Creative use of IP portfolios helps secure financing; decreased availability of capital from traditional sources puts a premium on alternative routes

Article Abstract:

A biotechnology company in its development stage must know the value of its intellectual property (IP) portfolio before seeking financing, and valuation starts with an inventory and assessment of the portfolioand the company's competitive position. Public funding sources for small biotechnology companies include the Federal Small Business Innovation and Research Program and several state programs combining loans, tax breaks and other incentives to help foster and finance biotechnology development.Private sector sources include networks by investors and professionals to help entrepreneurs obtain financial backers.

Biotechnology industry, Biotechnology industries, Finance, Patent licenses, Patent licensing, Valuation

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In-house legal counsel adapt in shifting times; with increased competition from outside law firms, staff lawyers must continue to innovate

Article Abstract:

Corporate counsel retains its edge over outside law firms despite the leaner and more competitive stance many firms have assumed in the past two decades. In-house lawyers can offer service better tailored to their employer's needs at a competitive or superior economic cost and with better predictability. They are also at the leading edge of change regarding technology and other aspects of the profession in the greatest flux. An in-house position is in many ways the most exciting available to business lawyers.

Planning

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ACCA puts focus on changes in profession; association has championed multijurisdictional practice and multidisciplinary practice

Article Abstract:

The focus of the advocacy activities of the American Corporate Counsel Ass'n (ACCA) on multijurisdictional and multidisciplinary practice is discussed. The ACCA has also fought to protect the confidential communications of corporate attorneys and continued its tradition of pro bono service to the elderly.

Services, Associations, American Corporate Counsel Association

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