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Latham & Watkins Advised Evoke Pharma on Acquisition by QOL Medical
Pharma, Inc. (NASDAQ: EVOK) (Evoke), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTIĀ® (metoclopramide) nasal spray, and QOL Medical, LLC (QOL Medical), a privately held biopharmaceutical company specializing in treatments for GI and rare diseases, have announced that they have entered into a definitive agreement pursuant to which QOL Medical will acquire Evoke for US$11 per share in cash at closing. The transaction has been unanimously approved Evoke by the Boards of Directors of both companies and will be conducted via a tender offer.
The Latham & Watkins LLP team was led by Daniel Rees (Partner), San Diego (Partner), Matthew Bush (Partner), Holly Bauer (Partner), Betty Pang (Partner), Pardis Zomorodi (Partner), Christine Mainguy (Partner), Steven Chinowsky (Partner) and Heather Deixler (Partner) with Anthony Gostanian (Counsel), Chad Jennings (Counsel), Darryl Steensma (Counsel), Robert Yeh (Counsel) and Lindsey Utrata (Counsel), Shannon Cheng (Associate), Amy Lutfi (Associate), Ashley Campfield (Associate), Joanna Yam (Associate), Shelby Harrison (Associate), Julie Voorhes (Associate), Tessa Young (Associate), Kristina Funahashi (Associate) and Kathryn Parsons-Reponte (Associate) with Chloe Wallance (Assistance).
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