Nerio Therapeutics Sells to Boehringer Ingelheim for up to $1.3 Billion
San Diego – July 29, 2024 – Cooley advised Nerio Therapeutics, a drug discovery and development company focused on phosphatases, a notoriously difficult class of potentially high-value therapeutic protein targets, on its sale to Boehringer Ingelheim, a biopharmaceutical company active in both human and animal health, for up to $1.3 billion. The transaction further strengthens Boehringer Ingelheim’s oncology pipeline of cancer cell-directed and immuno-oncology investigational therapies for smart combinations that may offer the greatest benefit for people living with cancer.
Lawyers Rama Padmanabhan, Charity Williams and Rajdeep Bains led the Cooley team advising Nerio.
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