Top healthcare mergers and acquisitions of 2026
Every verified merger and acquisition in the healthcare sector in this period, ranked by disclosed value. Updated every morning.
We tracked 124 deals in the healthcare sector in 2026, 99 of them with a disclosed value, worth $224.2bn in total. The largest was Boston Scientific Corporation's $14.5bn deal for Penumbra, Inc., ahead of Sun Pharmaceutical Industries Ltd and Organon & Co. at $11.8bn.
Top healthcare mergers and acquisitions of 2026
- 115 JanBoston Scientific Corporation → Penumbra, Inc.Boston Scientific agrees US$14.5bn deal for PenumbraHealthcare / Medical devicesIn review$14.5bn
- 226 AprSun Pharmaceutical Industries Ltd → Organon & Co.Sun Pharma agrees US$11.75bn takeover of OrganonHealthcare / PharmaceuticalsIn review$11.8bn
- 323 SeptMerck KGaA → Bio-TechneBio-Techne shareholders back $11.3bn sale to Merck KGaAHealthcare / Life-science toolsIn review$11.3bn
- 422 JunAbbVie Inc. → Apogee Therapeutics, Inc.AbbVie agrees US$10.9bn deal for Apogee TherapeuticsHealthcare / BiotechCompleted$10.9bn
- 59 JunGSK plc → Nuvalent, Inc.GSK agrees US$10.6bn deal for NuvalentHealthcare / BiotechCompleted$10.6bn
- 66 JulVertex Pharmaceuticals Incorporated → Crinetics Pharmaceuticals, Inc.Vertex completes US$10bn takeover of CrineticsHealthcare / BiotechCompleted$10bn
- 717 FebDanaher Corporation → Masimo CorporationDanaher agrees US$9.9bn deal for MasimoHealthcare / Medical devicesCompleted$9.9bn
- 823 FebGilead Sciences, Inc. → Arcellx, Inc.Gilead agrees US$7.8bn deal for ArcellxHealthcare / BiotechCompleted$7.8bn
- 93 AugCurium → Lantheus HoldingsCurium agrees up to US$8bn deal for LantheusHealthcare / RadiopharmaceuticalsAgreed$7.5bn
- 1025 MarMerck & Co., Inc. → Terns Pharmaceuticals, Inc.Merck agrees US$6.7bn deal for Terns PharmaceuticalsHealthcare / BiotechCompleted$6.7bn
- 1131 MarEli Lilly and Company → Centessa Pharmaceuticals plcLilly agrees up to US$7.8bn deal for CentessaHealthcare / BiotechCompleted$6.3bn
- 126 OctCD&R and McKesson → Option Care HealthCD&R and McKesson agree $5.8bn buyout of Option Care HealthHealthcareAgreed$5.8bn
- 133 AugKKR → Integer Holdings CorporationKKR agrees US$5.7bn take-private of IntegerHealthcare / Medical device manufacturingAgreed$5.7bn
- 1431 MarBiogen Inc. → Apellis Pharmaceuticals, Inc.Biogen agrees US$5.6bn deal for ApellisHealthcare / BiotechCompleted$5.6bn
- 157 MayAngelini Pharma S.p.A. → Catalyst Pharmaceuticals, Inc.Angelini Pharma agrees US$4.1bn deal for Catalyst PharmaceuticalsHealthcare / Rare disease pharmaceuticalsCompleted$4.1bn
- 162 MarWelsh, Carson, Anderson & Stowe, Robert A. Ortenzio and Martin F. Jackson → Select Medical Holdings CorporationWCAS and Select Medical founders agree $3.9bn take-privateHealthcare / Rehabilitation and critical illness recoveryCompleted$3.9bn
- 1718 FebCovetrus, Inc. → MWI Animal Health (Cencora)Covetrus agrees US$3.5bn merger with Cencora's MWI Animal HealthHealthcare / Animal health distributionIn review$3.5bn
- 1820 AprEli Lilly and Company → Kelonia Therapeutics, Inc.Lilly agrees up-to-US$7bn deal for in vivo CAR-T developer KeloniaHealthcare / BiotechCompleted$3.3bn
- 197 AprGilead Sciences, Inc. → Tubulis GmbHGilead agrees up to US$5bn deal for TubulisHealthcare / BiotechCompleted$3.2bn
