GlobalData : Healthcare sector witnesses second consecutive week of growth in deal activity, says GlobalData

The number of deals announced in the global healthcare sector, including pharmaceuticals and medical equipment, grew by 5.9% during the week ended 5th April, 2020, compared to the previous week, according to GlobalData's deals database.

Aurojyoti Bose, Analyst at GlobalData, comments: "This marks the second consecutive week of growth in deal activity for the healthcare sector. Amid COVID-19 concerns, the healthcare sector has been showcasing resilience and witnessing growth in deal activity."

Deal activity declined in the US, while China witnessed growth in deal activity during the week ended April 5.

Bose continued: "Announcement of venture financing, partnership and merger and acquisitions (M&A) deals increased by 45.8%, 8.6% and 54.5%, respectively, while licensing agreement and private equity deal volume remained at the same level during the week ended April 5, 2020 compared to the previous week. On the other hand, equity offerings deal volume dropped by 32.5%."

ENDS

For more information

Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: [phone]

Asia-Pacific: [phone]

Email: [e-mail]

For expert analysis on developments in your industry, please connect with us on:

GlobalData | LinkedIn | Twitter

Editor's notes

Quotes are provided by Aurojyoti Bose, Lead Analyst at GlobalData

The information is based on GlobalData's Financial Deals Database

This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData's team of industry experts

About GlobalData

4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make timelier and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE