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Labcorp has entered into an agreement with OPKO Health to acquire select assets of OPKO’s wholly owned subsidiary BioReference Health, incl. its laboratory testing businesses focused on clinical & women’s health testing services, urology, corrections and certain operational assets, incl. >80 additional patient service centers
As per the deal, Labcorp will pay $722M in…
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Galderma signed an agreement to acquire 100% of ZO Skin Health for an enterprise value of $1.5B in an all-cash transaction, expanding its dermatological skincare portfolio alongside Cetaphil and Alastin
ZO Skin Health offers more than 40 skincare products and serves over 16,500 physician, medical spa, and online accounts across more than 40 countries.…
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Viatris has entered into a definitive agreement to acquire Pacira BioSciences, advancing its innovative medicines strategy and becoming a leader in non-opioid pain therapies
As per the deal, Viatris will acquire Pacira for $36.5/share in cash, representing an aggregate equity value of $1.65B, with remaining shares acquired later via a second-step merger; closing is…
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Shionogi announced a planned acquisition of IntraBio for $2.0B, adding AQNEURSA (levacetylleucine) and IntraBio’s rare disease capabilities to its portfolio; the transaction is expected to close between November and December 2026, subject to customary conditions and regulatory approvals
AQNEURSA is approved in the US and EU for neurological manifestations of Niemann-Pick disease Type C…
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GE HealthCare entered into a definitive agreement to acquire SOFIE Biosciences from Trilantic North America for $945M in cash, with the transaction expected to close in 1H’27, subject to regulatory approvals and other closing conditions. If completed, SOFIE will become part of GE HealthCare’s PDx segment
The acquisition will establish GE HealthCare’s footprint in the…
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BioMarin has entered into a definitive agreement to acquire Alesta Therapeutics, incl. its P-I/II asset ALE1, an oral small molecule for the treatment of hypophosphatasia
As per the deal, BioMarin will acquire Alesta, with Alesta shareholders receiving $275M upfront & ~$215M in development & regulatory milestone payments
Before closing, Alesta will spin out all non-ALE1…
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Alfasigma has entered into an agreement with SEVER Life Sciences to acquire 100% of Nordic Pharma & its subsidiaries, adding the Nordimet methotrexate franchise to Alfasigma’s rheumatology portfolio alongside Jyseleca
Deal will expand Alfasigma’s commercial footprint through Nordic Pharma’s direct operations across 18 EU countries, while adding platforms in Canada & Japan. The portfolio…
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Teledyne Technologies agreed to acquire Varex Imaging for $18.90 per share in cash, valuing the transaction at approximately $1.1B, incl. Varex’s equity awards & net debt
Varex develops X-ray tubes, flat-panel & photon-counting detectors, high-voltage interconnects & imaging software used across medical imaging, oncology, industrial inspection, security & vehicle inspection
The acquisition is expected…
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Jazz Pharmaceuticals has entered into a definitive agreement to acquire Actio Biosciences, incl. its asset ABS-1230 for the treatment of KCNT1+ epilepsy; closing expected by Q4’26
Under the merger, Actio shareholders will receive $820M upfront & ~$500M in approval and sales milestones. Actio will spin out a new private company, excl. ABS-1230, which remains…
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Tarsus Pharmaceuticals has entered into a definitive agreement to acquire Alkeus Pharmaceuticals, incl. its lead asset gildeuretinol (ALK-001), expanding Tarsus’ presence in retina care
As per the deal, Alkeus will receive ~$450M upfront ($270M cash + $180M in Tarsus stock priced at $61.38/share), plus ~$350M in regulatory & commercial milestones, & low single-digit tiered descending…

