ARTICLE | Deals
Big week for biotech M&A brings seven transactions: Deals Report
Plus: Lilly signs a $2.3 billion discovery deal
May 4, 2026 11:01 PM UTC
The past week saw acqusition announcements for at least seven biotechs, including three takeout offers over $1 billion. The first five weeks of 2Q26 have now brought nine M&A deals with a total value of at least $1 billion, bringing the 1H26 tally so far to 19.
Six of the weeks’ seven buyers are based in the EU or Israel, including French private equity play Achimed S.A.S. The lone U.S. buyer is transplant diagnostics play CareDx Inc. (NASDAQ:CDNA), which is expanding into liquid biopsy via Naveris Inc. ...