Monday, June 26, 2023: M&A

by | Jun 26, 2023 | M&A, Tea Leaves

Digital health company Babylon Health finalized plans to go private and will combine with digital therapeutics company MindMaze. The combination of Babylon Health and MindMaze will form a “powerful digital-first global AI-driven health care business that will...

Wednesday, June 21, 2023: M&A

by | Jun 21, 2023 | M&A, Tea Leaves

Eli Lilly announced Tuesday that it has entered into a deal to acquire Dice Therapeutics for $2.4 billion, a move that will bulk up its treatment portfolio for immune-related diseases. Dice is a biopharmaceutical company that uses a proprietary technology platform to...

Monday, June 12, 2023: M&A

by | Jun 12, 2023 | M&A, Tea Leaves

Walgreens Boots Alliance sold its remaining stake in post-acute care and infusion services company Option Care Health for $330 million. The drugstore chain announced Thursday it sold 10.8 million shares of Option Care Health and plans to use the proceeds primarily for...

Monday, June 5, 2023: M&A

by | Jun 5, 2023 | M&A, Tea Leaves

BJC HealthCare of St. Louis and Saint Luke’s Health System of Kansas City said that they are exploring a merger that could create a 28-hospital academic health system valued at around $10 billion. The combined company wouldn’t have geographic overlap,...

Tuesday, May 16, 2023: M&A

by | May 16, 2023 | M&A, Tea Leaves

The U.S. Federal Trade Commission is expected to file a lawsuit as early as Tuesday to block Amgen Inc’s $27.8 billion deal to buy Horizon Therapeutics PLC. Amgen struck a deal last year to buy Horizon to strengthen its rare diseases drugs portfolio. The company...

Tuesday, May 2, 2023: M&A

by | May 2, 2023 | M&A, Tea Leaves

CommonSpirit Health finalized its acquisition of Steward Health Care’s Utah locations, the health systems said Monday. The deal,announced earlier this year, includes more than 35 clinics, imaging and urgent care centers, and five hospitals....