INDUSTRY
Life Sciences
& Healthcare
The life sciences and healthcare industry is growing across Central and Eastern Europe. Indeed, the region is poised to become a major centre of healthcare research and manufacturing in the coming years. Many universities conduct cutting-edge life sciences research and there has been a significant increase in companies manufacturing drugs and other healthcare materials in the region. This creates significant opportunities for companies and investors in the region and beyond.
Our experts advise clients on all phases of their projects, from R&D to manufacturing and sales. We can offer help on a wide range of legal issues, including intellectual property and data protection, compliance and enforcement, litigation, transactions and public procurement. We can also help companies navigate the strict regulations governing the industry and advise them on antitrust and competition issues.
Publications by PRK on regulation of pharma industry (2023-24)
References
Mergers & Acquisitions / Food, Drugs and Medical Devices
Our longstanding client Teva Czech Industries s.r.o. and TAPI Czech Industries s.r.o., a leading global manufacturer of generic pharmaceuticals, in a major corporate reorganization involving the spin off part of the company focused on the development, production and sale of active pharmaceutical ingredients and plant extracts into a separate business entity.
Mergers & Acquisitions / Food, Drugs and Medical Devices
Sonoco Products Company on the Czech law aspects of the sale of Sonoco’s ThermoSafe business unit, one of the leading providers of temperature assurance technologies, to Arsenal Capital Partners, a leading private equity investment firm specializing in building market-leading industrial growth and healthcare companies.
Advisory to University Hospital Ostrava on a large-scale investment in the reconstruction of healthcare facilities. University Hospital Ostrava is the largest healthcare facility in the Moravian-Silesian Region and belongs to the critical/strategic infrastructure of the region, providing healthcare to approximately 1.2 million inhabitants.
Comprehensive legal support to long-term client Teva Czech Industries s.r.o. and TAPI Czech Industries s.r.o., from the group of a leading global generic drug manufacturer, in a fundamental reorganization of its corporate structure. The primary objective of this project was to spin off the part of the company focused on the development, production and sale of active pharmaceutical ingredients and plant extracts into a separate business entity.
Long-term representation of VERMONT s.r.o. during the development of a specialized medical facility in Zábřeh - Alzheimer's center with a capacity of 450 beds built in 2017-18, and its lease to the operator. In November and December 2021, we assisted the client in transferring the lease and negotiating with the current long-term tenant Alzheimercentrum from the Creditas Group in change of control and takeover of the facility by Penta Hospitals, a major provider of health and social services in the Czech Republic. The key issues in this transaction were guarantees and maintaining the terms of the lease. The facility in Zábřeh is one of the large providers of care for clients suffering from Alzheimer's disease and other types of dementia.
