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Report: Deals in the medical device sector rose 200% in Q1
May 20, 2014 by Brad Perriello
The total value of acquisitions in the medical device sector rose nearly 200% during the 1st quarter, with deal volume up more than 111% compared with Q1 2013, according to a PricewaterhouseCoopers report.
Acquisition activity among medical device companies surged some 200% by value and 111% by volume during the 1st quarter compared with the same period last year, with medtech firms seeking both tuck-ins and more transformative deals aimed at navigating the new healthcare landscape, according to a PricewaterhouseCoopers report.
There were 19 acquisition deals worth roughly $2 billion during the quarter, according to the PwC report, “Pharmaceutical and Life Sciences Deals Insights Quarterly.”