McDermott Advises DBV Technologies In Connection With Its $81 Million Capital Increase
McDermott Will & Emery assisted DBV Technologies, a French biopharmaceutical company, in its $81 million capital increase. Its common shares were offered in the United States in the form of American Depositary Shares, traded on the Nasdaq Select Global Market. Concurrently, common shares were sold in Europe in a private placement and are traded on the Euronext Paris. This fundraising will assist in financing the development and preparation for the commercialization of its anti-peanut allergy patch, Viaskin Peanut (subject to approval by regulatory authorities), as well as in advancing the development of its sister projects.
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