In Q4 2018, Cortellis Deals Intelligence recorded 140 M&A deals worth $33.1 billion in the life sciences sector, with 30 high-value deals over $100 million, including the $5.7 billion acquisition of athenahealth by Veritas and Elliott Management. Key therapeutic M&As included GSK's $5.1 billion acquisition of TESARO, Novartis' $2.1 billion acquisition of Endocyte, and LEO Pharma's $0.8 billion acquisition of PellePharm. Japan led APAC M&A activity with deals totaling $4.1 billion, including J&J's $2.1 billion acquisition of Ci:z Holdings and BMS' $1.6 billion acquisition of Taisho Pharmaceutical.