Analysis of the key themes driving M&A activity reveals that COVID-19 accounted for 3 medical devices deals announced in Q3 2023, worth a total value of $4.2m. The $3.5m acquisition of Precision Pathology Services by Precision Pathology Laboratory Services 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, COVID-19-related deal activity decreased by 89% in Q3 2023 compared with the previous quarter’s total of $36.4m. Related deal volume increased by 200% in Q3 2023 versus the previous quarter and was 200% higher than in Q3 2022.
The top-ranked legal advisors supporting these M&A deals in Q3 2023 were Jones Day; K&L Gates; White & Case with 1, 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.