Harneys acted as Cayman Islands counsel to China Biologic Products Holdings, Inc. (China Biologic) on its take-private transaction valued at approximately US$4.76 billion.
Founded in 2002 and headquartered in Beijing, China Biologic is one of China’s leading plasma-based biopharmaceutical companies. The company’s core business focuses on research and manufacturing of plasma-based products used for the prevention and treatment of diseases and medical emergencies.
The Harneys team was led by Partners Julie Engwirda, Ian Mann, and Senior Associate James Granby, with support from Partners Paul Sephton, Raymond Ng, Lishi Fong, Paul Madden, and Senior Associate Anya Park. Onshore US counsel included Kirkland & Ellis LLP and Wilson Sonsini Goodrich & Rosati, with Fangda Partners providing PRC counsel.
Paul Sephton commented: “We are pleased to have assisted China Biologic on this successful transaction. This deal further highlights our team’s ability to provide unparalleled cross-border advice and service to our clients.”
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