Strategic alliance in medical diagnostics

Our client had the technology and the IP but not the market presence. A major pharmaceutical company needed a portfolio of diagnostic products. We assisted our client in a lengthy negotiation over a partnership arrangement that allowed both companies to prosper. While IP was an important part of the transaction, we assisted in creating contractual protection of the client’s business interests, particularly in the event of a separation. We have continued to assist the client with amendments and interpretations that reflect a continuing evolution of the relationship and of the market.