WilmerHale Advising AVEO Oncology in Sale to LG Chem

WilmerHale Advising AVEO Oncology in Sale to LG Chem

Client News
WilmerHale is advising AVEO Oncology on its pending sale to LG Chem in an all-cash transaction with an implied equity value of approximately $566 million. Headquartered in Massachusetts, AVEO Oncology is a biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer. In 2021, AVEO Oncology received FDA approval for FOTIVDA® (tivozanib), the first therapy approved for adult patients with relapsed or refractory advanced renal cell carcinoma. 
 
Based in Seoul, South Korea, LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials and life sciences.
 
The WilmerHale team advising AVEO Oncology includes Cynthia Mazareas, Joseph Conahan, JC Minko, Ryan Brewer, Milan Kumar and Virginia Pavlick.

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