Adragos Pharma GmbH signed a definitive agreement to acquire Lamda Laboratories S.A. from Clinigen Limited on March 20, 2023. Under a pharmaceutical development services agreement, Lamda will continue to provide services for Clinigen Limited. The completion of the transaction is subject to customary conditions precedent.

Greenhill & Co. International is serving as financial advisor and White & Case LLP as legal advisor to Clinigen. Truist Securities acted as buy-side advisor to Adragos Pharma GmbH.