Health Sector M&A Tracker / biopharma · medtech · tools & dx · services

Global deals $500M+, January 2025 – July 2026. Research tool — not investment advice.
SEED DATA AS OF
QUOTES idle ·

Monthly deal value

USD billions · stacked by sector
Biopharma Medtech Tools & Dx Services & Digital

Sector share

of tracked deal value

Largest deals in window

What is driving this

Announced Acquirer Target Value TypeSector SubsectorAsset / focus StatusSource

Incoming deals

DetectedAcquirerTarget Value SectorAsset / focusConfidenceSource

Spend by acquirer

disclosed deal value in window

Modality bought

by deal value

Therapeutic area / subsector

by deal value

Deal structure

how buyers are paying

Target geography

The recurring target profile

Acquirers

public companies doing the buying
CompanyTickerSector Where they're buying DealsSpend PriceChg

Targets still trading

deal announced, not yet closed — ticker remains live
CompanyTickerAcquirerDeal value StatusPriceChg

Named takeover candidates

third-party views, attributed — not our assessment
CompanyTickerSubsector Who said it PriceChg

Sector benchmarks

FundTickerExchangeNote PriceChg

What is in here

What is deliberately excluded

Deals under $500M. Big pharma does a large volume of small tuck-ins; including them would triple the row count and barely move the totals. Their absence means these numbers are a floor, not a full market count.

Pure licensing and option deals with no change of equity ownership. A large share of 2026 activity — particularly China-origin assets — is structured this way, so the licensing wave is real but is not counted here.

Venture financing and IPOs. Different phenomenon.

Undisclosed-value deals appear in tables where structurally significant (large nonprofit hospital combinations, the one antitrust block) but never contribute to any total.

Rows with conflicting or approximate reporting

flagged rather than silently resolved
DealDateFlagSource

Where the data comes from

Reconciling against published aggregates