{"id":45282,"date":"2024-11-06T07:42:20","date_gmt":"2024-11-06T07:42:20","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=45282"},"modified":"2024-11-06T07:42:34","modified_gmt":"2024-11-06T07:42:34","slug":"dzp-once-again-advises-michal-lach-on-an-investment-in-a-listed-biotech-company","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dzp-once-again-advises-michal-lach-on-an-investment-in-a-listed-biotech-company\/","title":{"rendered":"DZP once again advises Michal Lach on an investment in a listed biotech company"},"content":{"rendered":"<p><strong>DZP\u2019s client was the company\u00a0eCapital controlled by Micha\u0142 Lach, the founder of K2 Internet and co-founder of Audioteka and eTutor,<\/strong><!--more--><span style=\"font-size: 1rem\">who invested in the listed company <\/span><strong style=\"font-size: 1rem\">Pure Biologics, which specialises in the research and development of biological medicines<\/strong><span style=\"font-size: 1rem\">. This is yet another investment by DZP&#8217;s client in a biotech company this year, following the acquisition in April \u2013 also with DZP&#8217;s support \u2013 of shares in NanoGroup S.A., which we wrote about\u00a0<\/span><a style=\"font-size: 1rem\" href=\"https:\/\/www.dzp.pl\/en\/deals-corner\/410-dzp-supports-the-acquisition-of-shares-in-an-innovative-biotechnology-company\">here<\/a><span style=\"font-size: 1rem\">.<\/span><\/p>\n<p>This time our experts supported eCapital represented by Micha\u0142 Lach in concluding an investment agreement with Pure Biologics concerning the purchase of a stake of over 8% from the main shareholder and the terms of a PLN 5.5 million recapitalisation of the biotech.<\/p>\n<p>The funds raised by the transaction will enable Pure Biologics to continue its flagship oncology projects (potential medicines for, among other things, head and neck cancers and soft tissue sarcomas). At the end of last year, the investee biotech received approval from the US regulator to start a phase 0 trial of one of its key medicines and in the middle of this year applied for approval to start a trial of yet another device. These applications will enable the anti-cancer activity of the substances to be tested, which will translate into their commercialisation value.<\/p>\n<p>DZP\u2019s legal team composed of\u00a0<strong>Maciej Goszczyk, Margarita Kobojek\u00a0<\/strong>and<strong>\u00a0Maciej Zajda<\/strong>\u00a0from the\u00a0<a href=\"https:\/\/www.dzp.pl\/en\/areas-of-advisory\/practice\/9-capital-markets-and-financial-institutions\">Capital Markets &amp; Financial Institutions Practice<\/a>\u00a0finalised all the transaction documentation in record time of just one week.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-45282","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/45282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=45282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}