New York, NY and Palo Alto, Calif. - Paul Hastings LLP, a leading global law firm, announced today that the firm’s Life Sciences practice was recognized as one of Law360’s 2013 Practice Groups of the Year, which honors firms that stand out for their preeminent work in the sector. Law360 noted that the practice’s “key wins and high-end work in 2013, earned the firm a spot on Law360's list of Life Sciences Practice Groups of the Year.” The firm’s Real Estate and Employment practices were also selected as Practice Groups of the Year.
A related profile article in Law360 noted Paul Hastings’ precedent-setting victory for Sunovion Pharmaceuticals in a complex intellectual property case regarding the blockbuster sleep aid Lunesta and its representation of Avalon Ventures in the formation of a new and innovative way to fund research and drug therapies through a $495 million venture with GlaxoSmithKline PLC, that will launch up to 10 early-stage life sciences companies.
Law360 also highlighted the firm’s representation of biotech company Capricor Inc. in a complex stock-for-stock reverse merger with Nile Therapeutics Inc. Also noted was the practice’s victory for Galderma Laboratories Inc. in a decision that affirmed the validity and infringement of the longest running patent-in-suit, protected the company's branded rosacea drug Oracea through 2027, and continued the practice’s stellar track record of never losing an IP case in the Life Sciences practice’s seven-year history.
The Law 360 profile also mentioned the firm’s representation of biotech company Ardea Biosciences Inc. on its $1.2 billion sale to AstraZeneca PLC, referencing the recent Law360 M&A MVP recognition of Carl Sanchez, who led the transaction and is chair of the Global Mergers & Acquisitions practice.
Law360 selected its winners based on the significance of the litigation wins or deals worked on, the size and complexity of the litigation wins or deals worked on, and the number of significant, large or complex deals the group worked on or lawsuits the group won.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.