2010 desilva+phillips Healthcare Outlook

At 932 M&A transactions, the number of healthcare deals fared better than most expected in 2009 given the overall decline in last year's M&A market.

Technology, overall led the way, with biotechnology deals up 31% YoY and e-health showing unusual resilience with 171% uptick in dollar volume over 2008.  There is a tight coupling between medical device vendor share price and the normal movements of the market.  In contrast, there seems to be a lead relationship between application software vendors and the market.  The stock group has already surpassed the NASDAQ.

The article identifies the hot segments, services and takes a look ahead the healthcare M&A landscape for 2010.

http://www.mediabankers.com/PDF/2010%20desilva+phillips%20Healthcare%20Outlook.pdf