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11 Dec 2025|United States|Pharmaceuticals
Applied Therapeutics
Cycle Pharmaceuticals

Target: APPLIED THERAPEUTICS INC

Bidder: CYCLE PHARMACEUTICALS LTD

5 Service Providers

3 Target | 2 Bidder

15 Dealmakers

14 Target | 1 Bidder

n/a

Value

09 Dec 2025|United Kingdom|Biotechnology
Relation Therapeutics
Novartis

Target: RELATION THERAPEUTICS LTD

Bidder: NOVARTIS AG

3 Service Providers

2 Target | 1 Bidder

3 Dealmakers

2 Target | 1 Bidder

£ 41 M

Value

09 Dec 2025|Austria|Pharmaceuticals
Canadelaar
Cronos Group

Target: CANADELAAR BV

Bidder: CRONOS GROUP INC

1 Service Providers

1 Bidder

4 Dealmakers

4 Bidder

£ 50 M

Value

08 Dec 2025|Switzerland|Pharmaceuticals
GALDERMA
L'oreal

Target: GALDERMA

Bidder: L'OREAL SA

6 Service Providers

1 Target | 2 Bidder | 3 Vendor

16 Dealmakers

5 Target | 9 Bidder | 2 Vendor

n/a

Value

08 Dec 2025|United States|Pharmaceuticals
Stellus Rx
Windrose Health Investors

Target: STELLUS RX

Bidder: WINDROSE HEALTH INVESTORS LLC

7 Service Providers

3 Target | 4 Bidder

3 Dealmakers

1 Target | 2 Bidder

n/a

Value

08 Dec 2025|India|Pharmaceuticals
La Renon Healthcare Pvt
Whiteoak Capital Management

Target: LA RENON HEALTHCARE PVT LTD

Bidder: WHITEOAK CAPITAL MANAGEMENT

8 Service Providers

3 Target | 5 Bidder

31 Dealmakers

16 Target | 15 Bidder

n/a

Value

06 Dec 2025|India|Pharmaceuticals
Biocon Biologics
Biocon

Target: BIOCON BIOLOGICS LTD

Bidder: BIOCON LIMITED

6 Service Providers

1 Target | 5 Bidder

2 Dealmakers

1 Target | 1 Bidder

£ 4.73 B

Value

24 Nov 2025|Switzerland|Pharmaceuticals
MICRO-MACINAZIONE
Schedio Group

Target: MICRO-MACINAZIONE

Bidder: SCHEDIO GROUP

4 Service Providers

1 Target | 2 Bidder | 1 Vendor

5 Dealmakers

1 Target | 3 Bidder | 1 Vendor

n/a

Value

20 Nov 2025|United States|Pharmaceuticals
Care Fusion Rx
Shore Capital Partners

Target: CARE FUSION RX

Bidder: SHORE CAPITAL PARTNERS

13 Service Providers

3 Target | 10 Bidder

4 Dealmakers

1 Target | 3 Bidder

n/a

Value

18 Nov 2025|Netherlands|Pharmaceuticals
Avanzanite Bioscience
Mvm Partners

Target: AVANZANITE BIOSCIENCE BV

Bidder: MVM PARTNERS LLP

2 Service Providers

1 Target | 1 Bidder

2 Dealmakers

1 Target | 1 Bidder

£ 28 M

Value

18 Nov 2025|United States|Pharmaceuticals
Melt Pharmaceuticals
Harrow

Target: MELT PHARMACEUTICALS INC

Bidder: HARROW INC

2 Service Providers

1 Target | 1 Bidder

4 Dealmakers

1 Target | 3 Bidder

n/a

Value

17 Nov 2025|United States|Pharmaceuticals
Sebela (bowel Prep Franchise)
Azurity Pharmaceuticals

Target: SEBELA (BOWEL PREP FRANCHISE)

Bidder: AZURITY PHARMACEUTICALS

6 Service Providers

3 Bidder | 3 Vendor

3 Dealmakers

2 Bidder | 1 Vendor

n/a

Value

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