacture and Market Softgel Products in Latin America

Business Wire - Nov 29, 2023

CDMOs Face Headwinds in 2023, Look to Slow Recovery

BioSpace - Nov 29, 2023

PRISM BioLab, Lilly Enter PPI Discovery Collaboration

Contract Pharma - Nov 30, 2023

Fujirebio and Sysmex Expand CDMO Partnership into the Field of Neurodegenerative Diseases under Their Immunoassay Collaboration

Business Wire - Nov 30, 2023

AbbVie to Acquire ImmunoGen in $10.1B Deal

Contract Pharma - Dec 1, 2023

TANNER NEWS

Linkedin  

Tanner Supports the Big Oardeal

Tanner is proud to support The Big Oardeal, a team of four men who will row across the Atlantic Ocean in the Talisker Whisky Atlantic Challenge. The team, which includes James Bracey (brother of our very own Jonathan Bracey!), will take on the world’s toughest row in a 28-foot boat, facing storms, waves, and wildlife to raise funds for four great charities: Challenge Wales, Blue Marine Foundation, Cambridge Children’s Hospital and Norfolk Community Foundation. Learn more.