Many climate transition plans are, in effect, plans for major organizational change … A company facing such a significant transition must fully embrace its climate strategy as an organization-wide priority.

While buyers valued their targets at lower valuations [after this year’s public market correction], sellers initially held firm on valuations. That valuation gap has begun to shrink in recent months, as sellers accept a new M&A reality.

New life sciences funds are being raised with an eye toward investing in undervalued companies … However, in an industry that requires significant funding before sales can be made, the question is whether there will be enough contrarians to provide funding for the undervalued gems.