Top healthcare mergers and acquisitions in February 2026
Every verified merger and acquisition in the healthcare sector in this period, ranked by disclosed value. Updated every morning.
We tracked 12 deals in the healthcare sector in February 2026, 12 of them with a disclosed value, worth $27.3bn in total. The largest was Danaher Corporation's $9.9bn deal for Masimo Corporation, ahead of Gilead Sciences, Inc. and Arcellx, Inc. at $7.8bn.
Top healthcare mergers and acquisitions in February 2026
- 117 FebDanaher Corporation → Masimo CorporationDanaher agrees US$9.9bn deal for MasimoHealthcare / Medical devicesCompleted$9.9bn
- 223 FebGilead Sciences, Inc. → Arcellx, Inc.Gilead agrees US$7.8bn deal for ArcellxHealthcare / BiotechCompleted$7.8bn
- 318 FebCovetrus, Inc. → MWI Animal Health (Cencora)Covetrus agrees US$3.5bn merger with Cencora's MWI Animal HealthHealthcare / Animal health distributionIn review$3.5bn
- 49 FebEli Lilly and Company → Orna Therapeutics, Inc.Lilly agrees up to US$2.4bn deal for Orna TherapeuticsHealthcare / BiotechCompleted$2.4bn
- 523 FebKinderhook Industries → Enhabit, Inc.Kinderhook agrees $1.1bn take-private of EnhabitHealthcare / Home health and hospiceCompleted$1.1bn
- 625 FebGSK plc → 35Pharma Inc.GSK agrees US$950m deal for 35PharmaHealthcare / BiotechCompleted$950m
- 726 FebAsahi Kasei Corporation → AiCuris Anti-infective Cures AGAsahi Kasei agrees €780m deal for AiCurisHealthcare / BiotechCompleted$920m
- 813 FebTakara Holdings Inc. → Takara Bio Inc.Takara Holdings bids ¥54bn to take Takara Bio privateHealthcare / Life science toolsCompleted$353m
- 916 FebOptima Health plc → PAM Healthcare LimitedOptima Health agrees £100m deal for PAM HealthcareHealthcare / Occupational healthCompleted$136m
- 1018 FebOrganigram Global Inc. → Sanity Group GmbHOrganigram agrees €113m deal for Sanity GroupHealthcare / Medical cannabisCompleted$134m
- 1113 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
- 1218 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