April 09, 2021
Weil advised Sanofi in its $1.45 billion acquisition of Kymab, Ltd., a clinical-stage biopharmaceutical company developing fully human monoclonal antibodies with a focus on immune-mediated diseases and immuno-oncology therapeutics. The transaction resulted in Sanofi having full global rights to KY1005, a fully human monoclonal antibody that has a novel mechanism of action. The transaction closed on April 09, 2021.
The Weil team that advised Sanofi was led by Mergers & Acquisitions partners Michael J. Aiello and Michael Francies and included Mergers & Acquisitions associates Jack Gray, Iliana Ivanova, Michael Grant, Tom Tsatsis and Rhys Williams. The team also included Banking & Finance partner Reena Gogna; Banking & Finance counsel Ben Burton; Tax partners Jenny Doak and Graham Magill; Tax associate Akash Mehta; Executive Compensation & Benefits Head Paul Wessel; Technology & IP Transactions Head Michael Epstein; Technology & IP Transactions/Privacy partner Barry Fishley; Technology & IP Transactions/Privacy associates Caleb Small and Madeline Koo; Antitrust partner John Scribner; Antitrust counsel Michael Naughton; and Antitrust associate Vivian Wang.