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Sep. 26, 2007

Latham Represents Seller in $310 Million Pediatric Deal

LOS ANGELES - Latham & Watkins attorneys represented San Diego-based Verus Pharmaceuticals, which focuses on children's medical needs, in the sale for $310 million of its pediatric asthma programs to pharmaceutical giant AstraZeneca.

By Maya Meinert
Daily Journal Staff Writer

      LOS ANGELES ? Latham & Watkins attorneys represented San Diego-based Verus Pharmaceuticals, which focuses on children?s medical needs, in the $310 million sale of its pediatric asthma programs to pharmaceutical giant AstraZeneca.
     Under the terms of the deal, which was announced Monday, Verus will receive $30 million upfront, as well as developme...

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