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Covington Represents Emergent BioSolutions in $270M Acquisition

Press Release

WASHINGTON—Covington advised Emergent BioSolutions in its $270 million acquisition of PaxVax. PaxVax is majority owned by an affiliate of Cerberus Capital Management.

Emergent is a global life sciences company focusing on providing specialty products for civilian and military populations that address public health threats. PaxVax is a company focused on specialty vaccines that protect against existing and emerging infectious diseases.

The Covington team included Michael Riella, Catherine Dargan, and Joseph Gangitano (M&A); Denise Esposito and Allison Whelan (regulatory); Miranda Cole, James Dean, and James O'Connell (antitrust); Michael Francese (employment); Ansgar Simon and Daniel Luchsinger (tax); Amy Toro (life sciences); Heather Haberl (real estate); and Marie Lavalleye (intellectual property).

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