Ropes & Gray LLP > Shanghai, China > Firm Profile

Ropes & Gray LLP
Jing An Kerry Centre Tower 2 Suite 720
1515 Nanjing West Road
SHANGHAI 200041
China

China > Life sciences and healthcare: foreign firms Tier 1

Representing a number of global biopharmaceutical and medical device companies and consistently handling major deals in the Chinese healthcare and life sciences market, Ropes & Gray LLP deservedly retains its place at the apex of this market. Practice head and Asia regional managing partner Arthur Mok has a wealth of experience in the field and is particularly recommended for advice on acquisitions and commercial agreements in the immunology space. Regulatory, compliance and enforcement expert Katherine Wang and healthcare IP specialist Geoffrey Lin are also integral. Eric Wu, who has first-hand industry experience having worked in-house for Johnson & Johnson, is another name to note.

Practice head(s):

Arthur Mok

Other key lawyers:

Katherine Wang; Geoffrey Lin; Eric Wu

Key clients

Everest Medicines

LianBio

Pediatrix Therapeutics

Tianjin Adicon Limited

Luca Healthcare

Bain Capital Life Sciences/Bain Capital Private Equity

HUTCHMED

Zenas BioPharma

MediBoston

Work highlights

  • Advising Everest Medicines on a commercial agreement with Accelerate Technologies for COVID-19 products and with Gilead Sciences for the development of cancer drug, Trodelvy.
  • Representing Pediatrix Therapeutics in a license agreement with Aclaris Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases in Greater China.
  • Advised HUTCHMED on its license to Takeda to develop and commercialize Fruquintinib outside China for a total of US$ 1.13 billion, plus royalties and net sales.

China > Investment funds: foreign firms Tier 3

Ropes & Gray LLP‘s asset management team remains a strong choice for US and global sovereign wealth funds and practice head Vincent Ip also counts institutional investors and fund sponsors among his clients. The team advises on a full range of investment transactions, as well as secondary transactions, such as GP-led fund recapitalisations. With a ‘wealth of market experience‘, Chune Loong Lum offers advice on the establishment and operation of private investment funds across China and Asia.

Practice head(s):

Vincent Ip

Other key lawyers:

Testimonials

‘Ropes’ investment funds team represents a large number of LPs, in Asia in particular, and as a result they are able to observe market trends in real time and assist their clients to make decisions and assess issues based on latest information available in the market.’

‘Ropes’s investment funds team in Asia (HK and Shanghai) has a steady team, which is helpful for clients looking for dedicated legal team that understands the client’s internal process.’

‘Vincent Ip not only provides thorough advice from a legal perspective, but also has a very strong business sense and provides great suggestions from a business perspective.’

‘Vincent Ip and Chune Loong Lum both have great attention to detail and are always available to provide support to clients.’

‘I work with the funds team for LP investments into Cayman funds set up by China GPs. The team’s experience with China GPs gives them an edge over other firms.’

‘Fund partner Chune Loong Lum has a wealth of market experience and is very helpful in tailoring legal expertise to the relevant commercial context. ’

Key clients

HarbourVest Partners

Hamilton Lane

Korea Investment Corporation

iCapital Network

Work highlights

China > Private equity: foreign firms Tier 3

Ropes & Gray LLP service major players in the Chinese and Asia Pacific private equity market, spanning the likes of Ares, Bain Capital, ICBC and TPG. The diversity of mandates received is mirrored by the range of sector specialists the practice offers, with technology, consumer goods, financial services and real estate considered key areas of expertise. Oliver Nip leads the Hong Kong-based practice, highly active across the spectrum of transactions including minority investments, buyouts, joint ventures and co-investments. Boxin Wang was promoted to counsel in November 2022 and is highly sought after by Chinese, Hong Kong and multinational clients.

Practice head(s):

Oliver Nip

Other key lawyers:

Jenny Qi; Boxin Wang; Arthur Mok

Testimonials

‘Oliver Nip is always responsive and very close to the deals that he works on.’

Key clients

Ares SSG Capital Management

Baillie Gifford

Bain Capital

Baring Private Equity Asia (BPEA EQT)

China Resources Capital Management

ICBC International

Inspiration Advisors HK Limited

Manulife Investment Management

MBK Partners

Nexus Point Advisors HK Limited

Siguler Guff

TPG Inc.

