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Biopharma Quarterly Dealmaking Statistics, Q1 2018

A look at financing, M&A and alliance activity January–March 2018

Executive Summary

Biopharma financing started the year solidly with $16.6 billion in total deal value, a 14% increase over the previous quarter. Q1 2018 biopharma merger and acquisition deal value, led by Cigna's $67 billion buy of Express Scripts, topped even the previous all-time-high set in Q4 2107, while alliances totaled $30.7 billion and featured big oncology and neurology partnerships.

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