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8-K - 8-K - MOMENTA PHARMACEUTICALS INCa15-9306_28k.htm
EX-10.1 - EX-10.1 - MOMENTA PHARMACEUTICALS INCa15-9306_2ex10d1.htm

Exhibit 5.1

 

 

John Hancock Tower, 27th Floor

 

200 Clarendon Street

 

Boston, Massachusetts 02116

 

Tel: +1.617.948.6000

Fax: +1.617.948.6001

 

www.lw.com

FIRM / AFFILIATE OFFICES

 

Abu Dhabi

Milan

 

Barcelona

Moscow

 

Beijing

Munich

 

Boston

New Jersey

 

Brussels

New York

 

Century City

Orange County

 

Chicago

Paris

 

Doha

Riyadh

 

Dubai

Rome

April 21, 2015

Düsseldorf

San Diego

 

Frankfurt

San Francisco

 

Hamburg

Shanghai

 

Hong Kong

Silicon Valley

 

Houston

Singapore

 

London

Tokyo

Momenta Pharmaceuticals, Inc.

Los Angeles

Washington, D.C.

675 West Kendall Street

Madrid

 

Cambridge, Massachusetts 02142

 

 

 

Re:                             Registration Statement on Form S-3 (Reg. No. 333-188227);  Shares of Common Stock, $0.0001 par value per share, having an aggregate offering price of up to $75,000,000

 

Ladies and Gentlemen:

 

We have acted as special counsel to Momenta Pharmaceuticals, Inc., a Delaware corporation (the “Company”), in connection with the sale by the Company of shares (the “Shares”) of common stock, $0.0001 par value per share (the “Common Stock”), having an aggregate offering price of up to $75,000,000, pursuant to (i) a registration statement on Form S-3 (as amended, the “Registration Statement”), under the Securities Act of 1933, as amended (the “Act”), filed with the Securities and Exchange Commission (the “Commission”) on April 30, 2013 (Reg. No. 333-188227), (ii) a base prospectus dated February 27, 2015 (the “Base Prospectus”), (iii) a related prospectus supplement dated April 21, 2015 filed with the Commission pursuant to Rule 424(b) under the Act (together with Base Prospectus, the “Prospectus”)  and (iv) that certain At-the-Market Equity Offering Sales Agreement, dated as of April 21, 2015, by and between the Company and Stifel, Nicolaus & Company, Incorporated (the “Sales Agreement”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the Prospectus, other than as expressly stated herein with respect to the issue of the Shares.

 

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the General Corporation Law of the State of Delaware, and we express no opinion with respect to the applicability thereto, or the effect thereon, of the laws of any other jurisdiction or, in the case of Delaware, any other laws, or as to any matters of municipal law or the laws of any local agencies within any state.

 



 

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers, upon issuance, delivery and payment therefor in an amount not less than the par value thereof in the circumstances contemplated by the Sales Agreement, the issue and sale of the Shares will have been duly authorized by all necessary corporate action of the Company and such Shares will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that (i) the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the General Corporation Law of the State of Delaware and (ii) upon the issue of any of the Shares, the total number of shares of Common Stock issued and outstanding will not exceed the total number of shares of Common Stock that the Company is then-authorized to issue under its Third Amended and Restated Certificate of Incorporation.

 

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Company’s Form 8-K dated April 21, 2015 and to the reference to our firm contained in the Registration Statement and the Prospectus under the heading “Legal Matters.” In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

 

 

Very truly yours,

 

 

 

/s/ Latham & Watkins LLP

 

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