YOUR
Search

    24.01.2023

    ADVANT Beiten advises Cipla (EU) Limited on its investment in Ethris GmbH

    Press Releases

    Berlin, 25 January 2023 – The international law firm ADVANT Beiten has provided comprehensive legal advice to Cipla (EU) Limited, a wholly-owned subsidiary of Cipla Limited (“Cipla”), headquartered in Mumbai, India, on an investment in Ethris GmbH, based in Planegg near Munich. The acquisition of Ethris' shares was made by Cipla (EU) Limited by way of a capital increase.

     

    Based on proprietary platform technologies, Ethris has been developing mRNA therapeutics for diseases with inadequate treatment and for regenerative medicine for more than 10 years. The biotechnology company develops highly effective mRNA-based drugs for administration directly into the upper and lower respiratory tract and by intra-muscular injection.

     

    Cipla is India's third-largest pharmaceutical company and South Africa's third-largest generic drug manufacturer. It has a particular focus on drugs and therapies for respiratory diseases. Cipla became internationally known for its production of low-cost HIV medicines. Founded in 1935, Cipla employs about 23,000 people.

     

    ADVANT Beiten has a strong positioning in the healthcare sector and in advising international clients on investments in the German market.

     

    Advisor Cipla Ltd.:

    ADVANT Beiten: Christian Hipp (Antitrust), Benjamin Knorr (Corporate/M&A and Tax, both leading advisors, Berlin), Dr Dietmar O. Reich (Antitrust, Hamburg and Brussels), Wolf J. Reuter (Employment, Berlin), Robert Schmid(Corporate/M&A, Berlin), Dr Christian Ulrich Wolf (Corporate/M&A, Hamburg), Christian Hess (IP/IT, Munich).

     

    Advisor Ethris GmbH:

    m law group. Munich

     

    Media Contact

    Frauke Reuther

    Manager Kommunikation

    ADVANT Beiten

    +49 (69) 75 60 95 - 570

    frauke.reuther@advant-beiten.com

     

    Benjamin Knorr

    Rechtsanwalt

    ADVANT Beiten

    +49 (30) 26471 – 262

    benjamin.knorr@advant-beiten.com

     

    Tattoos in video games - and what the German Federal Court of Justice's “photo wallpaper ruling” might have to do with it
    The depiction of tattoos of real people, mostly athletes, in video games is a re…
    Read more
    Admissibility of Termination Clauses as Vesting Schedules in Start-ups
    In start-up financing, termination clauses may be effective which stipulate that…
    Read more
    Why we (in particular the management) need to continue to take the German LkSG seriously and how it (also) relates to the pending implementation of the CSRD
    The German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtengesetz,…
    Read more
    New: The Regulation on the prohibition of products made with forced labour ("Forced Labour Regulation")
    On 19.11.2024, after the European Parliament, the Council of the European Union …
    Read more
    2024 Annual Tax Act fills legal loophole concerning private sales
    In response to the decision of the German Federal Fiscal Court dated 26 Septembe…
    Read more
    Powers of Attorney for Commercial Register Applications - Requirements and Handling Responses from the Registration Court
    If a managing director and an authorised signatory (a Prokurist) each grant a po…
    Read more
    Typical Silent Partnership with German Corporate Entities - Differences between a German GmbH and a German AG
    There are significant differences between the typical silent partnership with a …
    Read more
    Obligation to Inspect for and Give Notice of Defects in B2B
    In B2B, the buyer must inspect goods for material defects promptly following del…
    Read more
    How the Digital Services Act Can Help Enforce IP Rights
    There has been a lot of discussion about the EU's Digital Services Act (“DSA”) s…
    Read more