McDermott advises Sensorion in connection with its EUR 18.1million capital increase
McDermott Will & Emery assisted Sensorion, a biotech company specializing in innovative therapies to restore, treat and prevent inner ear disorders, in its €18.1 million capital increase subscribed by its main investors Invus, Sofinnova Crossover I SLP, as well as by new investors including Chinese investors WuXi AppTec and 3SBio.
This capital increase expanded Sensorion’s liquidity horizon, following its €20 million fundraising in June 2019 in the form of convertible bonds, which were subscribed by Invus Public Equities LP and Sofinnova Crossover I SLP funds.
Invus was assisted by Jones Day, with Jean-Gabriel Griboul and Anne Kerneur.
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