Khaitan & Co advises Embio on securing investment from True North

Embio Limited has secured an investment from True North, pursuant to which the investor has acquired a minority stake in the company.

Khaitan & Co advised Embio on all legal aspects of the transaction.

The transaction was led by Bhavik Narsana (Partner), with support from Ipshita Dey (Senior Associate), Associates Kamayani Mittal, Pragya Mishra and Sakshi Mehta.

Legal Due Diligence (Legal DD): Bhavik Narsana (Partner), Shweta Dwivedi (Consultant), Associates Kamayani Mittal and Pragya Mishra.

Employment for Legal DD: Deepak Kumar (Partner) and Ananya Gandhi (Associate).

Intellectual Property for Legal DD: Shailendra Bhandare (Partner), Janaksinh Jhala (Counsel), Abhishek Kumar (Principal Associate), Vaishali Adhikari (Senior Associate) and Shouraseni Chakraborty (Associate).

Real Estate for Legal DD: Amit Wadhwani (Partner), Mudit Shah (Partner), Pavithra Thammaiah (Partner), Shrey Bheda (Principal Associate), Associates Hanumant Chauhan, Nidhi Marakana and Esha Sanjyot Shah.

Litigation for Legal DD: Raj R. Panchmatia (Partner), Peshwan Jehangir (Partner), Divya Chaturvedi (Partner), Srishti Rai (Counsel), Ayush Jain (Senior Associate), Niyathi Kalra (Senior Associate), Chandan Kumar (Associate).

Embio specializes in the manufacturing of complex, high value APIs and advanced intermediates with deep expertise in synthetic biology and precision fermentation. The Company has established a leadership position in controlled substances across several therapeutic areas, including nasal decongestants, ADHD, Parkinson’s diseases, anti-epileptics, among others.

The proceeds from this investment will fuel Embio’s next phase of growth through investments in R&D, talent acquisition, capacity expansion at its Dahej facility, and the scaling of its CDMO business.

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