Strand Life Sciences, a firm founded by Indian Institute of Science (IISc) professors, is acquiring a 68% stake in a US-based diagnostic firm Venaxis, to offer personalized treatment to cancer patients in the USA.

Trilegal acted as domestic legal counsel for Strand LS while Baker & Hostetler LLP acted as international counsel.

The Trilegal team was led by Bangalore Partner Kosturi Ghosh along with Senior Associate Ipsita Chowdhury and Associates Vallishree Chandra and Radhika Sarkar.

The Baker & Hostetler team was led by Parter Rajiv Khanna.

Majmudar & Partners and Ballard Spahr LLP acted for US firm Venaxis. The Majmudar team was led by Partner Rudshad Davar while Ballard Spahr LLP team included Partner Mary Mullany and Craig Circosta.