According to the Global Data report, the pharma sector in Q3 2023 witnessed deals worth $28 billion, down 28% from the $54 billion recorded in Q2 2023.
It has been "a really tough year" for the healthcare sector.
That's according to Shannon Saccocia of Boston Private, who appeared on CNBC’s "Halftime Report Final Trades."
A proposed regulatory shift has injected uncertainty into the laboratory-testing market just as startups advance various tests to detect diseases sooner and personalize treatments.
In our modern, high-speed society, many find themselves exhausted in the relentless chase for achievement. Yet, a concept from ancient China that dates back 2,000 years might offer a path to equilibrium and contentment. New York's psychologist, Dr.
Goldman Sachs compiled research suggesting the global pharmaceutical sector has approximately $700 billion available for M&A and investments.
This significant financial reserve will be crucial as patents for some of the industry's blockbuster drugs are on the expiration cliff.