Work highlights

  • Represented Nexus Point Advisors HK Limited in the leveraged buyout of Honour Lane Shipping.
  • Advised funds affiliated with Baring Private Equity Asia on the acquisition of Hong Kong- headquartered Tricor Group.
  • Represented BPEA in the approximately $1bn take-private acquisition of Ginko International by BPEA-backed Glamor Vision.

China > Regulatory/compliance: foreign firms Tier 3

Focusing on government and internal investigations, Ropes & Gray LLP is the go-to for life sciences, healthcare and pharmaceutical companies requiring regulatory and compliance assistance. The team also assists with cross-border and preventative mandates. In Hong Kong, practice head and enforcement specialist Andrew Dale is well-versed in representing global corporations in high-stakes corporate investigations, litigation, and arbitration. Working closely alongside Dale in Hong Kong is Geoffrey Atkins, who is active in civil and criminal anti-corruption and securities enforcement matters. Counsel Tina Yu provides on-the-ground presence, assisting in all litigation and enforcement matters from Shanghai.

Practice head(s):

Andrew Dale

Other key lawyers:

Testimonials

‘Expert knowledge, deep experience, commercial and solutions-focused.’

Work highlights

China > Restructuring and insolvency: foreign firms Tier 3

China > Banking and finance: foreign firms Tier 4

Advising private equity sponsors on their financings across the Asia-Pacific region, Ropes & Gray LLP‘s core areas of expertise are leveraged and acquisition finance. The team also regularly works with Bain Capital on its finance deals in China, Japan and South Korea. Hong Kong-based Jackie Kahng is experienced in cross-border leveraged finance transactions, including acquisition and real estate financings, and Stephen Hui, who was promoted to counsel in November 2022, focuses on cross-border financing deals. Former restructuring partner Daniel Anderson  joined Freshfields Bruckhaus Deringer in May 2023.

Practice head(s):

Jackie Kahng

Other key lawyers:

Testimonials

‘The entire financing practice is strong, with Mandarin, Cantonese and Korean speakers on the team.’

‘Jackie Kahng is one of the few financing partners in the market who can speak Korean.’

‘Counsel Stephen Hui’s client service level is impressive.’

Key clients

Bain Capital

Baring Private Equity Asia

Blackstone

IGIS Asset Management

KKR

MBK Partners

Naver Corporation

Nexus Point Advisors HK

Tor Investment Management Hong Kong

TPG Capital

Work highlights

  • Advised Nexus Point Advisors on the financing for a Nexus Point-led consortium’s acquisition of Honour Lane Shipping, a Hong Kong-based logistics company.
  • Advised Bain Capital Special Situations on the financing for its co-investment in the advanced materials business of Hanwha Solutions.
  • Advised Bain Capital Private Equity on the financing for Bain’s acquisition of a majority stake in CLASSYS, a South Korea-listed medical aesthetic devices company.

China > Intellectual property: foreign firms Tier 4

Best known for its life sciences and tech sector-related IP credentials, Ropes & Gray LLP‘s team in Shanghai has a broad IP practice with a particular focus on transactional mandates. The experienced Geoffrey Lin has extensive experience handling domestic and cross-border IP matters.

Practice head(s):

Geoffrey Lin

Key clients

Everest Medicines

LianBio

Pediatrix Therapeutics

Tianjin Adicon Limited

Luca Healthcare

Bain Capital Life Sciences/Bain Capital Private Equity

Hutchmed

Work highlights

  • Advised Hutchmed on its license to Takeda to develop and commercialize Fruquintinib outside of China for a total of $1.13bn.
  • Advising Everest Medicines on a commercial agreement with Accelerate Technologies for COVID-19 products and with Gilead Sciences for the development of Trodelvy (a cancer drug) for up to $455m.
  • Representing Pediatrix Therapeutics in a license agreement with Aclaris Therapeutics, a clinical-stage biopharma company focused on developing novel drug candidates for immuno-inflammatory diseases for ATI-1777 in Greater China for payments of up to $91m.

Ropes & Gray is one of the world’s most respected law firms, with offices in key business and financial centres throughout Asia, the U.S. and Europe. The firm’s Asia-based attorneys counsel global and Asian corporate clients, investment banks, and many of the world’s largest private equity funds on a wide range of complex legal matters that span industries and geographies. The team offers clients in-depth local market knowledge and a global perspective from a fully integrated team that seamlessly represents clients around the world.

Photo Name Position Profile
Geoffrey  Lin  photo Geoffrey Lin Partner
Arthur  Mok  photo Arthur Mok Partner
Photo Name Position Profile
Alyce  Chen  photo Alyce Chen Associate