Today after long time got chance to read Mc Kinsey Quarterly article on Strong foundation for M&A in 2010. In this article they have mentioned that deal volume were at the least last year since year 2004 and though there were least private equity investment in year 2009 but there was no decline in corporate deals in the same year and according to me Pharma in United States had comparatively large chunk of M&A activity in 2009 as compared to year 2008.
In this report they have also mentioned that last year there were in total 5800 deals in various sectors worth $ 2.3 trillion and after United States it is Asia which has become major hub for M&A activity and I feel that China is leading in the rat race for Pharmaceutical merger and acquisitions and offshore R&D development for major pharmaceutical companies in Asia.
Click on the following link for more information:
http://www.mckinseyquarterly.com/Corporate_Finance/M_A/A_strong_foundation_for_MA_in_2010_2501
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