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STAT+: Pharma goes on a spending spree, snapping up biotechs in a hurry
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STAT+: Pharma goes on a spending spree, snapping up biotechs in a hurry

STAT News · Jun 22, 2026, 8:30 AM

Why this matters: health reporting relevant to everyday decisions and well-being.

Pharmaceutical companies are hungry to make deals, and they’re making more than they have in years.&#x A0; In the past six months, there have been 32 biotech acquisitions valued at $1 billion or more. Pharmaceutical companies and even some large biotech companies have spent around $123 billion on these deals. They’ve blown past last year’s totals in roughly half the amount of time. Pharma companies struck 26 blockbuster M&A deals in 2025, spending $112 billion altogether.&#x A0;Continue to STAT+ to read the full story…

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