McDermott Advises L’Oréal On Signing Biotech License Agreement With Micreos

Überblick


L’Oréal announced on October 29, the signature of a license agreement with Dutch biotech Micreos, the world leader in targeted bacterial biotechnology, to join their expertise in biotechnology and the skin microbiome. Under the terms of the agreement, Micreos will give L’Oréal access to its endolysin, a type of active protein in the cosmetic field. With this technology, it is possible for the first time to target only undesirable bacteria in the skin flora, responsible for many skin problems, while sparing ‘good’ types.

McDermott Will & Emery acted as counsel along with L’Oréal with Anne-France Moreau, Marion Abecassis and Raphaëlle Monjou on licensing matters as well as with Antoine Vergnat and Côme de Saint Vincent on tax law aspects.

Micreos was advised by Jones Day.

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