- 206 MarLone Star Funds (Lone Star Fund XII) → Lonza Capsules & Health Ingredients (60%)Lone Star agrees CHF2.3bn carve-out of Lonza's capsules armHealthcare / Capsules and nutrition ingredientsAgreed$3bn
- 216 AprNeurocrine Biosciences, Inc. → Soleno Therapeutics, Inc.Neurocrine agrees US$2.9bn takeover of Soleno TherapeuticsHealthcare / BiotechCompleted$2.9bn
- 2216 JulEli Lilly and Company → AtaiBeckley Inc.Lilly completes AtaiBeckley takeover worth up to US$3.8bnHealthcare / BiotechCompleted$2.8bn
- 2316 MarAmplifon S.p.A. → GN Hearing (GN Store Nord)Amplifon agrees €2.3bn deal for GN HearingHealthcare / Hearing aidsAgreed$2.6bn
- 246 MarServier → Day One Biopharmaceuticals, Inc.Servier agrees US$2.5bn deal for Day One BiopharmaceuticalsHealthcare / BiotechCompleted$2.5bn
- 259 FebEli Lilly and Company → Orna Therapeutics, Inc.Lilly agrees up to US$2.4bn deal for Orna TherapeuticsHealthcare / BiotechCompleted$2.4bn
- 2620 SeptTelix Pharmaceuticals → ITM Isotope Technologies MunichTelix agrees up to $2.35bn deal for Munich's ITMHealthcare / RadiopharmaAgreed$2.4bn
- 2725 AugMcKesson Corporation → Precision Medicine GroupMcKesson agrees US$2.25bn deal for Precision Medicine GroupHealthcare / Clinical research servicesAgreed$2.3bn
- 2827 Julargenx SE → Forte Biosciences, Inc.argenx completes US$2.2bn Forte Biosciences acquisitionHealthcare / BiotechCompleted$2.2bn
- 2920 JanGSK plc → RAPT Therapeutics, Inc.GSK agrees US$2.2bn deal for food allergy biotech RAPTHealthcare / BiotechCompleted$2.2bn
- 3012 OctSTERIS → Xodus MedicalSTERIS agrees US$2.1bn deal for Xodus MedicalHealthcare / Medical devicesAgreed$2.1bn
- 315 OctShionogi → IntraBioShionogi to buy IntraBio for about $2bnHealthcare / PharmaAgreed$2bn
- 323 MayUCB S.A. → Candid Therapeutics, Inc.UCB agrees deal worth up to US$2.2bn for Candid TherapeuticsHealthcare / BiotechCompleted$2bn
- 3320 MarNovartis AG → Pikavation Therapeutics (Synnovation Therapeutics)Novartis agrees US$2bn deal for Synnovation's PI3Kα unitHealthcare / BiotechCompleted$2bn
- 3429 AprChiesi Farmaceutici S.p.A. → KalVista Pharmaceuticals, Inc.Chiesi agrees US$1.9bn takeover of KalVistaHealthcare / BiotechCompleted$1.9bn
- 3516 OctSamsung Biologics → PolyPeptide Group AGSamsung Biologics' PolyPeptide offer succeeds with 87.9%Healthcare / Pharma CDMOAgreed$1.8bn
- 3623 MarGilead Sciences, Inc. → Ouro MedicinesGilead agrees US$1.7bn deal for Ouro MedicinesHealthcare / BiotechCompleted$1.7bn
- 378 OctViatris → Pacira BioSciencesViatris agrees $1.65bn cash deal for Pacira BioSciencesHealthcareAgreed$1.7bn
- 381 JunServier → Edgewise Therapeutics' muscular dystrophy business (sevasemten)Servier agrees up to US$2.65bn deal for Edgewise's sevasemtenHealthcare / BiotechCompleted$1.6bn
- 3914 OctGalderma → ZO Skin HealthGalderma agrees $1.5bn deal for Blackstone-backed ZO Skin HealthHealthcare / DermatologyAgreed$1.5bn
- 4022 JulRepligen Corporation → BioLife Solutions, Inc.Repligen completes US$1.5bn BioLife Solutions acquisitionHealthcare / Life science toolsCompleted$1.5bn
- 4120 JulTempus AI, Inc. → Personalis, Inc.Tempus agrees US$1.5bn deal for PersonalisHealthcare / DiagnosticsAgreed$1.5bn
