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Hot Topics > Consolidation



The pharmaceutical industry seems besieged on all sides by declining R&D productivity, expiring patents and relentless downward pricing pressure. One effect of this onslaught has been an upsurge in the level of consolidation as industry players attempt to cut costs, expand research pipelines and lengthen geographic reach.

Private equity snags another CRO, Premier Research

17-Oct-2016 - Premier Research has become the most recent contract research organization (CRO) to receive funding from private equity as the industry looks for "like-minded" partners for the long run.

Is industry consolidation stifling pharma innovation?

12-Oct-2016 - In a year of “merger mania,” researchers suggest the elimination of competition is reducing innovation in the pharmaceutical industry.

Parexel to acquire functional service provider ExecuPharm

26-Sep-2016 - Parexel has entered into a definitive agreement to acquire ExecuPharm, a global functional service provider (FSP), in a deal that it said will add scale to meet growing demand.

ICON completes ClinicalRM acquisition

19-Sep-2016 - The acquisition, which was announced in June of this year, has been completed, expanding the company’s reach into government sponsored research.

'Nontraditional' CRO services diversifying revenue streams, says analyst

25-Aug-2016 - Currently, the top ten CROs represent more than half the market, and as the industry continues to grow analysts suggest companies expand revenue streams through “nontraditional” services offerings.

Bioclinica acquired by private equity firm

22-Aug-2016 - The international private equity firm, Cinven, is set to purchase Bioclinica, marking the company’s latest in a series of purchases as industry consolidation continues.

ABC Labs unified under newly formed EAG Laboratories

13-Jul-2016 - The independent lab network has combined 11 of its brands, including ABC Laboratories, to reside under a single company in order to “leverage cross functional capabilities,” says CEO.

Charles River acquires analytical CRO

28-Jun-2016 - Charles River Laboratories has acquired Blue Stream Laboratories, expanding the company’s biologic and biosimilar development capabilities.

PCI Pharma Services' new owners focused on growth

02-Jun-2016 - Partners Group, a private markets investment manager, has agreed to acquire global pharmaceutical services provider PCI Pharma Services citing “trends towards outsourcing.”

Charles River: 2016 to be 'robust year'

11-May-2016 - After reporting a successful FY16, Charles River expects a successful new year driven by customer demand and enhanced strategic partnerships.

Aptuit bolsters its preclinical services with Exquiron acquisition

21-Apr-2016 - Aptuit has acquired Swiss CRO Exquiron Biotech, enhancing its drug identification and validation services.

ICIG completes acquisition of Sandoz site

04-Apr-2016 - International Chemical Investors Group (ICIG) has completed its acquisition of Sandoz Industrial Products GmbH from Novartis Group.

Amgen selects Patheon as a 'strategic' manufacturing partner

15-Mar-2016 - The flexible manufacturing deal with Amgen is a departure from the standard transactional contract approach, according to Patheon.

Crown Bioscience acquires PreClinOmics, adds CVMD models to portfolio

09-Mar-2016 - Crown Bioscience has announced the acquisition of PreClinOmics, an in vivo preclinical company specializing in early research in cardiovascular and metabolic diseases (CVMD).

Synexus buys US trial site network for patient access; follows recent deals by Icon, PRA and PPD

07-Mar-2016 - Synexus has bought trial site network Research Across America (RAA) in a deal it claims will give its customers access to the US market and additional study participants.

Generics consolidation continues: Mylan to acquire Meda for $9.9bn

16-Feb-2016 - The generic pharmaceuticals company, Mylan, has announced its offer to buy the Swedish specialty pharma company, Meda, in a deal valued at $9.9 bn.

Amatsigroup buys Q Biologicals in 'fragmented' EU bio-services space

27-Jan-2016 - French CDMO Amatsigroup will offer complete biologics development services and expand its European presence through the acquisition of Q Biologicals.

'Merger mania' could leave strategic CROs vulnerable in 2016, says PwC

05-Jan-2016 - Mergers among Big Pharma companies will continue into 2016 leaving strategic CRO partnerships at risk, according to a report from PwC.

Pfizer-Allergan deal: what next for contract manufacturers?

25-Nov-2015 - As CMOs wait to see the short-term fallout of the Pfizer-Allergan deal, an M&A expert says contract manufacturing will follow the CRO industry in embracing strategic alliances and consolidation....

CRL buys German mouse model CRO for €34m

24-Nov-2015 - Charles River has acquired German preclinical CRO Oncotest GmbH in a €34m ($36m) cash deal.

Recipharm reports 55% sales growth; North America next step in M&A strategy

05-Nov-2015 - Gaining a foothold in North America would complete Recipharm’s growth strategy in becoming a global CDMO leader, the firm says.

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Niche tech and biologics the new drivers for CMO consolidation, says PBOA

05-Nov-2015 - CMO consolidation strategy has shifted from building scale and adding geographies towards niche technologies and biologics, according to the founder of trade association PBOA.

'Highest ever' cancellation rate impairs Parexel's Q1 FY16 results

02-Nov-2015 - Parexel has lowered its revenue guidance for the year following cancellations worth $305m in its first quarter FY2016.

CROs engaging in a ‘war on talent’, Quintiles CEO says

30-Oct-2015 - The fight between CROs for clinical research associates (CRAs) and people with certain other skillsets is hotting up, with both Icon and Quintiles identifying it as an issue faced by...

Pfizer-Allergan megamerger report prompts speculation about fallout for CROs

29-Oct-2015 - Reports Pfizer is considering buying Allergan to create a company worth $330bn have once again raised fears of disruption for contract research organisations (CRO), although there are reasons to think...

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