• Transactions in the Pharma Services – Development industry totaled five mergers & acquisitions and two financings during the month of April
  • The Laboratory Services sector was the most active this month, with 2 M&A transactions and 2 financings
  • Total disclosed M&A value was $485.0 million, while financings totaled $2.2 million during the month of April
  • The largest disclsoed M&A transaction this month was the $485 million acquisition of Envigo’s Nonclinical Research Services by Covance Inc., while the largest financing this month was $1.5 million by AKESOgen, Inc.
  • M&A and financings in the United States accounted for 60% and 50% of total transactions this month, down 28% and 50%, respectively
  • M&A activity this month includes acquisitions by TriNetX, Protagen Protein Services, and Evolution Research Group