- 4218 MayBoston Scientific Corporation → MiRus LLC (c.34% stake, with option on TAVR business)Boston Scientific invests US$1.5bn in MiRus with TAVR buyout optionHealthcare / Medical devicesCompleted$1.5bn
- 436 AugKKR → Medicover Hospitals IndiaKKR agrees €1.2bn deal for Medicover's Indian hospitalsHealthcare / HospitalsAgreed$1.4bn
- 449 OctToho Holdings → PHC HoldingsToho walks away from US$1.3bn PHC takeoverHealthcare / Medical devices and diagnosticsTerminated$1.3bn
- 4514 AprAmerican Industrial Partners → Avanos Medical, Inc.American Industrial Partners agrees US$1.27bn take-private of Avanos MedicalHealthcare / Medical devicesCompleted$1.3bn
- 468 JunIncyte Corporation → Vega Therapeutics, Inc. (subsidiary of Star Therapeutics)Incyte agrees up to US$2bn deal for Vega TherapeuticsHealthcare / BiotechCompleted$1.3bn
- 479 JunNovanta Inc. → Riverpoint MedicalNovanta agrees US$1.45bn deal for Riverpoint MedicalHealthcare / Medical devicesCompleted$1.2bn
- 487 JanEli Lilly and Company → Ventyx Biosciences, Inc.Lilly agrees US$1.2bn deal for Ventyx BiosciencesHealthcare / BiotechCompleted$1.2bn
- 4910 AugTeledyne Technologies → Varex ImagingTeledyne agrees US$1.1bn deal for Varex ImagingHealthcare / Medical imaging componentsAgreed$1.1bn
- 506 JulNovartis AG → Myricx BioNovartis buys Myricx Bio for up to US$1.5bnHealthcare / BiotechCompleted$1.1bn
- 5123 FebKinderhook Industries → Enhabit, Inc.Kinderhook agrees $1.1bn take-private of EnhabitHealthcare / Home health and hospiceCompleted$1.1bn
- 5227 AprAstorg (Astorg VIII) → Thermo Fisher Scientific microbiology business (Oxoid and Remel)Astorg buys Thermo Fisher's microbiology business for US$1.075bnHealthcare / DiagnosticsCompleted$1.1bn
- 538 JunJohnson & Johnson → Firefly Bio, Inc.Johnson & Johnson agrees US$1bn deal for Firefly BioHealthcare / BiotechCompleted$1bn
- 541 MayArchiMed → Esperion Therapeutics, Inc.ArchiMed agrees up to US$1.1bn take-private of EsperionHealthcare / PharmaceuticalsCompleted$1bn
- 559 MarAgilent Technologies Inc. → Biocare MedicalAgilent agrees US$950m deal for Biocare MedicalHealthcare / DiagnosticsCompleted$950m
- 5625 FebGSK plc → 35Pharma Inc.GSK agrees US$950m deal for 35PharmaHealthcare / BiotechCompleted$950m
- 5726 FebAsahi Kasei Corporation → AiCuris Anti-infective Cures AGAsahi Kasei agrees €780m deal for AiCurisHealthcare / BiotechCompleted$920m
- 5829 AprTeva Pharmaceutical Industries Ltd → Emalex BiosciencesTeva agrees up-to-US$900m deal for Tourette drug developer EmalexHealthcare / BiotechCompleted$900m
- 5925 JunH.B. Fuller Company → Advanced Medical Solutions Group plcH.B. Fuller agrees £659m takeover of Advanced Medical SolutionsHealthcare / Medical devicesAgreed$867m
- 606 JanAmgen Inc. → Dark Blue TherapeuticsAmgen buys UK protein-degrader biotech Dark Blue for up to $840mHealthcare / BiotechCompleted$840m
- 619 MarUniversal Health Services, Inc. → Talkspace, Inc.UHS agrees US$835m deal for TalkspaceHealthcare / Behavioural healthCompleted$835m
- 6210 AugJazz Pharmaceuticals plc → Actio BiosciencesJazz agrees US$820m deal for Actio BiosciencesHealthcare / BiotechAgreed$820m
- 637 MayRoche Holding AG → PathAI, Inc.Roche agrees deal worth up to US$1.05bn for PathAIHealthcare / Digital pathologyAgreed$750m
