White & Case Advises on Intra-Cellular Therapies, Inc.'s US$295 Million Public Offering
Global law firm White & Case LLP has advised J.P. Morgan Securities LLC, SVB Leerink LLC and Evercore Group L.L.C., as underwriters, on leading biopharmaceutical company Intra-Cellular Therapies, Inc.'s approximately US$295 million public offering.
The offering included 10 million shares of Intra-Cellular Therapies common stock at a public offering price of US$29.50 per share.
Intra-Cellular Therapies is a biopharmaceutical company founded on Nobel Prize–winning research that allows it to understand how therapies affect the inner workings of cells in the body. The company leverages this intra-cellular approach to develop innovative treatments for people living with complex psychiatric and neurologic diseases. The offering follows Intra-Cellular Therapies recent announcement that the US Food and Drug Administration has approved its drug lumateperone for the treatment of schizophrenia in adults.
The White & Case team was led by partner Stuart Bressman (New York), and included partner Anita Varma (Boston) and associates Alok Choksi, Samuel Chan (both New York) and Yang Xu (Silicon Valley).
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