RE: 1mln delayed buy14 Jan 2025 11:34
BasilAlderman
Posted in: PYC
Posts: 1,377
Price: 0.90
No Opinion
RE: REACH RNS out8 Jan 2025 09:49
Yes and a pertinent reminder of my post from 12.12.24 about the PWC report that Iano has reposted recently too. i.e. our MCAP is peanuts for what is evolving here. More like £200 Million for starters in our space. A recap on why PYC is so under valued:
1. Dealmakers in pharmaceuticals and life sciences and in healthcare services are eager to get deals done.
2. Competition for truly innovative assets remains intense.
3. Large pharmaceutical companies will continue to pursue biotech targets and products that can offset revenue declines from lost exclusivity in the coming years.
4. Companies seeking opportunities to digitalise through implementation of analytics technology, digital direct-to-consumer therapeutics offerings, smart health devices and other software innovations will continue to acquire or partner with data and analytics and other technology companies that can deliver these digital solutions.
For example:
5. Merck: Acquired Harpoon Therapeutics for an estimated $680 million
6. Novartis: Acquired Calypso Biotech for $250 million
7. Aditxt: Acquired Evofem Biosciences for $100 million
8. There were 420 M&A deals in our sector globally in Q3 2024, worth a total value of $32.4bn. Source: GlobalData’s Deals Database.
9. The $3.2bn acquisition of Morphic Holdings by Eli Lilly and Co was the industry’s largest disclosed deal in Q3 2024.
10. Interestingly for PYC investors AI / State of the art virtual technology accounted for 11 pharmaceutical deals announced in Q3 2024, worth a total value of $1.7bn. The $1.1bn acquisition of Integrated Oncology Network by Cardinal Health was the industry’s largest disclosed deal.
https://www.pwc.com/gx/en/services/deals/trends/health-industries.html