Top 10 Legal Advisors in Medical Industry in the World in 2022 by Deal Volume
Wilson Sonsini Goodrich & Rosati Professional Corp, Latham & Watkins LLP, Kirkland & Ellis LLP, White & Case LLP, and Goodwin Procter LLP are among the top 5 legal advisors in the medical industry in 2022 by deal volume. The GlaxoSmithKline-Sierra Oncology was a major deal in the medical sector in 2022. Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates and Wilson Sonsini Goodrich & Rosati Professional Corp served as legal advisors to Sierra Oncology Inc, while Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor to GSK. GlaxoSmithKline Plc, a pharmaceutical company, has acquired Sierra Oncology Inc, a biopharmaceutical company focused on targeted therapies for the treatment of rare forms of cancer, for $55 per share of common stock in cash representing an approximate total equity value of $1,900 million. This acquisition expands GSK's oncology portfolio, demonstrating its commitment to improving patient outcomes and creating value for shareholders. VillageMD-Summit Health was one of the major deals in the medical sector in 2022. Latham & Watkins LLP, Wachtell, Lipton, Rosen & Katz, and Sidley Austin LLP served as legal advisors to VillageMD, while White & Case LLP, Alston & Bird LLP, McDermott Will & Emery LLP, and Cleary Gottlieb Steen & Hamilton LLP served as legal advisors to Summit Health Inc. VillageMD, a provider of primary care management services for healthcare organizations, which facilitates better clinical care and success in value-based care, has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care, for a purchase consideration of $8,900 million from Walgreens Boots Alliance, Inc. and an affiliate of Evernorth, a subsidiary of Cigna Corporation.