Denmark's Novo Nordisk SA said Wednesday that it will license an antibody from U.S. biopharma Omeros Corp. for up to $2.1 billion in order to expand its portfolio of therapies for rare diseases.
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THURSDAY, OCTOBER 16, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Novo Nordisk Licenses Omeros' Rare Disease Drug For $2.1B

By Najiyya Budaly

Denmark's Novo Nordisk SA said Wednesday that it will license an antibody from U.S. biopharma Omeros Corp. for up to $2.1 billion in order to expand its portfolio of therapies for rare diseases.

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Advent's $1.3B Bid For Chipmaker Wins Shareholder Backing

By Najiyya Budaly

U.S. private equity entity Advent said Wednesday that it has persuaded 67.55% of shareholders in Swiss chipmaker U-blox Holding AG to sell their stakes, signaling the success of its 1.03 billion Swiss franc ($1.3 billion) takeover offer.

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DEALS

Jones Day-Led Macquarie Raises Stake In London City Airport

By Tom Fish

Macquarie Group Ltd. said Wednesday it has increased its stake in London City Airport from 25% to 75%, as the Australian financial firm increases its presence in the growing aviation sector.

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Investment Biz To Force Takeover Of Legal Services Co.

By Dawood Fakhir

Dbay Advisors said Wednesday that it will officially force the remaining shareholders of credit hire and legal services business Anexo to sell their shares after the deadline of its takeover offer worth approximately £71 million ($95 million) ended Tuesday.

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CAPITAL MARKETS

Risk Management Business Raises £9.2M In Equity

By Dawood Fakhir

Risk management company KRM22 PLC said Wednesday that it has raised approximately £9.2 million ($12.3 million) to primarily pay off a £5.7 million debt taken from its largest shareholder.

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NEWS IN BRIEF

Brief

BPE Advises Healthcare Tests Provider On £2.4M Sale Of Unit

By Irene Madongo

MyHealthChecked said Tuesday it has agreed to the conditional disposal of its trading subsidiary Concepta Diagnostics Ltd. to Boots UK Ltd. for approximately £2.4 million ($3.2 million).

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Brief

Minerals Explorer Richmond Hill Debuts On Aim, Raises £1.5M

By Irene Madongo

Minerals exploration company Richmond Hill Resources began to trade on the junior Alternative Investment Market in London on Wednesday after it raised almost £1.5 million ($2 million).

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

BPE Solicitors

Browne Jacobson LLP

Freshfields

Hill Dickinson

Jones Day

Ropes & Gray

Weil Gotshal

COMPANIES IN TODAY'S NEWS

Advent International Corp.

Canaccord Genuity Group Inc.

Fort Point Capital

Grant Thornton LLP

London Stock Exchange Group PLC

Macquarie Group Ltd.

Morgan Stanley

Novo Nordisk A S

OMERS Administration Corp.

Omeros Corp.

SIX Swiss Exchange

Trading Technologies International Inc.

UBS Group AG