Week of March 29th, 2021 | Vol. 10, Issue 13
In This Issue
Featured Headlines
Recent Industry Transactions
Industry Trading Comps
Recent Industry Headlines
Market Reports
Upcoming Events

Quick Links

Contact Information
Managing Director
Business Development

Managing Director
Head of M&A and Capital Advisory
INDUSTRY M&A SNAPSHOT

Above is an overview of recent industry M&A activity. For additional information, see the charts below or click on the chart above to download complete transaction tables broken out by industry sub sectors.

For more information about our consumer healthcare JV with The Emerson Group, Daybreak Consumer Care, click here.
MARKET REPORTS
Recent Materials Providing Insight Into Healthcare Related Industries
Current M&A Pipeline
Representative Current Retained Sell-Side And Partnering Opportunities
Project Trident
Buy-side | Generic Pharma | Manufacturing liquid generics

Project Aspen
Sell-side | CDMO | Multinational CDMO headquartered in US

Project Athena
Sell-side / Licensing | Medical Device | Novel device for pelvic organ prolapse

Project Bulldog
Sell-side | Pharma Services| Life sciences consulting firm
On a quest to turn out 2 billion doses of their COVID-19 vaccine Comirnaty this year, Pfizer and BioNTech just scored a major boost thanks to the European approval of a linchpin manufacturing plant in Germany. 

BioNTech won a thumbs up from the European Medicines Agency (EMA) to start making and supplying partners with vaccine drug product from the Marburg, Germany facility it picked up from Novartis last fall. The regulator this week cleared BioNTech to manufacture messenger RNA—the vaccine's active ingredient—there, making it one of the largest mRNA production sites globally, BioNTech said in a release.

RECENT INDUSTRY TRANSACTIONS
An Overview of Transactions Within Market Sub-segments
Below are summaries and charts with the past week's transactions from the different healthcare sectors. For a detailed table showing data for each industry transaction click on any of the charts. Total transaction values are provided in USD millions.
Pharma & Biotech
18 transactions totaling $525 million
Supplies, Equipment & Services
22 transactions totaling $515 million
Healthcare IT & Managed Care
8 transactions totaling $110 million
Healthcare Facilities & Distributors
10 transactions totaling $21 million
Pharma & Biotech
41 transactions totaling $1,793 million
Supplies, Equipment & Services
22 transactions totaling $505 million
Healthcare IT & Managed Care
14 transactions totaling $612 million
Healthcare Facilities & Distributors
4 transactions totaling $559 million
Pharma & Biotech
34 transactions totaling $2,714 million
Supplies, Equipment & Services
10 transactions totaling $3,896 million
Healthcare IT & Managed Care
1 transaction totaling $250 million
Healthcare Facilities & Distributors
4 transactions totaling $2,593 million
INDUSTRY TRADING COMPS
A Breakdown of Relevant Trading Multiples
Each week, we provide updated trading comps for leading companies from numerous healthcare sub-sectors.
To the right you will see a high-level breakdown of median revenue and EBITDA multiples for each of the specific sub sectors.

For a complete trading comp analysis (including the individual equities that comprise the sub sectors), click on the table. 

Note: data reflects prior week close.
RECENT INDUSTRY TRANSACTIONS
A Sampling of Relevant Industry Headlines from Last Week
Below are snippets from relevant industry news articles from the past week. For additional information or the article's complete text, click the headline link to view the original publication.
March 25, 2021 - Fierce Healthcare
At-home health testing startup Everlywell has acquired PWNHealth and Home Access Health and rebranded the parent company as Everly Health.
PWNHealth and Home Access Health offer self-collected lab testing services. The new company, Everly Health, will support more than 20 million people in all 50 U.S. states, Canada and Puerto Rico, according to a company statement.

March 25, 2021 - Fierce Healthcare
The startup has created a massive "healthcare map," an artificial intelligence platform that compiles de-identified healthcare data from hundreds of sources and more than 325 million individual patients. The company offers a real-time view into patient healthcare journeys to help life sciences companies and payers detect disparities in care and identify interventions, the company said.

March 25, 2021 - Fierce Healthcare
Better Health aims to crack into the $60 billion durable medical equipment market with an e-commerce platform. Its tool provides patients with personalized product recommendations as well as estimates for out-of-pocket costs and handles necessary medical and insurance paperwork.

March 22, 2021 - Fierce Pharma
WuXi Biologics marked 2020 with gung-ho expansions as the China-based CDMO looked to beef up its operations in Europe and the U.S. Now, the company is turning back to its home country with a deal for a homegrown CDMO.
Welcome to Bourne, let's talk.

Since our founding in 2001, Bourne Partners has remained focused on fulfilling the unique needs of established, middle-market healthcare and pharmaceutical companies across the globe. Our track record includes advising middle market companies in healthcare M&A assignments totaling more than $7 billion, and growing companies into successful and well-positioned pharmaceutical enterprises.