Press release |


ADVANT Beiten advises Cipla (EU) Limited on its investment in Ethris GmbH

Berlin, 25 January 2023 – The international law firm ADVANT Beiten has provided comprehensive legal advice to Cipla (EU) Limited, a wholly-owned subsidiary of Cipla Limited (“Cipla”), headquartered in Mumbai, India, on an investment in Ethris GmbH, based in Planegg near Munich. The acquisition of Ethris' shares was made by Cipla (EU) Limited by way of a capital increase.

Based on proprietary platform technologies, Ethris has been developing mRNA therapeutics for diseases with inadequate treatment and for regenerative medicine for more than 10 years. The biotechnology company develops highly effective mRNA-based drugs for administration directly into the upper and lower respiratory tract and by intra-muscular injection.

Cipla is India's third-largest pharmaceutical company and South Africa's third-largest generic drug manufacturer. It has a particular focus on drugs and therapies for respiratory diseases. Cipla became internationally known for its production of low-cost HIV medicines. Founded in 1935, Cipla employs about 23,000 people.

ADVANT Beiten has a strong positioning in the healthcare sector and in advising international clients on investments in the German market.

Advisor Cipla Ltd.:
ADVANT Beiten: Christian Hipp (Antitrust), Benjamin Knorr (Corporate/M&A and Tax, both leading advisors, Berlin), Dr Dietmar O. Reich (Antitrust, Hamburg and Brussels), Wolf J. Reuter (Employment, Berlin), Robert Schmid(Corporate/M&A, Berlin), Dr Christian Ulrich Wolf (Corporate/M&A, Hamburg), Christian Hess (IP/IT, Munich).

Advisor Ethris GmbH:
m law group. Munich

Media Contact
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com

Benjamin Knorr
Rechtsanwalt
ADVANT Beiten
+49 (30) 26471 – 262
benjamin.knorr@advant-beiten.com


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Experts

Benjamin_Knorr_ADVANT Beiten

Benjamin Knorr

Rechtsanwalt, LL.M. Eur., Licensed Specialist for Commercial and Corporate Law

Partner

Christian_Hipp_Experte_ADVANT Beiten

Christian Hipp

Rechtsanwalt

Partner

Dr. Dietmar O._Reich_Experte_ADVANT Beiten

Dr Dietmar O. Reich

Rechtsanwalt

Partner

Wolf J. Reuter_ADVANT Beiten

Wolf J. Reuter

Rechtsanwalt, LL.M., Licensed Specialist for Labour Law

Partner

Robert_Schmid_ADVANT Beiten

Robert Schmid

Rechtsanwalt

Senior Associate

Christian Ulrich Wolf_ADVANT Beiten

Dr Christian Ulrich Wolf

Rechtsanwalt

Partner

Christian_Hess_Experte_ADVANT Beiten

Christian Hess

Rechtsanwalt, LL.M. (Stellenbosch University), Licensed Specialist for Intellectual Property Law

Partner