Resilience & Innovation: Goodwin Life Sciences in 2024

The life sciences industry showed strong resilience in 2024, marked by increased IPO and M&A activity as big pharma sought to expand pipelines amid favorable valuations.

Life Sciences Year in Review 2024

Goodwin's global and fully integrated life sciences practice guided clients through transformative transactions, strategic partnerships, and innovative deals at every stage of their life cycle. This Year in Review celebrates our clients’ creativity and accomplishments, as well as our collaboration with industry leaders who continue to push the boundaries of science and medicine. Looking ahead, we remain steadfast in our commitment to guiding and supporting our clients as they chart new paths in the evolving life sciences landscape in 2025.

By The Numbers

230+
Financing (VC) Transactions for $14 Billion+
55+
M&A Transactions for $35 Billion+
75+
Equity Offerings (including initial public offerings and follow-on offerings) for $11 Billion+ (Representation of both issuers and underwriters)
60+
Collaboration Transactions for Over $14 Billion+
50+
Commercial Stage Clients on IP Due Diligence and Patent Strategy
200+
Clinical Stage Clients on IP Due Diligence and Patent Strategy

Our Global Recognition

Chambers USA
2024 Ranked Band 1 in Nationwide: Life Sciences
Chambers Global
Recognized UK and US teams in Life Sciences & Pharmaceutical Sector (International & Cross-Border)
Chambers UK
2025 Ranked as a leading law firm in the UK-Wide Life Sciences: Transactional
Chambers Top Ranked Europe 2024
Recognized France team in Pharma/Life Sciences
Chambers Top Ranked Europe 2024
Ranked Band 4 in Pharma/Life Sciences
Chambers Ranked In Greater China Region 2025
Recognized Asia practice for their market-leading work in Life Sciences
LMG Life Sciences

Recognized by Shortlists for “Firm of the Year”
Corporate, Licensing & Collaboration, M&A, Venture Capital, Antitrust, Government Investigations, FDA Litigation & Enforcement, Regulatory, Life Cycle (US) Hatch-Waxman Litigation (Generic), Inter-Partes Review Intellectual Property

LMG Life Sciences

Honored by Americas Awards with “Life Cycle Firm of the Year”
Having an all-encompassing Life Sciences practice capable of meeting the varied needs of clients across the life sciences ecosystem

Leading Firm Legal 500 United States 2024
Recognized in Life Sciences
The Legal 500 United Kingdom
Recognized in Industry Focus: Life Sciences and Healthcare
Leading Firm Legal 500 EMEA 2024
Recognized the France team in Healthcare and Life Sciences
Best Law Firms U.S. News & World Report Best Lawyers
Awarded “Biotechnology and Life Sciences Law Firm of the Year” in the United States for the eighth time

Notable Deals

Counsel to CRISPR Therapeutics AG (Nasdaq: CRSP) in its $280 million registered direct offering.

Counsel to Deciphera Pharmaceuticals, Inc. (NASDAQ:DCPH) on its definitive agreement under which ONO Pharmaceutical Co., Ltd. (ONO) will acquire Deciphera for $25.60 per share in cash, which represents a total equity value of $2.4 billion.

Counsel to Prime Medicine, Inc. (Nasdaq: PRME) in its $110 million upfront, up to $3.5 billion strategic research collaboration and license agreement with Bristol-Myers Squibb.

Counsel to Biotheus in its $800 million acquisition by BioNTech SE (Nasdaq: BNTX, “BioNTech”).

Counsel to Avery Denninson on its definitive agreement to be acquired by Kyowa Kirin Co., Ltd. Kyowa Kirin acquired Orchard Therapeutics for $16.00 per American Depositary Share (ADS) in cash (approximately $387.4 million).

Counsel to Akero Therapeutics, Inc. (Nasdaq: AKRO) in its upsized public follow-on offering of 12,650,000 shares of its common stock, for gross proceeds of approximately $366.9 million.

Counsel to Kymera Therapeutics, Inc. (Nasdaq: KYMR) in its upsized underwritten follow-on public offering of $316.2 million.

Additional Resources