Clyde & Co and Maha Bin Hendi Law Firm advise Bio Cell Tech on its acquisition of Dante Labs
-
Press Releases 23 December 2024 23 December 2024
-
Middle East
-
Corporate
Global law firm Clyde & Co, together with UAE commercial boutique law firm, Maha Bin Hendi Law Firm, has co-advised Bio Cell Tech FZCO (BCT) on its acquisition of Dante Labs Genomics FZE (now known as Lifespan Genomics Labs FZCO) (Dante Labs Genomics) from Dante Genomics, a leader in genomics and precision medicine. This is a strategic acquisition and an important stepping stone for BCT, enabling it to now deliver advanced genomic solutions in the UAE.
Dante Labs Genomics is a leading global genomics and precision medicine company which leverages expertise in science and healthcare to create customised genomic analysis processes that have an impact on people’s lives. The company has received the ‘Medical Laboratory’ ISO accreditation to enable it to bring clinical whole genome sequencing to hospitals and physicians in the UAE. BCT welcomes the new addition to its wider healthcare offering and looks forward to using the platform to improve the wellness and lives of UAE residents.
Clyde & Co, together with Maha Bin Hendi Law Firm acted as legal counsel to BCT, advising BCT on all aspects of the acquisition, including legal due diligence, preparation and negotiation of transaction documents, regulatory requirements and completion. Clyde & Co’s cross-practice team was led by partner and Head of Corporate – Middle East, Naji Hawayek (Dubai), legal director, Nisha Johar (corporate, Dubai) and senior associate, Ghalya Rashid Ali (corporate, Dubai). They were supported by partner, Joycia Young (IPTC, Dubai) and senior associate, Daniel Goddard (IPTC, Dubai) who advised on the commercial agreements and data protection aspects of the transaction, and trainee, Zein Jallad (corporate, Dubai).
Clyde & Co has one of the most active healthcare practices in the Middle East, with significant capabilities covering a wide range of legal services within the sector. Our healthcare clients include private equity firms specialising in healthcare investments, hospital owners and operators, pharmaceutical companies, insurance companies, life sciences organisations, healthcare suppliers and distributors, health ministries, regulators and professional registration boards.
With over 30 years of experience in the Middle East and Africa (MEA), Clyde & Co is one of the largest international law firms with over 80 partners and over 540 staff operating through 10 offices and associated offices in Abu Dhabi, Cairo, Cape Town, Dar es Salaam, Doha, Dubai, Jeddah, Johannesburg, Nairobi, and Riyadh. Clyde & Co supports international and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law, including commercial, commercial disputes, corporate, cyber risk, data protection & privacy, employment & immigration, finance, global recoveries, insolvency & reorganisation, intellectual property, international arbitration, projects & construction, real estate, regulatory & investigations, and technology, outsourcing & data.
End