Constant technical advances, unprecedented global turmoil, and an increasing regulatory burden pose opportunities and challenges for the life sciences industry. To help clients succeed in this changing environment, Venable’s experienced legal counsel combine a firm grasp of legal precedent and procedure with a solid understanding of technology and business strategy.
We work with life sciences companies at every stage—including research institutions spinning out start-up companies, emerging businesses, and established, publicly traded companies. Our Life Sciences attorneys span all relevant disciplines—including intellectual property (IP), real estate and land use (zoning), corporate finance, government relations, litigation, and regulatory.
Our View of Industry Dynamics
Life sciences companies face technical, commercial, and legal concerns that distinguish them from other industries. Venable attorneys take these factors into account in creating and implementing successful client strategies.
- Advanced research requires a significant financial investment over a long period of time to develop a new commercial product
- Intellectual property is crucial to protect the investment in research and to gain competitive advantage
- Collaboration is common between companies and research institutions to solve complex scientific challenges
- Commercial products are subject to extensive regulatory oversight from federal agencies, notably the Food and Drug Administration, Department of Health and Human Services, Environmental Protection Agency, Department of Agriculture, and Department of Defense
- Commercial products can be high-profit blockbusters, and require special marketing to end users and life sciences professionals