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Biopharma Quarterly Dealmaking Statistics, Q4 2015

A look at financing, M&A, and alliance activity October-December 2015

Executive Summary

Biopharma financing for Q4 totaled $13.1 billion, a 35% increase over Q3, and again was dominated by follow-on public offerings. M&A reached a record $201 billion, topped by Pfizer's $160 billion buy of Allergan. Sanofi's $4.2 billion diabetes collaboration with Hanmi led the alliances.

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