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Deal Date: 28-01-2016 Practice Area: Corporate and M&A
Deal Title: GlaxoSmithKline Establishment of Research Joint Venture Industry: Pharmaceuticals & Biotechnology
Description:
Simmons and Simmons advised GlaxoSmithKline on the establishment of an innovative joint venture investment fund. The joint venture fund was established through a limited liability partnership entity under the name Apollo Therapeutics LLP between GlaxoSmithKline, Johnson and Johnson Innovation and AstraZeneca, Imperial Innovations, UCL Business and Cambridge Enterprise. The core objective of the joint venture was to fill a funding gap that would see academically funded biomedical research transform into mature and qualitative drug discovery projects.
Financial Center: London Value: 0.00-0.00
Advised Party: Joint Venture Party Law Firm
JV Party Jurisdiction United Kingdom JV Party Jurisdiction United Kingdom
Classification: Joint Ventures Continuing Business Partnership
Lawyer Michael Gavey