Davis Polk advised the joint book-running managers and representatives of the underwriters in connection with the approximately $128 million follow-on offering by Orchard Therapeutics plc of 9,000,000 American Depositary Shares, each representing one ordinary share. The ADSs are listed on the
Nasdaq Global Select Market under the symbol “ORTX.”
Headquartered in London, United Kingdom, Orchard Therapeutics is a fully integrated commercial-stage biopharmaceutical company dedicated to transforming the lives of patients with serious and life-threatening rare diseases through innovative gene therapies. Orchard’s advanced portfolio of autologous ex vivo gene therapies targets serious and life-threatening rare diseases, initially primary immune deficiencies, neurometabolic disorders and hemoglobinopathies.
The Davis Polk capital markets team included partner Deanna L. Kirkpatrick and associates Rahim Manji and Cameron Adamson. Partner David R. Bauer and associate Tilak Koilvaram provided intellectual property and technology advice. The tax team included partners Po Sit and Jonathan Cooklin and associates Rosie Upstill and Jonathan Saltz. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York and London offices.