Press Release

Cooley Advises Cara Therapeutics on its Initial Public Offering

February 6, 2014

New York – February 6, 2014 – Cooley LLP announced today that it advised Cara Therapeutics, Inc. on its $55 million IPO. Cara Therapeutics, a biotechnology company focused on developing novel therapeutics to treat human diseases associated with pain and inflammation, now trades on the NASDAQ Global Stock Market under the symbol "CARA."

The Cooley corporate and securities team advising Cara was led by partner Bo Yaghmaie and included partners Darren DeStefano and Stephane Levy and associates Hosea Chang, Alexander Rea, Brandy Ellis, Steve Bielecki, Jenny Baer Tuohy, and Rachel High. Critical support for the offering was provided by partner Thomas Blinka and associate Sandhya Deo (intellectual property); partners Natasha Leskovsek and Wendy Goldstein and associate Jennifer Shanley (healthcare and life sciences regulatory); partner Dave Walsh (compensation and benefits); and partners Mike Faber and Mark Windfeld-Hansen (tax).

This offering follows Cooley's record year for capital markets work in 2013 in which the firm advised on 60 public offerings, including 23 IPOs, raising more than $8.4 billion.

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