Healthcare merger and acquisition activity showed no signs of slowing down in the first half of 2016, according to a report from investment bank Berkery Noyes.
Here are four report findings.
1. Compared to the second half of 2015, total deal volume in the first half of 2016 increased by three percent, from 223 to 230.
2. Total deal value in the first half of 2016 rose by 72 percent compared to the second half of 2015, from $10.44 billion to $17.96 billion.
3. The largest deal in the first half of 2016 was global IT services company IMS Health's announced merger with biopharmaceutical research firm Quintiles Transnational Holdings, for $8.75 billion.
4. IMS Health was also the industry's most active acquirer during the first half of 2016 with four transactions, consisting of Quintiles Transnational, Canadian-based Privacy Analytics, Dubai-based Dimensions Healthcare and consumer health research and analytics firm AlphaImpactRx.