Oyster Point Pharma to Be Acquired by Viatris

New York – November 9, 2022 – Cooley advised Oyster Point Pharma, a top ophthalmology-focused biopharmaceutical company, on its definitive agreement to be acquired by global healthcare company Viatris. Partners Mika Reiner Mayer, Brandon Fenn, Div Gupta and Ian Nussbaum led the Cooley team advising Oyster Point Pharma.

Under the terms of the agreement, Viatris will commence a tender offer to purchase all outstanding shares of Oyster Point Pharma for $11 per share in cash at closing, plus a contingent value right for a potential cash payment of up to $2 per share upon achievement of specified performance targets by Oyster Point Pharma for full year 2022. The transaction will serve as the cornerstone of Viatris’ capabilities in ophthalmology and aligns with a shared vision to improve patient access to sustainable and high-quality medicine.

Oyster Point Pharma is a commercial-stage biopharmaceutical company focused on the discovery, development and commercialization of first-in-class pharmaceutical therapies to treat ophthalmic diseases.

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Related Contacts
Mika Reiner Mayer  Partner Palo Alto
Brandon W. Fenn  Partner New York
Div Gupta  Partner New York
Sarah Lightdale  Partner New York
Eileen Marshall  Partner Washington, DC, Palo Alto
Howard Morse  Partner Washington, DC
John Paul Oleksiuk  Partner New York, Los Angeles – Santa Monica
Nyron J. Persaud  Partner New York, Chicago
John Robertson  Partner in Charge – Seattle Seattle
Charity Williams  Partner San Diego
Natasha Leskovsek  Of Counsel Washington, DC
Ryan Montgomery  Special Counsel Boston
Thomas Welk  Senior Counsel San Diego
Nathan Baum  Associate New York
Kimberly Bolin  Patent Agent Palo Alto
Julia R. Brinton  Associate Washington, DC
Cara Buchicchio  Associate New York
Colette Ghazarian  Associate Los Angeles – Downtown, Los Angeles – Santa Monica
Liz Gold  Associate New York
Amanda Griggs  Associate New York
Edward (Teddy) Nimetz  Associate New York
Ryan Walker  Associate New York