John Hale

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Asymchem Agrees to Acquire Snapdragon Chemistry

February 12, 2022

Cooley advised Asymchem, a Chinese-based contract development and manufacturing company serving the global pharmaceutical and biotech industry, on its definitive agreement to acquire Snapdragon Chemistry, a US-based chemical technology company. Partner Yiming Liu led the Cooley team.

As a result of the transaction, Asymchem will significantly expand its footprint in the US, offering customers a seamless path from preclinical process R&D through commercial current good manufacturing practice (cGMP) production. Snapdragon will operate as a stand-alone Asymchem division, and continue with its ongoing lab and manufacturing facility expansion for additional capacity to support larger, pilot-scale manufacturing in Waltham, Massachusetts.

"We believe continuous flow manufacturing is a revolutionary technology and represents the future of pharmaceutical production, not only generating advantages to process safety and cost, but also bringing tremendous environmental benefits," Hao Hong, chairman and CEO of Asymchem, said in a news release. "Asymchem has been deeply committed to flow chemistry technology development and its application expansion in the pharmaceutical industry for more than a decade. We are excited that this strategic acquisition will further strengthen our capabilities in continuous manufacturing, as well as broadening our service scope and client pool."

Related contacts

Yiming Liu
Partner in Charge – Shanghai, Shanghai
Yiying Wang
Associate, Shanghai
Keke Wu
Associate, Hong Kong
Yunxiang Xu
Associate, Shanghai
Howard Morse
Partner, Washington DC
Christopher Kimball
Partner, Washington DC
Bill Christiansen
Partner, Seattle
Aaron Pomeroy
Partner, Colorado
Kathleen Goodhart
Partner, San Francisco
Rama Padmanabhan
Partner, San Diego
John Hale
Senior Counsel , Palo Alto
John Lavoie
Partner in Charge – Reston, Reston
Sonia Nath
Partner, Washington DC
Andrew Harline
Partner, Singapore
Bridget R. Reineking
Special Counsel, Washington DC
Natasha Leskovsek
Of Counsel, Washington DC
Peter Crain
Special Counsel, Reston
Stella Sarma
Special Counsel, Brussels
Bronwyn L. Roberts
Special Counsel, Boston
Karen Tsai
Special Counsel, Washington DC
Dillon Martinson
Special Counsel, Washington DC
Erica Russell
Associate, San Francisco
Gwenlynne Lee
Counsel, Singapore
Zoë Helstrom
Associate, San Francisco
Sai Yarramalla
Associate, Palo Alto
Patrick Sharma
Associate, Los Angeles Santa Monica
Katie MacDowell
Associate, Reston
Sarah Oliai
Associate, Washington DC
Kate Walther
Paralegal Specialist, San Diego

Related Practices & Industries

Cedar Closes $102 Million Series C

July 17, 2020

Cooley advised Cedar in its $102 million Series C financing led by Andreessen Horowitz. Partner Sacha Ross led the Cooley team advising Cedar, a patient engagement and healthcare financial technology platform.

Related contacts

Sacha Ross
Partner, New York
Robert Warshaw
Associate, New York
Chloe Kaufman
Associate, New York
John Hale
Senior Counsel , Palo Alto

Related Practices & Industries

Rankings & accolades

Best Lawyer in America: Banking and Finance Law (2013 – 2019)