Davis Polk advised Advanced Accelerator Applications S.A. (AAA) on its $75 million initial public offering of 4,688,000 American Depositary Shares (ADSs) representing its ordinary shares. Each ADS represents two ordinary shares of AAA. The ADSs are listed on the NASDAQ Global Select Market under the symbol “AAAP.”
Based in Saint Genis Pouilly, France, AAA is a French radiopharmaceutical company founded in 2002 to develop innovative molecular nuclear medicine products. AAA’s main focus is in the field of molecular imaging and targeted, individualized therapy for the management of patients with serious conditions.
The Davis Polk corporate team included partner John G. Crowley, associates Yasin Keshvargar and Amir Nezar. Partner Jacques Naquet-Radiguet, associate Patrick Dupuis and former associates Jerome Sibille and Yosra Jarraya provided French law advice. The tax team included partner Rachel D. Kleinberg and associate Sam R. Van Peperstraete. The intellectual property and technology team included partner Pritesh P. Shah and associate Kimberly (KyungEun) Won. Associates Elina Teboul and Denise Yablonovich provided 1940 Act advice. Members of the Davis Polk team are based in the New York, Paris and Menlo Park offices.