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CMS and Bird & Bird Advise on Egis' Acquisition of Dermatological Product Line from Teva

Hungary
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CMS has advised Egis Pharmaceuticals on its acquisition of a dermatological product line from Teva Pharmaceutical Industries. Bird & Bird reportedly Teva.

According to CMS, "the acquisition holds strategic significance for Egis, a Hungary-based pharmaceutical company with a legacy spanning over 110 years. This move aims to solidify its position in the Hungarian over-the-counter market while expanding its portfolio of locally applied dermatological products."

The CMS team included Partners Eszter Torok, Dora Petranyi, and Szabolcs Szendro, Senior Counsel Veronika Kovacs, and Senior Associates Aranka Nagy and Miklos Boros.

The Bird & Bird team included Partners Pal Szabo and Balint Halasz, Senior Counsel Ferenc Matrai, Counsel Daria Szabo, and Associate, Adel Gelencser.

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DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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