Editor's letter

Issue 161 • January 2026

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Cover image: Lithium ore a facility in Australia. Credit: Carla Gottgens/Bloomberg

Welcome to the latest issue of Pharmaceutical Technology Focus magazine

As we head into the new year, now is the time to look back on the activity seen in the pharma space in 2025 and consider what it can tell us about the market’s development in 2026. 

This month’s cover story look at the rise in deal value across 2025 compared to 2024, considering what fuelled M&A this year and what 2026 may hold. 

Another feature looks at the boom in activity in China’s pharma space in 2025. 

In this issue, we also review the key talking points from this year’s Clinical Data Management Innovation (CDMI) Europe 2025 conference held in Barcelona.

And don’t miss our further news coverage from the recent CPHI conference held in Frankfurt, Germany.

All this and more in the latest issue of Pharmaceutical Technology Focus. 

Ross Law, deputy editor