Paul Hastings Advising Ardea Biosciences in its $1.26B All-Cash Acquisition by AstraZeneca
San Diego, CA (April 23, 2012)- Paul Hastings LLP, a leading global law firm, announced today that the firm is representing Ardea Biosciences, a San Diego, CA-based biotechnology company, in its $1.26 billion all-cash acquisition by AstraZeneca, a global integrated biopharmaceutical company based in the United Kingdom.
Ardea is focused on the development of small-molecule therapeutics for the treatment of serious diseases. Ardeas clinically most advanced product candidate, lesinurad, is currently in Phase III development as a potential treatment for the chronic management of hyperuricaemia in patients with gout.
Global M&A chair and partner
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