Russian Law Online 14 Mar 2012
Baker & McKenzie advised RUSNANO on an investment agreement with Domain Associates LLC, a US venture capital firm specializing in leading-edge life sciences technologies. The investment agreement provides a framework for a partnership between the parties and contemplates investments of approximately USD 760 million.
Under the agreement RUSNANO and Domain will jointly invest in emerging life sciences technology companies, foster transfer of technology into Russia, and establish manufacturing facilities in Russia for production of advanced therapeutic products for the treatment of medical conditions including viral infections, cardiovascular diseases, cancer, and others.