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Innovation Development & Licensing

Goulston & Storrs’ interdisciplinary team counsels non-profit and for-profit clients throughout the cycle of innovation and commercialization. We help our clients navigate intellectual property affecting their operations, including copyright, patents, trade secrets and know-how. We advise both non-profit academic and research institutions, and for-profit ventures across all aspects of technology development and innovation, including in the fields of biotechnology, life sciences, pharmaceuticals, medical devices, privacy & security, hardware, software and multi-media. We regularly craft and negotiate successful relationships for research, development, technology transfer, joint ventures, licensing, finance, manufacturing, OEM, VAR and more.

Our extensive experience also includes:

  • Bio-tech and hi-tech facilities development
  • Cross-border collaborations
  • Dispute resolution
  • Ethics and conflicts of interest
  • Institutional consulting
  • Incubation of new technologies
  • Intellectual property strategies
  • Joint ventures and consortia
  • Licensing
  • Mergers and acquisitions
  • Regulatory compliance, including export controls, FDA, HIPAA, Anti-Kickback and Stark laws
  • Reimbursement matters
  • Spin-outs
  • Sponsored research (corporate, foundation and governmental)
  • Tax-exempt structuring and compliance

Representative Projects and Transactions

  • A joint venture in genetics and genomics among two academic medical centers and a major medical school, including creation of more than $20 million in corporate collaboration arrangements, corporate-sponsored research, licensing and service agreements, government and foundation research programs and HIPAA, Anti-Kickback and other regulatory compliance. 
  • $280 million monetization of royalty stream from patented pharmaceutical product on behalf of an academic medical center. 
  • Formation and expansion of an innovative model for corporate-sponsored, independent, multi-media, curriculum-based continuing medical education in psychiatry and other specialties. 
  • Creation of a suite of license, OEM, VAR, and development agreements for multi-national telecommunications technology company. 
  • General counsel to a consortium focused on innovative medical technologies, formed on behalf of academic medical centers and prominent universities, including the expansion of the consortium into the United Kingdom. 
  • Technology transfer, sponsored research agreements, equity investment transactions, and analysis of a variety of non-profit issues, for a major chain of non-profit teaching and research hospitals. 
  • In-licensing and out-licensing of small molecule and anti-body technologies, double-transgenic mice and blood-brain barrier databases for an early stage biopharmaceutical company. 
  • Retained advisors to universities in the formation, operation and expansion of technology transfer offices.

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