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One Drop Launches Global Commercial Partnership with Bayer

Published: 09-17-2019

Vinson & Elkins advised One Drop, a leader in the development of digital therapeutic solutions for diabetes and other chronic conditions, in connection with a $40 million Series B financing, led by Bayer, one of the largest pharmaceutical companies in the world.

Bayer has also entered a commercial licensing agreement to use One Drop's platform in Bayer's global bio-digital efforts in therapeutic areas such as oncology, cardiovascular disease and women's health.

The V&E corporate team was led by partner Paul Tobias and counsel Andy Smetana with assistance from associates Ben Cukerbaum and Vaughn Miller. Also advising was partner Damara Chambers.

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