Earlier this month Labiotech published its roundup of the top biotech deals for May 2026. Heading the list was Angelini Pharma’s $4.1 billion acquisition of Catalyst Pharmaceuticals, just ahead of UCB’s acquisition of Candid Therapeutics for $2.2 billion. For its part, Lilly also acquired Curevo for $1.5 billion, and GSK took over at SiranBio for up to a billion in milestone payments.