Leading Associates

Life sciences and healthcare in India

Khaitan & Co LLP

Khaitan & Co.‘s cross practice offering provides a full service in these sectors; from IP and regulatory regimes to corporate, commercial contracts, tax and competition. This wide-ranging service is helmed by the team heads – Bharat Anand, Aditya Patni and Anand Mehta who attract an impressive range of clients including foreign and Indian corporates, funds, start-ups and social business enterprises. The team is able to keep clients appraised of the developments and risks in the sectors and so guide them through strategic decisions.

Praxisleiter:

Bharat Anand; Aditya Patni; Anand Mehta


Weitere Kernanwälte:

Ajay Bhargava; Kevin Peter; Mukul Agarwal; Nirupam Lodha


Referenzen

‘The IP team at KCO led by Partner Nirupam Lodha is very thorough, commercially skilled and legally well-equipped. What sets them apart is their exhaustive legal knowledge along with elements of practicality. Each team member is very dedicated to their clients and as a result their turnaround time is phenomenal. Hands down, this is our favourite team at KCO.’

‘We mostly have interactions with Partner Nirupam Lodha. Nirupam is an ace when it comes to negotiating settlement matters as well as strategising the IP matters. I have been working with Nirupam since Luthra days, and needless to say, his expertise and dedication towards clients is only increasing by the year. His vast knowledge and experience with handling a plethora of clients comes very handy for us.’

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Nishith Desai Associates

Nishith Desai Associates is one of the pre-eminent firms offering a comprehensive suite of expertise to pharma, healthcare, medical device and biotech companies. Its clients range from major India-based companies to US, Singaporean and European multi-nationals. Its full-service expertise covers IP, regulatory, clinical trial and ethics issues to M&A, JVs, venture capital investments and litigation. Dr Milind Antani who is considered ‘a genuine star in the health sector’ in addition to being highly recommended and in demand for life sciences, leads the practice together with Gowree Gokhale who has some 20 years of experience on the commercial and IP fronts. An extensive team includes Eshika Phadke who provide a diverse range of commercial and regulatory expertise and Alipak Banerjee for litigation.

Praxisleiter:

Dr Milind Antani; Gowree Gokhale


Weitere Kernanwälte:

Eshika Phadke; Alipak Banerjee


Referenzen

Good resourcing and depth.’

Milind Antani is a genuine star in the health sector.’

Dr Milind Antani – excellent legal and commercial knowledge in the life sciences sector. Has a great understanding of the issues that arise for businesses in this sector and how the regulations and regulators impact the business, and can therefore provide tailored advice and support when needed. Highly recommend Dr Antani to any life sciences company.’

Kernmandanten

A globally renowned pharmaceuticals, medical devices and consumer care conglomerate


A prominent public benefit biotechnology company


One of the world’s leading medical devices manufacturers


Max Healthcare Institute Limited


A globally renowned personal care brand


Various pharmaceutical and medical device companies and clinical research organisations


Highlight-Mandate


  • Pursuant to the introduction of a new code governing the marketing activities of pharmaceutical companies, advised numerous multinational clients on the implications of the code on their ongoing and upcoming activities in India.
  • Regularly advises and counsels the in-house business teams of a globally renowned pharmaceuticals, medical devices and consumer care conglomerate on various matters and on regulatory compliances.
  • Represented and advised Max Healthcare Institute Limited on 100% acquisition of a target company in the healthcare segment which operates multi-specialty hospitals.

Spice Route Legal

The breadth of its know-how and depth of team renders Spice Route Legal a go-to firm. The practice is headed by Praveen Raju, whose focus is corporate law, M&A, JVs and related commercial contract such as licences. The practice serves international clients in all the life sciences sectors, healthcare/healthtech, pharma and those who invest in them. Mathew Chacko has a well-established practice representing healthcare/hospital and biotech companies, particularly in M&A and PE deals that revolve around technology, data, and intellectual property matters. He also advises on the many regulatory issues. Aadya Misra is a data protection and cybersecurity specialist who devotes a significant amount of her time to assisting clients in the data-heavy life sciences and healthcare industries while Renuka Abraham is a corporate and regulatory specialist who assists pharmaceutical, biotech, medical device and health-tech clients. At the senior associate level, Swarna Jain is a key team member with specialisms in the food, cosmetics and nutraceuticals sectors.

Praxisleiter:

Praveen Raju


Weitere Kernanwälte:

Mathew Chacko; Aadya Misra; Renuka Abraham; Swarna Jain; Ajeeth Srinivas


Referenzen

Strengths; up to date, responsive, and transparent.’

