Photo: Gorodenkoff/Shutterstock.com Deal Watch: Skadden, Latham, Cravath, Weil and Cooley Land Roles in $10B Worth of Pharma Deals
Johnson & Johnson, Sanofi are buyers in some big moves in a hot industry.
August 19, 2020 at 01:56 PM
2 minute read
Big Pharma has been big busy this week. On Monday, French pharma leviathan Sanofi purchased San Francisco-based immunology specialist company Principia Biopharma for $3.68 billion. Not to be outdone, Johnson & Johnson, one of the companies working on a COVID-19 vaccine with federal grants, announced it will purchase Cambridge, Massachusetts-based Momenta Pharmaceuticals for $6.5 billion.
In the Sanofi deal, Weil, Gotshal & Manges represented Sanofi, with the firm's mergers and acquisitions chairman Michael Aiello and M&A partner Sachin Kohli leading the way.
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