Cooley Advises Alder Biopharmaceuticals on Initial Public Offering

Seattle – May 14, 2014 – Cooley LLP announced today that it advised Alder Biopharmaceuticals, Inc. on its $80 million initial public offering. Alder is a Washington-based clinical-stage biopharmaceutical company that discovers, develops and seeks to commercialize therapeutic antibodies with the potential to meaningfully transform current treatment paradigms. Alder is currently developing two lead product candidates: ALD403, an investigational monoclonal antibody for migraine, and Clazakizumab, an investigational monoclonal antibody for rheumatoid arthritis and other autoimmune indications, in collaboration with Bristol-Myers Squibb.  The company now trades on the NASDAQ Global Stock Market under the symbol "ALDR."

The Cooley corporate and securities team advising Alder was led by partners Sonya Erickson and John McKenna and included associates Julia Conway, Alan Hambelton, Michael Pirog and Yuri Weigel. Critical support for the offering was provided by partners Renee Deming and Amy Wood and special counsel Jeannie Leahy (compensation & benefits); partners Natasha Leskovsek and Marya Postner (regulatory & licensing); and partners Mark Windfeld-Hansen and Susan Philpot (tax).

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Cooley's attorneys solve legal issues for entrepreneurs, investors, financial institutions and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and bet-the-company litigation, often where innovation meets the law.

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Related Contacts
Susan Cooper Philpot  Retired Partner San Francisco
John McKenna  Partner Palo Alto
Marya Postner  Partner Palo Alto
Amy M. Wood  Partner San Diego
Sonya Erickson  Partner Seattle
Natasha Leskovsek  Of Counsel Washington, DC
Alan Hambelton  Partner Seattle
Renee Deming  Retired Partner Palo Alto
Mark Windfeld-Hansen  Senior Counsel Palo Alto
Julia Stark  Associate Seattle
Yuri Weigel  Special Counsel Seattle