Pressmeddelande -
Delphi advisor to Galena Biopharma, Inc. in the acquisition of the drug Abstral in the U.S. from Orexo AB
Delphi has assisted Galena Biopharma Inc. and its U.S. advisor in the acquisition of Abstral in the U.S. from Orexo AB. Galena Biopharma is a biopharmaceutical company developing innovative, targeted oncology treatments that address major unmet medical needs to advance cancer care. Abstral is the leading fast-acting fentanyl product in Europe with a turnover of 54 million USD in 2012. Abstral was approved in 2011 by the U.S. Drug Administration The Food and Drug Administration (FDA). In June 2012, Orexo AB announced that it had acquired the U.S. rights to the product of Prostrakan Group plc, as part of a restructuring of the global rights for Abstral.
Delphi's team, which was responsible for the Swedish legal advice, was led by Olof Myhrman, partner of Delphi's M&A group and Caroline Ygge, partner of Delphi's intellectual property group. The team also consisted of Elisabeth Eklund, partner in Delphi's EU and competition group, Mikael Knutsson, partner in Delphi's tax group, Henry Almström (intellectual property), Caroline Ekström (tax) and Eva Folkow (labour).
Contact:
Olof Myhrman
Partner/Advokat
Delphi
Ph. +46 709 25 25 59
email: olof.myhrman@delphi.se
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Delphi is one of the foremost commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We litigate at court and in arbitration and are acknowledged as being extremely competent in public procurement and environmental law.
Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often praised for our commercial sense and our ability to understand the client’s business.
Our clients are to be found primarily in Scandinavia, Europe and North America. But we also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of 190, of which 140 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.
