March 23, 2022
Life Sciences
  • The American Investment Council released a report indicating that private equity firms invested nearly $70 billion in the life sciences and medical device industries last year. Deals in both sectors reached the highest amount in a decade. Life sciences deal were worth nearly $26 million while medical devices and supplies deals were worth nearly $44 billion. American Investment Council CEO Drew Maloney attributed the increase to the COVID-19 pandemic bringing “a bigger focus on health care gaps and needs in the country.” (Article here; Press release here)