Fasken Martineau advises Sinclair IS Pharma Plc for its sale of Mysoline and the acquisition of Advanced Biotechnology Inc.
December 15, 2011
London (UK)/Paris (France) – Fasken Martineau, a leading international business law and litigation firm, announced today that its London and Paris offices have been advising Sinclair IS Pharma plc ("Sinclair IS Pharma"), a London-based international specialty pharmaceutical company, in connection with two recent transactions.
The acquisition on December 15, 2011, of Advanced Biotechnology Inc., a dermatological products company focused on scar treatment and prevention for a total consideration of £21.0 million. The acquisition gives Sinclair IS Pharma ownership of Advanced Biotechnology Inc's flagship scar prevention and treatment product Kelo-cote®.
The sale, on November 15, 2011, by Sinclair IS Pharma of Mysoline (a prescription-only medicine indicated for certain types of epilepsy, essential tremors and seizures) for a total cash consideration of £11.1 million.
The Fasken Martineau team advising Sinclair IS Pharma in connection with the acquisition of Advanced Biotechnology Inc. included
Abayomi Akinjide,
Peter Rhodes,
Stuart Richards,
Antonina Nijran,
Michael A. Kashis ,
Kathryn Lynne,
Rakesh Jhally and
Paul Yerbury from the firm's London office.
The Fasken Martineau team advising the sale of Sinclair IS Pharma's drug Mysoline included
Anne Granger,
Christophe Fichet from Fasken Martineau's Paris office and Abayomi Akinjide, Stuart Richards and Antonina Nijran from the firm's London office.
There is a growing awareness that collaboration is one of the keys to achieving significant successes. Fasken Martineau demonstrated, this year in particular, its strength in building mutually beneficial collaborations between the London and Paris offices. Cooperation contributes in accelerating projects and Sinclair IS Pharma plc is an expression of this accomplishment.
About Fasken Martineau LLP
Fasken Martineau is a leading international business law and litigation firm. With over 675 lawyers, the firm has offices in Vancouver, Calgary, Toronto, Ottawa, Montréal, Québec City, London, Paris and Johannesburg. For additional information, please visit the firm's website at
www.fasken.com.