Healthcare Stocks Rise Amid M&A Activity

Dow Jones05:41

Stocks of healthcare companies were the top gainers Thursday amid M&A activity while investors seek less volatile options.

Germany's Merck KGaA said it struck a deal to buy U.S. life-sciences tools supplier Bio-Techne for $11.3 billion, in an early move under its new chief executive to bulk up its lab-tools business. The proposed acquisition represents Merck's biggest deal since its $17 billion buyout of Sigma-Aldrich more than a decade ago and comes weeks after the appointment of Kai Beckmann as CEO.

Tech investor Prosus said it is investing in France's Alan, a company that built a healthcare platform powered by artificial intelligence, in a deal that values the health insurer at $6.25 billion.

 

Write to Patrick Sullivan at patrick.sullivan@wsj.com

(END) Dow Jones Newswires

June 25, 2026 17:41 ET (21:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment