Katan Associates and Biominas Announce Strategic Alliance to Leverage Global Business
12/29/2009
Los Angeles, California and Belo Horizonte, Brazil, November 3rd, 2009 – Katan Associates, a global strategic consulting firm and corporate finance advisory group focused on life sciences, and Biominas, a private company dedicated to create and develop life science companies in Brazil, announce the establishment of a strategic partnership to jointly advise high potential Brazilian life science companies in global strategy, partnering, financing, and merger and acquisition transactions. The partners will combine their skills and expertise to offer outstanding services and generate value and results to their clients. Katan and Biominas will keep independent structures that will work together on specific projects.
"This alliance with Katan Associates will allow Biominas to expand its business development activity, leveraging our global outreach and benefiting our clients", said Eduardo Soares, President of Biominas. "The life science and biotechnology industry in Brazil is relatively young and, so far, had been focused on the domestic market. Nevertheless, several companies have reached a level of maturity that will drive their international expansion. Biominas together with Katan will help those first-rate companies to establish a global strategy and foster partnerships without borders."
"We are extremely excited about the opportunity that exists within the Life Sciences sector in Brazil", said Stan Yakatan, Chairman of Katan Associates. "We are very interested in helping to expand and grow the technologies developed within Brazil for commercialization domestically and internationally. Our partnership with Biominas comes after several years of development and mutual respect. Biominas is the pre-eminent provider of services and programs for the Brazilian Life Sciences industry and we are very fortunate to have been able to forge and alliance with such a market leader. We look forward to the opportunity to assist in the commercialization efforts of several great Brazilian technologies and companies during fiscal 2010."
About Katan Associates
Katan Associates is a global strategic consulting firm and corporate finance advisory group focused on Life Sciences. Our mission is to add value to technology based companies, via the implementation of operational and corporate capitalization strategies that can create and build long-term shareholder value. Katan is not a traditional strategic consulting firm. Because we work with a carefully selected group of clients each year, our role with our client companies goes far beyond a simple evaluation or the completion of a single transaction. Katan's operational and capitalization strategies for Life Sciences companies have been delivered on a successful basis for over a decade.
For more information on Katan Associates, please visit: www.katanassociates.com
About Biominas
Biominas is a private company dedicated to create and develop life science companies in Brazil since 1990. We support companies offering consulting services such as business planning, identification of potential strategic partners, capital raising and counseling on regulatory affairs and intellectual property. Biominas is also involved in structuring investment programs and funds and in the organization of high impact events and courses. Over the years, we have established a strong expertise in the analysis of business opportunities in life sciences and a wide network that allows identifying and fostering opportunities both inside and outside Brazil.
For more information on Biominas, please visit: www.biominas.org.br
Katan Associates Inc. Contact
Seth Yakatan, Partner
Office: +1 310-374-0808
Fax: +1 310-374-0803
Biominas Contact
Eduardo Soares, CEO
Office: +55 (31) 3303-0001
Fax: +55 (31) 3303-0030
