Dentons Advises Coldplasmatech on Strategic Investment from Royal Biologics.
Global law firm Dentons has assisted Coldplasmatech GmbH, a leading medical technology manufacturer, in securing equity financing and a strategic investment from the US-based Royal Biologics. This significant partnership is expected to drive the development of Coldplasmatech’s cutting-edge wound healing technology and expand its market presence.
Coldplasmatech, based in Greifswald, Germany, emerged as a spin-off from the Leibniz Institute for Plasma Research e.V. The company has developed the world’s first active dressing for treating chronic wounds. By utilizing cold, physical plasma, the dressing protects wounds from bacterial infections and promotes cellular regeneration, offering a revolutionary solution for patients suffering from chronic, hard-to-heal wounds.
Royal Biologics, a leading player in the orthobiologics and life sciences sector, is based in New Jersey, USA. The company specializes in advancing innovative healing solutions for wound care and orthobiologics. With this strategic investment, Royal Biologics aims to collaborate with Coldplasmatech to further develop its plasma-based wound healing technology and introduce it to new markets globally. This partnership will leverage both companies' expertise and resources to drive innovation in the medical field.
Carsten Mahrenholz, CEO and founder of Coldplasmatech, shared his excitement about the partnership, calling it "a decisive milestone for plasma medicine." He added that the collaboration provides "the prospect of effective treatment for infected wounds that are slow to heal for patients worldwide."
This partnership is set to enhance Coldplasmatech’s ability to address a critical need in the healthcare industry, providing a promising new treatment option for patients around the world.
The Munich-based Dentons team, led by partner Christopher Mayston, provided Coldplasmatech with comprehensive legal support throughout the transaction process.
Dentons is the world’s largest law firm, known for its exceptional global reach and client-focused approach. With a presence in over 80 countries, Dentons offers a wide range of legal services to businesses, governments, and individuals. The firm provides innovative solutions across industries, leveraging its diverse expertise and deep local knowledge to address complex legal challenges. Dentons is recognized for its commitment to diversity, inclusion, and sustainability, consistently ranking among the top firms worldwide.
Dentons Advises Weifang Guokong on Successful CNY 481M Bond Issue