The offer price represents an extraordinary premium of 272% over the closing price of Kiadis’ shares as of 30 October 2020.
Kiadis’ proprietary platform is based on allogeneic or ‘off-the-shelf' NK-cells from a healthy donor. NK-cells seek and identify malignant cancer cells and have broad application across various tumor types. The platform has the potential to make products rapidly and economically available for a broad patient population across a wide range of indications. Kiadis’ NK cell-based medicines will be developed alone and in combination with Sanofi’s existing platforms.
Sanofi is a longstanding client of NautaDutilh, in particular with our office in Brussels. Our role on this transaction underlines the benefit of our offering of a broad range of legal services throughout the Benelux.
The team was led by Leo Groothuis and further consisted of: Ruud Smits, Philippe Remels, Sybren de Beurs, Jos Somers, Eva van Rooijen, Dineth de Graaf, Mariska Ramdhani-Kamta and Thomas Castermans (Corporate M&A), David Viëtor and Linda Tomassen (Finance), Nina Kielman (Tax), Paul van der Bijl and Koen Biesma (Corporate notarial) and Jeroen Boelens (IP/Pharma).