Congratulations to our client, Poxel, a clinical-stage biopharmaceutical company listed on Euronext Paris, on securing a US$50 million non-dilutive financing agreement with OrbiMed to monetize a portion of Poxel’s future royalties and sales-based payments from TWYMEEG® sales by Sumitomo Pharma in Japan. This strategic transaction will enable Poxel to reduce its debt and advance its work in rare diseases. The Dechert team that advised Poxel includes corporate and securities partners Patrick Lyons and David S. Rosenthal; global finance partner Privat Vigand; intellectual property partner Olivia Bernardeau-Paupe; global finance partner Sarah Milam; tax partner Sabina Comis; and associates Etienne Bimbeau, Pierre-Emmanuel Floc'h, Chloé Lebret, Julie Lecomte, Vianney Toulouse and Yasmin Yavari. https://lnkd.in/eF52c8kW
About us
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 21 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors. © 2024 Dechert LLP. All rights reserved. This information should not be considered as legal opinions on specific facts or as a substitute for legal counsel. It is provided by Dechert LLP as a general informational service and may be considered attorney advertising in some jurisdictions. Dechert practices as a limited liability partnership or limited liability company other than in Dublin and Hong Kong.
- Website
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http://www.dechert.com
External link for Dechert LLP
- Industry
- Law Practice
- Company size
- 1,001-5,000 employees
- Headquarters
- Philadelphia, PA
- Type
- Partnership
- Founded
- 1875
Locations
Employees at Dechert LLP
Updates
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Congratulations to the 57 Dechert lawyers recognized in The Legal 500 UK 2025. The firm is also honored to be recognized across 24 practice categories. https://lnkd.in/ece-jb5r
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As we continue to celebrate Hispanic Heritage Month, we spoke with litigation partner Christina Sarchio, who recently was sworn in as president of the Hispanic National Bar Association. Below, Christina discusses the family stories that have shaped her cultural identity, and how this has influenced her work as a lawyer and leader.
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To gain insights into issues and trends affecting directors of investment companies, please join Dechert at the 2024 Fund Directors Conference hosted by the Independent Directors Council. Attendees will hear from independent directors and industry leaders, including Dechert partner Thomas Friedmann, who will discuss oversight considerations for alternative investments, such as BDCs, interval funds and more. To register, visit https://lnkd.in/edYWZyMB
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Who owns social media accounts created during employment? The Second Circuit's decision in JLM Couture, Inc. v. Hayley Paige Gutman sheds light on this complex issue, emphasizing a case-by-case approach. In this OnPoint, Dechert's Gary Mennitt, Shmuel Vasser and Pat Andriola delve into the court's ruling, which focuses on identifying the original owner and any valid transfers of ownership. They also discuss the subsequent District Court decision and the eventual settlement. Learn more about the implications for businesses and how to document social media rights effectively here: https://lnkd.in/emJUxNRJ
From Creation to Control: Navigating Social Media Ow...
dechert.com
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Dechert is pleased to welcome partner Anthony Lombardi to the firm’s London office. Focusing on fund finance, Anthony's arrival expands the firm's fund leverage capacity across asset classes and strengthens its presence in Europe. https://lnkd.in/et4i7A-G
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High inflation and central bank interest rates have slowed the UK PE market since 2021, but there is optimism for increased deal-making in 2024 as inflation is expected to ease. In this chapter from ICLG's Private Equity 2024-2025, Dechert partners Mark Evans and Sam Whittaker explore these key issues and trends impacting PE deal activity in the United Kingdom. Read more here: https://lnkd.in/epgGZNYj
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Empowering women in tech and IP law and policy is essential for driving progress and innovation. The ChIPs Global Summit is dedicated to advancing women and fostering diversity in these fields. Join Dechert partners Amanda Antons, Ph.D., Diane Siegel Danoff, Katherine A. Helm and Nisha Patel Gupta at this year’s Summit to participate in insightful discussions, connect with a global community and be part of a movement that accelerates innovation through diverse perspectives and engagement. https://lnkd.in/gMA8hgQK