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Ezequiel A. Camerini, David
C. Camerini, and Tomás M. Casalins, members of the firm's
Latin American practice group headed by Mr. Camerini, represented the
shareholders of Laboratorios
Phoenix S.A.C.yF, a leading Argentine pharmaceutical company, in the all cash sale of Phoenix to GlaxoSmithKline plc, one of
the world's leading research-based pharmaceutical and healthcare businesses,
for approximately US$253 Million. Rafael A. Ginebra and V. David
Rivkin, also members of the firm assisted with a licensing
arrangement which was entered into as part of the sale transaction. Phoenix's portfolio
includes brands in the prescription and over-the-counter (OTC) markets for
therapeutic areas such as cardiovascular, gastroenterology, metabolic,
respiratory, anti-inflammatory, psychiatry, neurology, ophthalmology and
urology. Phoenix
has over 40 drugs in its prescription-drugs portfolio, and its OTC portfolio
includes most antiseptics and dietary supplements.
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