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Transactions

May 25, 2016

Biopharmaceutical company leans on Weil attorneys for $467M sale

XenoPort Inc., a Redwood City-based biopharmaceutical company with a pipeline of drugs approaching late-stage trials, will be sold to Atlanta-based Arbor Pharmaceuticals LLC.

By Banks Albach
Daily Journal Staff Writer

Atlanta-based Arbor Pharmaceuticals LLC plans to buy XenoPort Inc., a Redwood City-based biopharmaceutical company with a pipeline of drugs approaching late-stage trials, for roughly $467 million. The deal was announced Monday.

Simpson Thatcher & Bartlett LLP and Alston & Bird LLP are advising Arbor and Weil, Gotshal & Manges LLP is advising XenoPort.

Arbor, focuse...

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