Ropes & Gray Advises Profex in Joint Venture with HRA-Pharma SAS for Exclusive Distribution of Dermatology Products in Greater China
Ropes & Gray advised dermatology company Profex Inc. in the establishment of an equity joint venture and exclusive distribution relationship with Paris-based HRA-Pharma SAS. Under the terms of the agreement, Profex will be the exclusive distributor of, and HRA will be the exclusive supplier of, Compeed branded wound care and related dermatology products for China, Hong Kong and Macau. Profex was granted certain exclusive interests in other compromised skin products developed and manufactured by HRA.
The Ropes & Gray team included strategic transactions partner Arthur Mok (Shanghai) and strategic transactions associates Alyce Chen and Zack Gong (both of Shanghai).