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m law group advises OrbiMed Advisors and Novo Nordisk in financing of Pieris AG

01.04.2008

m law group advises OrbiMed Advisors, LLC und Novo Nordisk A/S in a EUR 25m series B financing of biotech company Pieris AG.

Pieris AG in Freising-Weihenstephan develops Anticalins®, a novel class of protein therapeutics.

OrbiMed Advisors LLC, New York/USA is a major global fund dedicated to the healthcare area. Novo Nordisk A/S is a pharmaceutical company with headquarters in Denmark and is a global leader in diabetes care.

The existing investors in Pieris AG, including Global Life Science Ventures, Gilde Healthcare Partners and Forbion Capital Partners participate in the series B financing round.

Counsel to OrbiMed Advisors and Novo Nordisk:
m law group: Rainer Kreifels (corporate; lead), Dr. Florian Anselm (corporate), Henno Groell (IP), Dr. Stephan Appt, LL.M. (IP).

Bingham McCutchen, Boston: James P. Carrigan (US law).
Clark & Elbing LLC, Boston: Kristina Bieker-Brady (IP; lead).  

Counsel to Pieris AG:
Holme Roberts & Owen, Munich: Dr. Jörg Ritter (lead, corporate), Dr. Stefan Heyder, Dr. Christian Schröder.  

Counsel to BayTech Venture Capital:
P+P Pöllath + Partner, Munich: Otto Haberstock.

Practice Area: Start-up & Venture Capital
Industry: Life Science & Biotech