Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 09-06-2020 | Practice Area: | Corporate and M&A |
Deal Title: | CSL Behring Acquisition of Vitaeris | Industry: | Pharmaceuticals & Biotechnology |
Description: |
Simpson Thacher represented CSL Behring in connection with its acquisition of Vitaeris Inc., a clinical-stage biotechnology company focused on the phase III development of clazakizumab, an anti-interleukin-6 (IL-6) monoclonal antibody (MAB), for the potential treatment of chronic active antibody-mediated rejection (AMR), the leading cause of long-term rejection in kidney transplant recipients. The companies entered into a strategic partnership in 2017 to expedite the development of clazakizumab with the option for CSL Behring to acquire Vitaeris, along with this important product candidate.
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Financial Center: | New York | Value: | 0.00-0.00 |
Advised Party: | Acquiror | Law Firm | Simpson Thacher |
Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Mark D Pflug |