Morgan & Morgan served as legal advisors of Biocorp Holding, S.A. in a sequence of transactions culminating in the complete sale of Pharma Consulting Group, S.A. (“PCG”) to Swixx BioPharma AG. PCG is the parent company of Laboratorios Biopas, a prominent pharmaceutical company in Latin America, dedicated to the licensing, promotion, and distribution of specialized and innovative pharmaceutical products, operating in 20 countries.
Morgan & Morgan also advised Biocorp Holding, S.A. in the share purchase and debt repayment agreement with Darby Fund III Holdings, L.P., which was required for closing the transaction with Swixx BioPharma AG. Furthermore, the closing of the share purchase and debt repayment agreement was guaranteed by means of an escrow agreement.