03 May 2012 | 10:22 am |
International law firm Pinsent Masons has advised Retroscreen, an antiviral clinical trials specialist, on its admission to the AIM market of the London Stock Exchange, raising £15m and with a market capitalisation of £32.8m.
Retroscreen is a virology healthcare business which provides clinical and pre-clinical analytical services for flu and cold antiviral products to global pharmaceutical and biotechnology organisations. As the business develops, it intends to expand into adjacent clinical areas, such as asthma.
Kym Denny, CEO of Retroscreen, said: "I am delighted that Retroscreen has today joined AIM and I would like to welcome all our new shareholders to the Company. It is a very exciting day for Retroscreen, and one which we believe will be transformational for the development of the business.”
The Pinsent Masons team advising on the deal was led by Corporate Partner Russell Booker, assisted by Corporate Senior Associate Iain Butler, Corporate Solicitor James Paton-Philip, Legal Director Louise Fullwood (Commercial), Employment Partner Michael Ryley and Tax Senior Associate Conor Brindley.
Commenting on the deal, Russell said: "We are delighted to have assisted Retroscreen with the AIM listing, which will enable the business to expand its clinical and pre-clinical offering in the UK."
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Pinsent Masons was named 'Construction Law Firm of the Year' and 'Energy and Resources Law Firm of the Year' at the Asian Legal Business Hong Kong Law Awards, which was held virtually on 27 November 2020.
The multinational law firm Pinsent Masons advises the holding company of the founder Dr Hardy Walle on the sale of all shares of Bodymed AG to Nestlé Health Science.
Multinational law firm Pinsent Masons has been named as a top 20 Diversity Leader by the Financial Times, ranked 11th in its Diversity Leaders 2021 report.
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