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Mintz Levin Advises SkyePharma PLC in Refinancing of Convertible Bonds


9/8/2008

London, England - Attorneys with Mintz, Levin, Cohn, Ferris, Glovsky and Popeo Intellectual Property, LLP served as special legal counsel to SkyePharma PLC in connection with its recent Placing and Open Offer of 1,401,780,736 New Ordinary Shares to raise £18.4 million (net of expenses) and a Share Capital Reorganisation.

Skyepharma is a long standing client of the firm's IP practice in London headed by Julian Crump. The IP and corporate teams combined to provide expert patent advice to SkyePharma in connection with the offering arrangements to refinance their convertible bonds. SkyePharma is listed on the Official List of the London Stock Exchange. This is the first multidisciplinary instruction of this kind since the launch of the firm's Corporate Practice in London. In addition to Mintz Levin, SkyePharma was advised by Faskau Martineau Stringer Saul LLP, Piper Jaffrey Ltd, Clifford Chance LLP and Linklaters LLP. 

SkyePharma strives to deliver a clinical benefit for patients by using its multiple delivery technologies to create enhanced versions of existing pharmaceutical products as well as products incorporating new chemical entities.  

Mintz Levin is an AmLaw 100 law firm with offices in the US and the UK.  The firm has exceptional depth in a broad range of practice areas, but our clients recognize that what sets us apart from other law firms is our industry focus.  By truly understanding business drivers and industry trends, we are able to provide our clients with more than just legal advice.  We provide legal solutions to our clients' business issues.  Since 1933, our lawyers have represented entrepreneurs, emerging growth companies, government agencies, and leaders in primary industries that include Life Sciences/Biotechnology; Technology & Communications; Energy & Clean Technology; Financial Services & Insurance; Healthcare; Real Estate, Hospitality & Construction; and Retail & Consumer Products.  Our practical knowledge combined with our industry expertise enables us to provide our clients with enterprise legal advice that gives their business a competitive advantage in the marketplace.

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