- 6422 AprAmneal Pharmaceuticals, Inc. → Kashiv BioSciences, LLCAmneal agrees up-to-US$1.1bn deal for biosimilars maker KashivHealthcare / BiosimilarsCompleted$750m
- 6527 AprLigand Pharmaceuticals Incorporated → XOMA Royalty CorporationLigand agrees US$739m takeover of XOMA RoyaltyHealthcare / Biopharma royaltiesCompleted$739m
- 6615 OctLabcorp Holdings Inc. → BioReference Health (select assets, from OPKO Health)Labcorp agrees to buy BioReference testing assets for up to US$872mHealthcare / DiagnosticsAgreed$722m
- 6727 MarOtsuka Pharmaceutical Co., Ltd. → Transcend Therapeutics, Inc.Otsuka agrees deal worth up to US$1.2bn for Transcend TherapeuticsHealthcare / BiotechCompleted$700m
- 6820 MayMedtronic plc → SPR Therapeutics, Inc.Medtronic agrees US$650m deal for SPR TherapeuticsHealthcare / Medical devicesCompleted$650m
- 6917 AprUCB SA → Neurona Therapeutics Inc.UCB agrees up-to-US$1.15bn deal for epilepsy cell therapy developer NeuronaHealthcare / BiotechCompleted$650m
- 7019 MarCollegium Pharmaceutical, Inc. → AZSTARYS (Corium Therapeutics)Collegium agrees US$650m deal for ADHD drug AZSTARYSHealthcare / PharmaceuticalsCompleted$650m
- 716 AugTarsus Pharmaceuticals → Alkeus PharmaceuticalsTarsus agrees US$450m deal for AlkeusHealthcare / BiotechCompleted$450m
- 7229 JunIpsen S.A. → Kartos Therapeutics, Inc.Ipsen agrees up to US$1.75bn deal for Kartos TherapeuticsHealthcare / BiotechCompleted$450m
- 7312 JanSmith & Nephew plc → Integrity Orthopaedics, Inc.Smith+Nephew agrees up to US$450m deal for Integrity OrthopaedicsHealthcare / Medical devicesCompleted$450m
- 746 MayKnox Lane → Cross Country Healthcare, Inc.Knox Lane takes Cross Country Healthcare private for US$437mHealthcare / StaffingCompleted$437m
- 7516 JunAltaris → Simulations Plus, Inc.Altaris to take Simulations Plus private for US$375mHealthcare / Drug development softwareAgreed$375m
- 7613 FebTakara Holdings Inc. → Takara Bio Inc.Takara Holdings bids ¥54bn to take Takara Bio privateHealthcare / Life science toolsCompleted$353m
- 7729 JulMiMedx Group, Inc. → Sanara MedTech Inc.MiMedx agrees US$350m deal for Sanara MedTechHealthcare / Medical devicesAgreed$350m
- 7813 AprRevenio Group Oyj → Visionix (LT International SAS)Revenio agrees €290m deal for VisionixHealthcare / Ophthalmic diagnosticsCompleted$339m
- 796 MayZakłady Farmaceutyczne Polpharma S.A. → Biofarm S.A.Polpharma agrees €270m takeover of Romania's BiofarmHealthcare / Generic pharmaceuticalsCompleted$320m
- 8016 AprCharterhouse Capital Partners (CCP Paw 2) → Animalcare Group plcCharterhouse agrees £235m take-private of veterinary group AnimalcareHealthcare / Veterinary pharmaceuticalsCompleted$320m
- 816 MayBayer AG → Perfuse Therapeutics, Inc.Bayer agrees deal worth up to US$2.45bn for Perfuse TherapeuticsHealthcare / BiotechCompleted$300m
- 822 MarGyre Therapeutics, Inc. → Cullgen Inc.Gyre agrees US$300m all-stock deal for CullgenHealthcare / BiotechCompleted$300m
- 836 AugiRhythm Holdings → VitalConnectiRhythm agrees US$288m deal for VitalConnectHealthcare / Medical devicesCompleted$288m
- 8428 JanSword Health → Kaia HealthSword Health buys Munich's Kaia Health for $285mHealthcare / Digital therapeuticsCompleted$285m
