Life Sciences M&A
At the center of innovation, advising on the industry’s defining transactions
The life sciences M&A market continues to be reshaped by scientific breakthroughs, capital cycles, and intense competition for differentiated platforms.
These transactions are not simply financial events. They are strategic inflection points that define pipelines, platforms, and long-term value creation.
Goodwin sits at the center of this market.
Transformative life sciences deals involve heightened global regulatory, significant governance considerations and antitrust scrutiny, including increasingly complex merger control risk - where FDA pathways, labeling and exclusivity risks, IP freedom-to-operate and licensing terms, and competitive-entry dynamics can drive valuation, structure, and timing. Goodwin’s life sciences M&A team sits close to innovation and is often engaged early to help boards, management teams, and investors shape strategy, evaluate alternatives, and position assets for maximum value, bringing integrated regulatory, IP, and antitrust insight to diligence, deal structuring (including CVRs tied to clinical and regulatory milestones), negotiation strategy, and smart risk allocation to deliver execution certainty. Our life sciences antitrust team works in lockstep with deal counsel to assess competitive risk early, navigate multi-jurisdictional merger control, and help shape transaction strategy to preserve value and execution certainty.
These transactions reflect a clear market reality: strategic buyers competing for next-generation innovation, and companies increasingly using M&A as a core tool for value creation and liquidity.
Featured deals
Contacts
- Stuart M. Cable

Stuart M. Cable
Vice Chair & Global Head of M&A - Robert Masella

Robert Masella
PartnerCo-Chair, Public M&A, Life Sciences M&A - Danielle M. Lauzon

Danielle M. Lauzon
PartnerCo-Chair, Life Sciences M&A, Boston Business Law Leader - Graham Defries

Graham Defries
PartnerCo-Chair, Life Sciences M&A - Lisa R. Haddad

Lisa R. Haddad
Partner - Blake Liggio

Blake Liggio
Partner
Featured Content
Antitrust and Competition Life Sciences Year in Review 2025
After four years of unpredictably aggressive—and often controversial—merger review, the expectations were that under the new leadership, the Federal Trade Commission (FTC)’s review of life sciences transactions would return to well-established principles of antitrust analysis. Those expectations have been met so far. With the notable exception of the FTC’s involvement in the bidding war between Pfizer and Novo for Metsera, the agency’s activity in life sciences has been rigorous but consistent with decades of antitrust enforcement precedent.
The New Playbook for Competitive Life Sciences M&A — How Buyers Can Differentiate Beyond Price Through Structure and Strategy
The life sciences M&A market is reemerging in 2026 as a competitive arena for strategic buyers, after several years of subdued activity. Large pharmaceutical and biotech buyers are pursuing strategic, de-risked assets to fill pipeline gaps and offset looming patent expirations, while interest from private equity and growth-oriented strategics is rising as confidence in asset valuations and the capital markets begins to increase.