‘I’ve had extensive interactions with Mr. Ajeeth Srinivas, and what consistently stands out is his responsiveness and deep knowledge of the latest developments in matters involving disputes. He ensures timely communication and provides insightful updates.’  

‘Aadya Misra is among the best lawyers I have encountered. Her approach is highly interactive and responsive. She is forthcoming, consistently available to reply, and maintains an up-to-date knowledge of the life sciences sector.’

Kernmandanten

Ananta Capital


CarePay


Good Food Institute (GFI)


Indfrag Biosciences


Neogen Chemicals


Ohmium International


Strand Life Sciences


Stryker Inc.


Zenfold Ventures


Highlight-Mandate


  • Advised CarePay on a fundraise by way of issuance of compulsorily convertible debentures (CCDs).
  • Advised Ananta Capital on a debt structuring arrangement with IDAM Natural Wellness Private Limited.

AZB & Partners

AZB & Partners offers a full service to life sciences and healthcare companies. Expertise ranges from regulatory regimes and clinical trials through to corporate, data protection, marketing and e-pharmacies/tele-medicine. In Mumbai, Nandan Pendsey‘s extensive skills encompass all aspects of life sciences, the myriad regulatory regimes and IP commercialisation. He is also an expert in the various laws governing the importation of seeds and the requirements of the Biodiversity Act. Anand Shah (Mumbai) applies his skills in the M&A, private equity, and corporate commercial spaces while Sumit Ghoshal in Delhi has a deep background in the healthcare sector and is increasingly advising on digital healthcare in addition to the laws on medical devices and their pricing.

Praxisleiter:

Nandan Pendsey; Anand Shah; Sumit Ghoshal


Weitere Kernanwälte:

Shriram Shah; Jatinder Singh Saluja


Kernmandanten

API Holdings Limited


3M Company


Highlight-Mandate


  • Advised 3M Company on the India leg of the global spin-off by 3M Company of its healthcare business into a new, independent entity listed on the New York Stock Exchange, Solventum Corporation.
  • Advised API in relation to its rights issue of compulsorily convertible preference shares aggregating to INR 3500 Crore.
  • Advised Novartis International AG on all Indian law aspects including (i) structuring of the transaction; (ii) drafting of transaction documents; (iii) application to the Department of Pharmaceuticals and interactions with the regulators from time to time for obtaining the prior FDI approval; (iv) employee transfer aspects and other operational legal matters; and (v) closing of the transaction.

Cyril Amarchand Mangaldas

Based in Noida, Ashwin Sapra heads the pharma and healthcare practice at Cyril Amarchand Mangaldas. His extensive international experience encompasses IP, drug and medical device regulatory and compliance affairs, transactions and anti-corruption cases. Akila Agrawal, who heads the M&A practice, has some decades of experience in M&A, joint ventures and PE investments; she routinely works on acquisitions, disposals, takeover offers, delistings and SEBI issues. Biplab Lenin specialises in pharma, healthcare and nutraceuticals - he has a biotech background and so offers clients a blend of technical and corporate skills.

Praxisleiter:

Ashwin Sapra


Weitere Kernanwälte:

Akila Agrawal; Biplab Lenin; Akshat Razdan; Kartik Jain


Referenzen

‘Akila Agrawal – excellent in all respects, very hands-on, commercial mindset, discipline and value for money.’

Kernmandanten

Johnson & Johnson Pvt. Ltd.


Laurus Labs Limited


Biocon Biologics Limited


Premji Invest and Tube Investments of India Limited


Aster DM Healthcare Limited


Blackstone Inc.


Shai Technologies Private Limited


Union Investments Private Limited


API Holdings Limited


Healthplix Technologies Private Limited


Biocon Limited


Syngene International Limited


Tube Investments of India Limited


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DSK Legal

An extensive team at DSK Legal provides its clients with a comprehensive range of corporate services from mergers and acquisitions through to post-acquisition integrations and structurings. This is provided together with a range of financing advice, obtaining governmental approvals and regulatory matters. Managing partner Anand Desai is well known for his extensive negotiation and litigation skills while Hemang Parekh is a trusted advisor for complex mergers and acquisitions and private equity ventures. His clientele includes those from healthcare, pharmaceuticals, telecoms, e-commerce, food and agriculture. Other key practitioners include corporate specialist Ajay Shaw, Rishi Anand who provides a blend of corporate/commercial skills with technology expertise and Gaurav Mistry whose skillset is corporate, foreign investment and securities laws. Nakul Batra and Jayesh Kothari are also corporate/commercial facing partners.

