Table 1 Top mergers and acquisitions with value over US$5 billion in 2014

From: Biopharma deal-making in 2014: a record year for M&A value

Month

Acquirer

Target

Deal value in US$ billions

November

Actavis

Allergan

66

February

Actavis

Forest Labatories

28

April

Novartis

GlaxoSmithKline's oncology business

16 (14.5 upfront and 1.5 in developmental milestones)

May

Bayer

Merck & Co.'s consumer business

14.2

December

Merck

Cubist Pharmaceuticals

9.5

February

McKesson

Celesio

8.5

August

Roche

InterMune

8.3

April

GlaxoSmithKline

Novartis' vaccine business

7.1 (5.25 upfront and 1.8 earnout)

November

LabCorp

Covance

6.1

July

Mylan

Abbott's branded generics for developed markets

5.3

  1. Source: Medtrack.
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