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.

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

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