Praxisleiter:

Anand Desai


 


Weitere Kernanwälte:

Hemang Parekh; Gaurav Mistry; Nakul Batra; Ajay Shaw; Rishi Anand; Jayesh Kothari; Palak Sehgal


Kernmandanten

Regency Hospital Limited


Kotak Pre-IPO Opportunities Fund (Kotak Mahindra Trusteeship Services Limited through its investment manager, Kotak Investment Advisors Limited (“Kotak”))


Bombay City Eye Institute & Research Centre Private


Envision Eye Hospital


Stelis Biopharma Limited


Healthquad Fund I, acting through its Investment Manager Healthquad Capital Advisors Private Limited


HealthQuad Fund IIand British International Investment (UK’s DFI)


Highlight-Mandate


  • Advising Regency Hospital Limited and Promoters of Regency Hospital Limited and Healthquad Fund I and Kois Holdings in respect of a primary investment by Norwest Capital, LLC in the Company; and a secondary investment by Norwest by way of acquisition of entire shareholding of the Existing Investors and International Finance.
  • Advising Kotak Pre-IPO Opportunities Fund (Kotak Mahindra Trusteeship Services Limited through its investment manager, Kotak Investment Advisors Limited in relation to its primary and secondary investment in Sahajanand Medical Technologies Limited.
  • Advised Bombay City Eye Institute & Research Centre Private and Bombay City Eye Institute & Research Centre Private Limited and its promoters in relation to the sale of 100% of their shareholding in BCEI to ASG Hospital Private Limited for an aggregate consideration of INR 850,000,000 Rupees.

Majmudar & Partners

Majmudar & Partners's well-established practice has extended over the past years from a pharma focus to the broader life sciences, health tech, bio-medical and medical devices. The team advises Indian and international companies and hospitals on complex drugs licensing and regulatory issues, financing, M&A, IP licensing transactions and disputes. Neerav Merchant is highly experienced in disputes - particularly those involving IP, in addition to advising on pharma regulatory matters. Practice cohead Akil Hirani has a tech background and so is in tune with new digital healthcare and healthcare/life sciences startups in addition to advising on IP protection and data protection. Corporate specialist N. Raja Sujith (Bangalore) and head of the corporate M&A group Rukshad Davar are also key team members.

Praxisleiter:

Neerav Merchant; Akil Hirani


Weitere Kernanwälte:

N. Raja Sujith; Rukshad Davar


Kernmandanten

Hinge Health Inc.


Starkey, Inc.


The Cigna Group


Tender Loving Care UK Ltd. (TLC)


Browndove Healthcare Private Limited


OMS Software Solutions India Pvt Ltd.


Bugworks Research India Pvt. Ltd.


Gussa India Private Limited


Demant A/S


Highlight-Mandate


  • Assisting Hinge Health Inc., the world’s first digital musculoskeletal clinic for the whole body, in reviewing master services agreements and statements of work for software development and testing services to be provided by Indian companies and large US companies and their Indian subsidiaries.
  • Assisting Starkey Laboratories India Pvt. Ltd., the Indian subsidiary of Starkey, Inc., a 1930-established listening device manufacturer helping individuals with intellectual disabilities, on various Indian legal compliances.
  • Advising The Cigna Group, a Fortune-15 company and one of the largest healthcare insurance and ancillary services providers in the US, on various Indian regulatory matters in the healthcare and insurance space.

Samvad Partners

The Samvad Partners practice, headed by Vineetha MG in Mumbai and Ekta Bahl in Hyderabad, offers a rich breadth of expertise to clients that includes hospitals, health- and med-tech and pharma companies, and well-known investors. It is also well versed in the innovative agri-tech space. A full range of skills are on offer; corporate structuring, capital raisings, PE and VC transactions and software development in addition to IP and regulatory regimes. The team heads are engaged with industry bodies, for example Bahl is a charter member with TiE Hyderabad and many of the team are also involved with a range of diversity and inclusivity programmes. This substantial team includes key members Natasha Mahajan, Nivedita Nivargi, Junaira Rahman and Nitya Gupta.

