find the latest legal job
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
In-House Legal Counsel (Mid to Senior)| Regulated Markets (Energy and Gas)
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Full PD on Request · Exciting High Impact Role
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Infrastructure Lawyers
Category: Construction Law | Location: All Perth WA
· We'd be particularly interested to hear from you if you were a lawyer who knows your way around the infrastructure and energy sectors.
View details
Australian company secures IPO in US

Australian company secures IPO in US

Andrew Reilly Baker & McKenzie

One firm has advised Australian biotechnology company Benitec on their first IPO in the United States.

Firm: Baker & McKenzie (Benitec Biopharma Limited)

Deal: Benitec Biopharma Limited launched an IPO in the Unites States with a listing on the Nasdaq.

Value: US$13.8 million

Area: Banking and finance

Key Players: Sydney-based US corporate partner Andrew Reilly led the transaction with support of Kate Renaud, Guy Sanderson, Amrit MacIntrye and Serena Chow in Australia, and Marc Paul, Guy Birkenmeier, Nathaniel Douglas, Elizabeth Graffeo and Robert Grauman in the United States.

Deal Significance: Baker & McKenzie has advised Australian biotechnology company Benitec Biopharma Limited (ASX: BLT) on its US$13.8 million IPO in the United States with a listing on the Nasdaq (Nasdaq: BNTC).

Benitec is commercialising a CSIRO-developed and patented gene silencing technology called DNA directed RNA interference (ddRNAi). ddRNAi has the potential to cure a wide range of life-threatening human conditions and Benitec is developing treatments for hepatitis C and B, drug-resistant lung cancer and wet age-related macular degeneration.

Leading partner Mr Reilly said: “This transaction represents only the third IPO by an Australian company in the United States with a listing on Nasdaq in the past 20 years. We were able to provide the necessary US and Australian law advice to our client to complete the IPO in an effective and seamless manner.”

Like this story? Subscribe to our free newsletter and receive Lawyers Weekly every day straight to your inbox.

 

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Australian company secures IPO in US
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Law Council of Australia
Nov 21 2017
LCA calls for urgent adoption of ‘game-changing’ recommendation
The Law Council of Australia has urged for the immediate adoption of a key recommendation put forwar...
Sally Wheeler
Nov 20 2017
ANU College of Law appoints new dean
A distinguished legal academic and the former head of law of a higher education institution in Irela...
Violence
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...