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DEALS & FUNDINGApril 8, 2026·5 min read

Biopharma M&A on Pace for $172B Record Year After Seven $1B+ Deals in 12 Days

A March 2026 surge saw seven billion-dollar-plus acquisitions in under two weeks, from Gilead-Tubulis to Biogen-Apellis. Analysts project total 2026 deal volume could reach $172B, surpassing the $111B spent across 32 deals in 2025.

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