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How Common are Postmerger Divestitures of Acquired Company Units?

M&A Leadership Council

A sell-off, which is by far the most common type of divestiture (and the type usually referred to as such), is the sale of one or more company units to another company – for example, when BF Goodrich Corporation sold its JcAIR Test Systems business to Aeroflex Incorporated in 2005. What is a sell-off? . What is a spin-off?

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Cooley’s 2022 Life Sciences M&A Year in Review

Cooley M&A

But it wasn’t all carve outs and concerned investors – even with the headwinds in the industry and beyond, there were still several traditional public M&A deals involving biotechnology or medical device companies, as large pharmaceutical companies continued to have cash to deploy for acquisitions. Let’s dig in.

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Cooley’s 2023 Life Sciences M&A Year in Review: Potent Mix of Creativity and Resilience Spurs Activity Heading Into 2024

Cooley M&A

While the year saw an overall decline in M&A activity (down 17% from 2022) , total pharmaceuticals and life sciences deal value in 2023 increased by approximately 50% compared to 2022. Looming patent cliffs By 2030, more than 190 drugs will lose patent exclusivity , including 69 blockbuster drugs, putting at risk $236 billion in sales.

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Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

a sale, divestiture, change in strategy or management, return of capital to shareholders, etc.). Commercial-stage pharmaceutical companies with lagging share price, financial performance This group includes companies that are performing poorly relative to their peers and have perceived strategic, operational, or governance issues.