2016 went out like a lamb in the bio­phar­ma M&A world. Will it roar back in 2017? Plus, top 10 deals

Deal­mak­ers ev­i­dent­ly spent the fourth quar­ter of 2016 large­ly in hi­ber­na­tion as they wait­ed out a big US elec­tion cy­cle that seemed to raise more ques­tions than it an­swered.

In a look back over a rel­a­tive­ly qui­et year, EP Van­tage, the ed­i­to­r­i­al arm at Eval­u­ate, con­clud­ed that 2016 may not have end­ed any­where close to any of the records set dur­ing the boom, but I would add that the num­bers re­flect some con­sid­er­able fi­nan­cial mus­cle that could be flexed in the year to come.

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