Albert Bourla (Photo by JOHN THYS/POOL/AFP via Getty Images)

Big Phar­ma CEOs as­sess the BD land­scape in biotech: Al­bert Bourla is stay­ing fo­cused on 2025-2030

One of the big ques­tions for 2022 is whether or not we’ll see move­ment on the BD front to­ward more deals and ac­qui­si­tions af­ter a mut­ed start to the year in M&A. Biotech in­vestors would love to see a few sig­nif­i­cant buy­outs come across to help en­cour­age the be­lea­guered sec­tor, but Big Phar­ma has failed to re­spond be­yond a few se­lect prod­uct deals.

The pri­ma­ry dri­ver here is the need to add sig­nif­i­cant new pro­grams that can lead to im­por­tant ap­provals in the 2025 to 2030 pe­ri­od. But with the IPO mar­ket flat­tened and a host of pub­lic biotechs strug­gling, will Big Phar­ma see greater op­por­tu­ni­ties to spread the hun­dreds of bil­lions of dol­lars an­a­lysts have tracked in their cash caches?

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