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Deal Date: 11-06-2020 Practice Area: Corporate and M&A
Deal Title: Novo Nordisk A/S Acquisition of Corvidia Therapeutics Inc. Industry: Pharmaceuticals & Biotechnology
Description:
Davis Polk advised Novo Nordisk A/S on its acquisition of Corvidia Therapeutics Inc. for an upfront payment of USD725 million in cash. Total payments to Corvidia Therapeutics shareholders potentially ultimately amounted to USD2.1 billion in cash upon the achievement of certain regulatory and sales milestones by Novo Nordisk.
Financial Center: New York Value: 1000.01-5000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: Denmark
Classification: Strategic Buyer Acquisitions Private Company
Lawyer William H Aaronson