- 855 JunGNI Group → Ayumi Pharmaceutical HoldingsGNI Group buys Ayumi Pharmaceutical from Blackstone for ¥44.8bnHealthcare / PharmaceuticalsCompleted$280m
- 8618 AugBioMarin Pharmaceutical Inc. → Alesta TherapeuticsBioMarin agrees US$275m upfront deal for Alesta TherapeuticsHealthcare / BiotechCompleted$275m
- 8726 MayOlympus Corporation → BioProtect Ltd.Olympus pays US$270m for Israel's BioProtectHealthcare / Medical devicesCompleted$270m
- 8814 AprEverstone Capital → Apothecon Group (Apothecon Pharmaceuticals and Navinta)Everstone invests US$270m in Indian generics maker ApotheconHealthcare / Generic pharmaceuticalsAgreed$270m
- 892 MarRadNet, Inc. → Gleamer SASRadNet buys Gleamer for up to €230mHealthcare / Radiology AICompleted$269m
- 9013 OctAgilent Technologies → ProsciaAgilent agrees to buy digital pathology firm Proscia for up to US$270mHealthcare / Digital pathology softwareAgreed$240m
- 915 AugNippon Investment Company (NIC Fund, via SK-03) → CE Holdings Co., Ltd.NIC fund launches ¥26.2bn take-private of CE HoldingsHealthcare / Medical information systemsAgreed$170m
- 9216 FebOptima Health plc → PAM Healthcare LimitedOptima Health agrees £100m deal for PAM HealthcareHealthcare / Occupational healthCompleted$136m
- 937 MayArtivion, Inc. → Endospan Ltd.Artivion exercises option to buy Endospan after NEXUS approvalHealthcare / Medical devicesCompleted$135m
- 9418 FebOrganigram Global Inc. → Sanity Group GmbHOrganigram agrees €113m deal for Sanity GroupHealthcare / Medical cannabisCompleted$134m
- 9513 FebAlkem Laboratories Ltd (Alkem MedTech) → Occlutech Holding AG (majority stake)Alkem buys majority of Swiss heart-implant maker Occlutech for €99.4mHealthcare / Medical devicesCompleted$118m
- 9615 OctMankind Pharma Limited (via Mankind Pharma (Netherlands) B.V.) → Armed Cell Therapeutics B.V. (ACTx) – 70% stakeMankind Pharma takes 70% of Belgian CAR-T developer ACTx for €48mHealthcare / BiotechAgreed$56m
- 9718 FebDr. Reddy's Laboratories Ltd → Progynova and Cyclo-Progynova India brands (Mercury Pharma Group)Dr. Reddy's enters hormone therapy with $32m Progynova purchaseHealthcare / PharmaceuticalsCompleted$32m
- 9817 AugManipal Health Enterprises Limited → Kinder Women's Hospital and Fertility Centre, Bengaluru (business of Kindorama Healthcare)Manipal Health agrees INR 1.3bn deal for Kinder Women's HospitalHealthcare / HospitalsAgreed$14m
- 9917 MarStrides Pharma Science Limited (via Strides Pharma International AG) → Sandoz branded generics portfolio in Sub-Saharan AfricaStrides buys Sandoz branded generics in Sub-Saharan AfricaHealthcare / Generic pharmaceuticalsAgreed$12m
- 10016 OctParkview Health → Ovation HealthcareParkview Health agrees to acquire Ovation HealthcareHealthcare / Hospital servicesAgreedUndisclosed
- 1019 OctMidea Group → EsaoteMidea completes takeover of Italian imaging group EsaoteHealthcare / Medical imagingCompletedUndisclosed
- 1027 OctRespighi BidCo (CVC, GBL) → RecordatiCVC and GBL raise Recordati bid to final €53 a shareHealthcareIn reviewUndisclosed
- 1031 OctFresenius → mAbxience (remaining 45%)Fresenius takes full control of mAbxience for up to EUR750mHealthcare / BiosimilarsCompletedUndisclosed
- 10417 SeptEB Development → Eurobio ScientificEurobio Scientific's owner moves to delist at €25.30 a shareHealthcareAnnouncedUndisclosed
