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$14 Billion Of Device M&A Activity In Q3, More On The Way

Propelled by the completion of two large acquisitions, the previous quarter was a strong one for device industry M&A activity, and indicators suggest the deal making will continue, PricewaterhouseCoopers says.

Device companies completed 13 deals totaling more than $14 billion in the third quarter, dwarfing other life science sectors, such as the pharmaceutical industry, whose deals in the quarter were worth about $3 billion, according to PricewaterhouseCoopers.

The total Q3 device M&A spending was driven by the $4 billion acquisition of Gambro AB by Baxter International Inc. (See Also see "Baxter Buys Gambro For...

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