Advanced Accelerator Applications S.A, a French radiopharmaceutical company specialized in the field of Molecular Nuclear Medicine, announced the public offering of 3,947,369 American Depositary Shares (ADS). The offering closed on October 12, 2016; gross proceeds of the sale of the ADSs was approximately US $172.5 million.

J.P. Morgan Securities, Jefferies LLC and Wells Fargo Securities, LLC acted as joint book-running managers for the offering. Canaccord Genuity Inc. and JMP Securities LLC acted as co-managers.

A cross-border team of Dechert lawyers led by Philadelphia/New York-based corporate partner James Lebovitz represented the underwriters on this financing. Also included on the team are Philadelphia-based corporate associates Gregory Schernecke, Terence Bokosha, and Nick Carroll; Paris-based corporate partner Matthieu Grollemund and associate Quentin Durand; New York-based intellectual property partner Thomas Rayski; and Washington D.C.-based international trade associate Darshak Dholakia