- 10531 AugEli Lilly and Company → Merida BiosciencesLilly agrees up to US$2.9bn deal for Merida BiosciencesHealthcare / BiotechAgreedUndisclosed
- 10618 AugMedbase Group → Ardentis (majority stake)Medbase takes control of ArdentisHealthcare / Dental clinicsCompletedUndisclosed
- 10711 AugAlfasigma S.p.A. → Nordic Group B.V. (Nordic Pharma)Alfasigma agrees to buy Nordic PharmaHealthcare / Specialty pharmaAgreedUndisclosed
- 10820 JulDubai Investments PJSC → Clemenceau Medical Center Dubai (80%)Dubai Investments takes full ownership of Clemenceau Medical Center DubaiHealthcare / HospitalsCompletedUndisclosed
- 10913 JulWarburg Pincus-led investor group → PANTHERx RareWarburg Pincus-led group agrees to buy control of PANTHERx RareHealthcare / Specialty pharmacyAgreedUndisclosed
- 1107 JulEQT (EQT X) → Corza Biosurgery (TachoSil)EQT agrees to buy TachoSil business from Corza MedicalHealthcare / Surgical biologicsAgreedUndisclosed
- 11125 JunAdvent International → Japan Wellbeing Corp.Advent buys Japan Wellbeing from MBK in first Japan dealHealthcare / Elderly careAgreedUndisclosed
- 11217 JunBiogen Inc. → RayThera Inc.Biogen agrees up to US$1bn deal for RayTheraHealthcare / BiotechCompletedUndisclosed
- 11310 JunAster DM Healthcare (GCC) → ProCare HospitalAster DM Healthcare takes control of Saudi Arabia's ProCare HospitalHealthcare / HospitalsCompletedUndisclosed
- 11426 MayEli Lilly and Company → Curevo, Inc.Lilly agrees deal worth up to US$1.5bn for shingles vaccine maker CurevoHealthcare / VaccinesAgreedUndisclosed
- 11526 MayEli Lilly and Company → LimmaTech Biologics AGLilly agrees up-to-US$780m deal for Swiss vaccine maker LimmaTechHealthcare / VaccinesAgreedUndisclosed
- 11626 MayStonepeak-led consortium (with Axight Capital) → Estia HealthStonepeak consortium agrees to buy Estia Health from BainHealthcare / Aged careAgreedUndisclosed
- 11718 MayMehiläinen Group → Aleris GroupMehiläinen agrees to buy Aleris from TritonHealthcare / Specialist care providersAgreedUndisclosed
- 11827 AprEli Lilly and Company → Ajax Therapeutics, Inc.Lilly agrees up-to-US$2.3bn deal for JAK2 specialist AjaxHealthcare / BiotechCompletedUndisclosed
- 11924 AprJohnson & Johnson → Atraverse Medical, Inc.J&J agrees to buy left-heart access specialist Atraverse MedicalHealthcare / Medical devicesCompletedUndisclosed
- 12023 AprInventurus Knowledge Solutions (IKS Health) → TruBridge, Inc.IKS Health agrees to buy rural hospital software provider TruBridgeHealthcare / Health ITCompletedUndisclosed
- 12127 MarNovartis AG → Excellergy, Inc.Novartis agrees deal worth up to US$2bn for ExcellergyHealthcare / BiotechCompletedUndisclosed
- 12223 JanNissha Co., Ltd. → USM Healthcare Medical Devices Factory JSCNissha agrees to buy control of Vietnam's USM HealthcareHealthcare / Medical devicesCompletedUndisclosed
- 12314 JanEQT X fund → Oxford Biomedica plcEQT abandons pursuit of Oxford BiomedicaHealthcare / Cell and gene therapy manufacturingTerminatedUndisclosed
- 12412 JanBoston Scientific Corporation → Valencia Technologies CorporationBoston Scientific agrees to buy eCoin maker Valencia TechnologiesHealthcare / Medical devicesCompletedUndisclosed