Bristol-Myers Squibb Co.’s $74bn acquisition of Celgene Corp. doesn’t necessarily portend a hectic year of biopharmaceutical M&A, according to EY Global Life Sciences Transaction Leader Peter Behner, nor does Eli Lilly & Co.’s $8bn purchase of Loxo Oncology Inc. – but weighing transformational M&A versus bolt-on deals, he predicts more of the latter.
Interviewed during the J.P. Morgan Healthcare Conference Jan. 8, where EY released its 2019 M&A Firepower Report estimating the M&A...








