Antonin Rigaudière’s Post

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Managing Director - Global Head of Healthcare Sector

What's up in the #pharmaindustry ? Strategic investments continue ... but reduction in deal activity by 26.1 % compared to May 2023. Companies still leveraging targeted #funding strategies to drive #innovation and address critical #healthcare needs amidst industry changes. 3 major transactions accounted for 51% of the total deal value in May - Merck announced its acquisition of #Eyebiotech for USD 3bn, aiming to advance therapies for #eye #diseases - Biogen’s acquisition of #HumanImmunologyBiosciences for approximately USD 1.8 bn aimed to strengthen its offerings in immune-mediated, #allergic, and #inflammatory disease therapeutics - Novartis’s acquisition of Mariana Oncology for an estimated USD 1.7bn represented a strategic expansion into novel radioligand therapies for #cancer treatment. #Venture capital investments decreased by 8.3 % in May 2024 compared to May 2023, 97 VC deals worth USD 3 bn reported in May 2024, compared to the previous 12-month average of 110 deals worth USD 2.7 bn. - AltruBio Inc., a clinical stage #biotechnology company dedicated to the development of novel therapeutics for the treatment of immunological diseases, raising USD 225 m in series B financing to advance the clinical development of novel immune checkpoint enhancer program - Zenas BioPharma, a #biopharmaceutical company, raising USD 200 m in series C financing to advance mid and late-stage immunology-focused clinical development programs - Theras, BridgeBio Oncology Therapeutics, raising USD 200 m in financing to accelerate the development of its novel precision #oncology #pipeline #healthcare #biotechnology #venturecapital #m&a

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