FOR IMMEDIATE RELEASE
Lisa E. Phillips
Editorial Director
800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com
NORWALK, CT – November 23, 2015 – The health care merger and acquisition market has set a new record in 2015, with more than a month left to go to the end of the year. More than $549 billion has been spent on health care transactions as of this date, according to data from Irving Levin Associates, Inc. That is 42% higher than the previous record set last year, with $387.7 billion spent on 1,312 transactions. So far in 2015, 1,285 deals have been recorded.
The $160 billion mega-merger between Pfizer Inc. and Allergan plc, announced earlier today, put the total well over 2014’s total. That deal alone comprises 29% of the year’s spending on health care transactions. Two other mega-deals, the $54.2 billion Anthem/Cigna deal and the $37 billion Aetna/Humana deal, account for 18% of the spending.
“With more than a month to go to the end of 2015, we’re sure to see a new record set for deal volume,” said Lisa E. Phillips, editor of Health Care M&A News. “Another record to note is that 51 transactions of $1 billion or larger have been announced this year, which account for 90% of the deal value.”
All monthly results are published in Health Care M&A News for all 13 sectors of health care, which is part of the Health Care MA Information Source. For more information, or to subscribe to the service, call 800-248-1668. Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing markets.
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