> ## Content Index
> Fetch the complete content index at: https://newsletters.qs.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# 💊 AbbVie Acquired Cerevel For $8.7B. $60M+ VC Funding.
- URL: https://newsletters.qs.com/abbvie-acquired-cerevel-for-8-7b-60m-vc-funding/
- Published: 2024-08-02T13:00:51.000Z
- Updated: 2024-08-05T12:39:03.000Z
- Description: Daily Impact Deals #150 looks at major deals and M&A in impact industries, and upcoming economic releases.
- Author: QS
- Tags: Deals

[**Zdravo**](https://en.wikipedia.org/wiki/Zdravo?ref=newsletters.qs.com)🍷  
  
📈 **Today's Global Economic Update:** Italy's economy [grew by 0.2% in Q2](https://www.istat.it/?ref=newsletters.qs.com) 2024 and 0.9% YoY. Q1 quarterly growth was confirmed at 0.3%, with the YoY rate revised to 0.6%. This steady growth suggests a gradual economic recovery, though the pace remains modest.

**⚕️ Deal of the Day:** Healx, a UK-based AI-enable biotech company, raised a [$47M Series C](https://www.finsmes.com/2024/08/healx-raises-47m-in-series-c-financing.html?ref=newsletters.qs.com#google%5Fvignette) to use the proceeds to advance its pipeline of medicines.

**What's New?** 
**🌍 Climate.** Logistics, petroleum  
**🩺 Health.** BioTech, pharmaceuticals  
📅 **Economics.** Balance of trade data, employment data, inflation data + more

## **🌍** Climate

  
**📦 Onepak,** a Boston-based digital supply chain and reverse logistics platform for IT hardware and e-waste, raised [$20M](https://www.finsmes.com/2024/08/onepak-raises-20m-from-nuveen.html?ref=newsletters.qs.com) from Nuveen to expand operations.  
  
⛽ **Occidental Petroleum,** a US-based oil company [acquired](https://www.offshore-technology.com/news/occidental-wraps-up-crownrock-acquisition/?ref=newsletters.qs.com) CrownRock, L.P. for $12B, to bolster its Permian Basin operations.

## 🩺 Health

  
**⚕️ Healx,** a UK-based AI-enable biotech company, raised a [$47M Series C](https://www.finsmes.com/2024/08/healx-raises-47m-in-series-c-financing.html?ref=newsletters.qs.com#google%5Fvignette) from R42 Group and Atomico to use the proceeds to advance its pipeline of medicines.  
  
**💊AbbVie,** an Illinois-based pharmaceutical company, [acquired](https://finance.yahoo.com/news/abbvie-acquires-cerevel-therapeutics-8-083218915.html?ref=newsletters.qs.com) Cerevel Therapeutics for $8.7B, a Massachusetts-based biopharmaceutical company.  
  
**👨‍⚕️ Otsuka,** a Japanese pharmaceutical company, [acquired](https://medcitynews.com/2024/08/otsuka-pharmaceutical-pku-metabolic-disease-jnana-acquisition/?ref=newsletters.qs.com) Jnana Therapeutics for $800M, a Massachusetts-based biotech company.

## **📅** Economic Calendar

Balance of Trade Data, Employment Data, Inflation Data + More

### Friday, August 2nd 2024

[🇺🇸 US Employment Data, July](https://www.bls.gov/?ref=newsletters.qs.com)

### Monday, August 5th 2024

[🇺🇸 ISM Services PMI, July](https://www.ismworld.org/?ref=newsletters.qs.com)

### Tuesday, August 6th 2024

[🇦🇺 RBA Interest Rate Decision](http://www.rba.gov.au/?ref=newsletters.qs.com)

### Wednesday, August 7th 2024

[🇩🇪 Germany's Balance of Trade](https://www.destatis.de/?ref=newsletters.qs.com)  
[🇨🇦 Canada Ivey PMI, July](https://www.ivey.uwo.ca/?ref=newsletters.qs.com)  
[🇦🇺 NAB Business Confidence Index, July](http://business.nab.com.au/?ref=newsletters.qs.com)  
[🇨🇳 China Balance of Trade, July](http://www.customs.gov.cn/?ref=newsletters.qs.com)

### Thursday, August 8th 2024

[🇨🇦 Canada Balance of Trade, June](https://www.statcan.gc.ca/?ref=newsletters.qs.com)  
[🇨🇳 China Inflation Data, July](http://www.stats.gov.cn/?ref=newsletters.qs.com)

### Friday, August 9th 2024

[🇨🇦 Canada Employment Data, July](http://www.statcan.gc.ca/?ref=newsletters.qs.com)

### Monday, August 12th 2024

[🇦🇺 Australia Westpac Consumer Confidence Data, August](http://www.westpac.com.au/?ref=newsletters.qs.com)

### Tuesday, August 13th 2024

[🇬🇧 UK Unemployment Data, June](http://www.ons.gov.uk/?ref=newsletters.qs.com)  
[🇩🇪 Germany ZEW Economic Sentiment Index, August](http://www.zew.de/?ref=newsletters.qs.com)  
[🇺🇸 US PPI MoM, July](https://www.bls.gov/?ref=newsletters.qs.com)

### Wednesday, August 14th 2024

[🇬🇧 UK Inflation Data, July](http://www.ons.gov.uk/?ref=newsletters.qs.com)  
[🇺🇸 US Inflation Data, July](http://www.bls.gov/?ref=newsletters.qs.com)  
[🇯🇵 Japan GDP Data (Preliminary), Q2](https://www.cao.go.jp/?ref=newsletters.qs.com)  
[🇨🇳 China Industrial Production Data, July](http://www.stats.gov.cn/?ref=newsletters.qs.com)  
[🇨🇳 China Retail Sales Data, July](http://www.stats.gov.cn/?ref=newsletters.qs.com)

### Thursday, August 15th 2024

[🇬🇧 UK GDP Data, June](http://www.ons.gov.uk/?ref=newsletters.qs.com)  
[🇺🇸 US Retail Sales Data, July](https://www.census.gov/?ref=newsletters.qs.com)

### Friday, August 16th 2024

[🇬🇧 UK Retail Sales Data, July](http://www.ons.gov.uk/?ref=newsletters.qs.com)  
[🇺🇸 US Building Permits Prel, July](https://www.census.gov/?ref=newsletters.qs.com)  
[🇺🇸 US Michigan Consumer Sentiment Prel, August](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com)

[](http://www.customs.gov.cn/?ref=newsletters.qs.com)

---

**Like getting this newsletter?** *For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com)*.*

---

**Thank you for reading. Have a great week ahead!**  
Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com