August M&A Activity and Details

Week Ending August 30th, 2024:

• Biotech: 1 Transaction (1 Reverse Merger Closing)

• Med Tech: No Current Week Transactions

2024 YTD:

• 198 Biotech transactions totaling just under $33 Billion vs. 2023 YTD: 117 Biotech transactions totaling just over $16 Billion

• 8 Med Tech transactions totaling just over $1 Billion vs. 2023 YTD: 6 Med Tech transactions totaling just over $400 Million

Private Transactions:

• Biotech: 184 US Transactions / 70 European Transactions

• Med Tech: 115 US Transactions / 40 European Transactions

August M&A:

• Crown Laboratories acquired Revance for $924M or $6.66/share

• Pharmacosmos acquired G1 Therapeutics for $405M or $7.15/share

• Otsuka Pharmaceutical acquired Jnana Therapeutics for $800M