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DLA Piper Advises Marinomed on Sale of Carragelose Business to Unither Pharmaceuticals

Austria
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DLA Piper has advised Marinomed Biotech on the sale of its Carragelose business to Unither Pharmaceuticals. Lamartine Conseil reportedly advised Unither Pharmaceuticals.

Unither Pharmaceuticals is a French contract development and manufacturing organization.

According to DLA Piper, Carragelose, a sulfated polymer derived from red seaweed, is a unique, broadly active compound that blocks viruses and allergens.

Marinomed Biotech, headquartered in Korneuburg and listed on the Vienna Stock Exchange, is an Austrian biotech company known for the patent-protected Marinosolv platform, which enhances the solubility and bioavailability of poorly soluble compounds for the development of new therapeutics.

The DLA Piper team in Vienna included Partners Maria Doralt, Sabine Fehringer, Christian Temmel, Marc Lager, Dimitar Hristov, and Stephan Nitzl, Counsel Christian Knauder-Sima, Senior Associate Eric Wingert, and Junior Associates Christian Scheucher and Madeleine Albers.

DLA Piper at a Glance

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.

Firm's website.