Biogen to Acquire Reata Pharmaceuticals

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Vinson & Elkins advised Reata Pharmaceuticals Inc. (“Reata”), a global biopharmaceutical company committed to developing and commercializing novel therapeutics for patients with serious or life-threatening diseases, in its entry into a definitive agreement under which Biogen Inc. has agreed to acquire Reata for $172.50 per share in cash, reflecting an enterprise value of approximately $7.3 billion.

The Vinson & Elkins team was led by partners Lande SpottswoodRobert Kimball and Katherine Frank and senior associate Sang Lee, with assistance from senior associate Grace-Ann Duquette and associates Luke StrieberJack PetersonNina RamachandranKatherine Harclerode and Patience Li. Other key team members were partners David Peck and Brian Russell, counsel Peter Rogers and associate Maddie Brown; partner Shane Tucker, counsel Missy Spohn and Kat Mull and associates Matt Green and Kenneth Strain; partner Sean Becker and associate Andrew Cox; partners Kara Kuritz and Hill Wellford, senior associate Ryan Will and associate Alex Rant; partner Rick Sofield; counsel Brian Howard; counsel Elizabeth McIntyre; counsel Rajesh Patel and associate Warner Scott; and partner Sarah Mitchell.

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