In the Chinese medical devices industry, there were 10 M&A deals announced in Q3 2023, worth a total value of $140.7m, according to GlobalData’s Deals Database. The $64.9m majority acquisition of Casstar Medical Technology Wuxi by Genertec Universal Medical Technology Services (Tianjin) was the industry’s largest disclosed deal. GlobalData’s Medical Devices Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 report helps understand the pivotal themes steering M&A activity in the industry. Buy the report here.
In value terms, M&A activity in China decreased by 27% in Q3 2023 compared with the previous quarter’s total of $193.5m and rose by 2166% as compared to Q3 2022. Related deal volume increased by 11% in Q3 2023 versus the previous quarter and was 100% higher than in Q3 2022.
The top-ranked legal advisorss supporting these M&A deals in China Q3 2023 were Dechert; Ropes & Gray with 1, 1 deals respectively.
For further understanding of GlobalData's Medical Devices Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.