Praxisleiter:

Vineetha MG; Ekta Bahl


Weitere Kernanwälte:

Natasha Mahajan; Nivedita Nivargi; Junaira Rahman; Nitya Gupta


Highlight-Mandate


  • Advised Hamdard Laboratories India, before the Hon’ble Supreme Court of India in a case pertaining to commodity classification of FMCG goods (fruit drinks in particular).
  • Advised Fundamentum Partnership Fund I and Eight Roads Ventures India III LP, on the Series B fundraise by Pharmeasy (API Holdings Limited), India’s leading healthtech company, being undertaken by way of a rights issue from its existing shareholders (including Naspers and TPG).
  • Advised Plasmagen Biosciences Private Limited, which operates in the niche bloodplasma/biosciences sector, in connection with its Series D investment of US$ 27 million form Artian Investments and Eight Roads Ventures (an arm of the Fidelity group)

Trilegal

At  Trilegal Harsh Maggon secialises in public and private M&A and private equity transactions including takeover offers, schemes of arrangement and delisting offers involving healthcare and life sciences including hospital and pharma companies. Yogesh Singh, who heads the corporate practice group, is a seasoned advisor to investors and financial institutions on M&A, private equity, corporate finance and restructuring transactions on both inbound and outbound transactions. Also key partners, Kosturi Ghosh  (in Bengaluru) handles inbound and outbound acquisitions and joint ventures together with regulatory guidance while Kirti Balasubramanian has over a decade of IP commercialisation  and enforcement experience.

Weitere Kernanwälte:

Harsh Maggon; Yogesh Singh; Kosturi Ghosh; Kirti Balasubramanian


Kernmandanten

Manipal Global Health Services (MGHS) and MHEPL (Manipal Group)


Glenmark Life Sciences Limited


Blackstone


J.B. Chemicals and Pharmaceuticals Limited (JBCPL)


VLCC Health Care Limited and Carlyle Group


Indira IVF Hospital Private Limited


Curefit Healthcare Private Limited


COSE HealthCloud Solutions, LLC


HealthArx Technologies Private Limited (BeatO)


Glenmark Pharmaceuticals Limited


Highlight-Mandate


  • Advised the Manipal Group (MGHS and MHEPL) in: (a) sale of 41% stake in MHEPL by MGHS and Cypress Holdings to Temasek (b) acquisition by MGHS of 21.52% stake held by TPG VI in MHEPL  (c) acquisition by MGHS of 8.45% stake held by National Investment and Infrastructure Fund – II (NIIF) in MHEPL (d) sale of 11% stake in MHEPL by MGHS to TPG VIII.
  • Represented Glenmark Life Sciences Limited  a listed pharmaceutical manufacturer of APIs, in the proposed sale of 75% equity shares of GLS by Glenmark Pharmaceuticals Limited (“GPL”) to Nirma Limited.
  • Advised Blackstone on the Indian law aspects in the acquisition of Quality Care India Limited from TPG. Also advised on its follow-on acquisition of KIMS Health from True North, Themis and other minority shareholders (including undertaking a diligence on Quality Care, KIMS Health, and their respective subsidiaries, negotiation of the transaction documents and assisting with the closing of the transaction).

Link Legal - India Law Services

Dentons Link Legal serves an impressive range of local and international/global clients such as medical equipment manufacturers, pharma corporations, bio-medical and med-tech companies on end-to-end transactions from marketing strategies and agreements (including distributorship, supply and integration) to acquisitions, investments and guiding startups through regulatory and financing hurdles. Managing partner Nusrat Hassan and Pradnesh Warke are the driving force of the team and provide this and additional expertise in cross-border M&A, PE work, anti-trust and ESG.

Praxisleiter:

Nusrat Hassan; Pradnesh Warke


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Economic Laws Practice

Economic Laws Practice offers a broad range of expertise; corporate, M&A, competition, regulatory, tax, disputes and insolvency. Its core clients are pharma companies, including well-known globals, but also acts for clinics, med-tech companies and healthcare funds/investors. Disputes specialist, Naresh Thacker is a key team member alongside Yashojit Mitra whose focus is corporate and transactional work and managing partner Suhail Nathani who advises on international trade and cross-border issues.

Praxisleiter:

Suhail Nathani


Weitere Kernanwälte:

Naresh Thacker; Yashojit Mitra


Kernmandanten

Somerset Indus Healthcare Fund II and Somerset Indus Healthcare India Fund


Piramal Pharma Limited


Johnson & Johnson Private Limited


Mylan Laboratories Limited


Siemens Limited; Siemens Healthcare Private Limited


Krishna Eye Centre Private Limited


Advanced MedTech Solutions Pvt. Ltd. (AMS)


Stryker India Private Limited


Highlight-Mandate


  • Advisory to Somerset Indus Healthcare Fund in its investment in Emil Pharmaceuticals.
  • Providing comprehensive assistance to Mylan Laboratories Limited on a range of indirect tax matters, including end to end litigation.
  • Advisory to Krishna Eye Centre in its acquisition by ASG Hospital Pvt Ltd.