02/08/2024
CMS advised Ypsomed on the closing of the sale of its pen needle and BGM...
Zurich, July 2024 | An international CMS team under the lead of Stefan Brunnschweiler and Florian Jung provided comprehensive advice to Ypsomed (SIX: YPSN) on all legal aspects regarding the completion of the sale of its pen needle and blood glucose monitoring systems (BGMs) businesses to Medical Technology and Devices S.p.A. (MTD) across 17 jurisdictions. The sale of the pen needle and BGM businesses between Ypsomed and MTD was announced on 27 March 2024. The transaction is now legally completed after all conditions set out in the agreement have been fulfilled. During a transition phase, Ypsomed will continue to produce pen needles as a contract manufacturer and provide services to enable a seamless transfer. The production facilities will be gradually relocated to the MTD sites by mid-2025. The space freed up will be used for a new toolmaking facility at the Solothurn site. Ypsomed is the leading developer and manufacturer of injection and infusion systems for self-medication and a renowned diabetes specialist. The company will celebrate its 40th anniversary in 2024. As a leader in innovation and technology, it is a preferred partner of pharmaceutical and biotech companies for pens, autoinjectors and pump systems for administering liquid medications. Ypsomed presents and markets its product portfolios under the umbrella brand mylife Diabetescare directly to patients, pharmacies, and hospitals as well as under Ypsomed Delivery Systems in business-to-business operations with pharmaceutical companies. Ypsomed is headquartered in Burgdorf, Switzerland. The company has a global network of production facilities, subsidiaries, and distribution partners. Ypsomed has over 2,200 employees worldwide. CMS ZurichStefan Brunnschweiler, LL.M., Managing Partner, Head Corporate/M&AFlorian Jung, LL.M., Senior Associate, Corporate/M&ASamuel Felix Gang, LL.M., Senior Associate, Corporate/M&AAnna Mast, Associate, Corporate/M&AMaximilian Hochreiter, Attorney Trainee, Corporate/M&AAlexander Salamon, Attorney Trainee, Corporate/M&AMarquard Christen, LL.M., MAS, Partner, CompetitionSophia Rovelli, Attorney Trainee, CompetitionNadine Anwander, Attorney Trainee, CompetitionDr Matthias Kuert, LL.M., Partner, Capital MarketsMark Cagienard, LL.M. VAT, Partner, TaxChristian Gersbach, LL.M., Partner, EmploymentDirk Spacek, LL.M., Partner, IT/IPCMS ParisAlexandra Rohmert, Partner, Corporate/M&AVincent Desbenoit, Associate, Corporate/M&ACaroline Froger-Michon, Partner, EmploymentCamille Baumgarten, Associate, EmploymentAliénor Fevre, Counsel, CommercialManon Fleury, Associate, CommercialJean-Hugues de la Berge, Partner, TaxWilliam Hamon, Partner, TaxCMS FrankfurtDr Heike Wagner, Partner, Corporate/M&ADr Tobias Kilian, Of Counsel, Corporate/M&ADr Reiner Thieme, Associate, Corporate/M&ACMS HamburgDr Roland Wiring, Partner, IPCMS RomePietro Cavasola, Managing Partner, Corporate/M&ASerena Carroli, Counsel, Corporate/M&ACMS StavangerEspen Debes, Partner, Corporate/M&APreben Øvsthun-Sandvik, Corporate/M&ACMS OsloJohan Svedberg, Partner, Corporate/M&ACMS BrusselsArnaud Van Oekel, Partner, Corporate/M&ALola Verelst, Associate, Corporate/M&ACMS MadridLuis Miguel de Dios, Partner, Corporate/M&AElena Alcazar, Counsel, Corporate/M&ACMS ViennaDieter Zandler, Partner, CompetitionFlorian Mayer, Partner, Corporate/M&ACMS AmsterdamRoman Tarlavski, Partner, Corporate/M&AMaarten Feenstra, Associate, Corporate/M&ACMS LondonTom Jameson, Partner, Corporate/M&A CMS PragueHelen Rodwell, Partner, Corporate/M&AMonika Hospudkova, Associate, Corporate/M&ACMS StockholmRobert Kullgren, Partner, Corporate/M&AMinterEllison (Australia)Con Boulougouris, Partner, Corporate/M&AAlex Beagley, Senior Associate, Corporate/M&AWill Crammond, Associate, Corporate/M&AMoalem Weitemeyer (Denmark)Jakob Skafte-Pedersen, Partner, Corporate/M&AMichael Thai Hansen, Senior Associate, Corporate/M&AHPP Attorney (Finland)Björn Nykvist, Partner, Corporate/M&AAndrew Cotton, Partner, Corporate/M&AJoska Rytkönen, Senior Associate, Corporate/M&ABorder Ladner Gervais (Canada)David Henry, Partner, Corporate/M&AHSA Legal (India)Soumya De Mallik, Partner, Corporate/M&APrithviraj Chauhan, Principal Associate, Corporate/M&AMeghna Rajesh, Associate, Corporate/M&A
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