Gary W. Herschman and Zachary Taylor, attorneys in the Health Care & Life Sciences practice, in the firm’s Newark office, were quoted in Bloomberg Health Law & Business News, in “Health-Care Deals Surging as Nation Emerges from Pandemic,” by Christopher Brown. (Read the full version – subscription required.)

Following is an excerpt:

Health-care and life sciences transactions continued at a strong pace in May, with 231 deals announced or closed, the third month in 2021 with at least 225 transactions. …

Autism Treatment

May was also a strong month for activity in the behavioral health sector, with 15 deals closed or announced, up from just three in April 2021 and three in May 2020.

The surge in transactions was driven by investments in autism treatment and substance abuse treatment, according to Gary Herschman of Epstein Becker & Green in Newark, N.J. …

Cannabis deals are also continuing strong growth, with 26 announced or closed deals in May, bringing the total this year to 106, said Zachary Taylor of Epstein Becker & Green in Newark.

Those figures indicate the sector continues to thrive in both the short term and long term, with deal volume likely to exceed 200 transactions before year’s end, he said.

Trulieve Cannabis Corp.’s announced acquisition of Harvest Health & Recreation Inc. is a sign of things to come, Taylor said. The combined business will have operations in 11 states, including 22 cultivation and processing facilities and 126 dispensaries.

Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.