Medical device companies face challenges on multiple fronts, including the science, the business, and the regulations. We provide a unified team that can meet needs and become integrated with a company’s overall strategy.
The science
Properly protecting your intellectual property is the foundation to business success. It enables you to secure financing, attract executives, and develop products. We have a strong patent team with backgrounds in technology, ranging from electrical engineering and software to chemical engineering and the biological sciences, which can procure the necessary patents and protect companies against possible claims of infringement.
We also have a team of lawyers who work closely with research institutions. These attorneys are very strong at handling issues related to spinning technology or companies out of those organizations and can help structure a technology transfer deal to acquire the rights you need.
The business
We provide the full range of corporate services that an emerging medical device company needs, including assisting with corporate formation, angel and venture finance, and strategic investments from larger companies. We have strong relationships with many financing sources and can help companies identify possible investors.
We also provide the full range of services that make up an outside general counsel package, including contracts, employment, noncompete agreements, tax, immigration, and real estate. We do this under the leadership of a single relationship partner who ensures all services are provided appropriately and consistently with the company’s business needs and strategy.
If the company decides the right course is to sell the business, we have substantial experience selling medical device companies to industry leaders. If the sale is to a foreign company and the company’s technology is considered sensitive, we excel at identifying and securing approvals from the necessary government agencies.
The regulations
Medical device companies are subject to a variety of health care-related regulations. With one of the strongest health care teams on the West Coast, we are well-positioned to help companies comply with rules pertaining to clinical research and use of human subjects, HIPAA privacy and security requirements, physician self-referral and anti-kickback, conflicts of interest, and federal funding and other payment matters.
Selected Experience
Business transactions for private medical professional
Representation of a physician in a series of joint ventures for stereotactic radiosurgery, ambulatory surgery, and intraoperative neuromonitoring services, as well various asset purchases, and purchases and sales of limited liability interests. (Ongoing)
Corporate formation for medical device company
Representation of a provider of intraoperative neuromonitoring services in its ongoing business activities. (Ongoing)
Corporate formation for medical device company
Representation of a medical device company focused on developing implants for spine surgery in its corporate formation, private placements of membership interests and ongoing business activities. (Ongoing)
Technology transfer for Cedars-Sinai Medical Center
Handling domestic and foreign patent prosecution, intellectual property licensing, and a variety of research-oriented agreements for a wide range of biotechnical and medical technologies developed at Cedars-Sinai. Supporting Cedars-Sinai's technology transfer operations, and providing strategic counseling to enable Cedars-Sinai to protect, leverage and enforce its intellectual property assets. (Ongoing)
Patent services for Drug Enhancement Company of America, LLC
Prosecuting patent applications and providing transactional due diligence support in connection with proprietary medical devices and consumer products, including the company's MyClyns brand of germ-fighting products, described here: www.myclyns.com. (Ongoing)
Patent services for California Institute of Technology
Preparing and prosecuting patent applications for Caltech in areas such as neural prosthetics, petroleum engineering and nanotechnology. (Ongoing)
Asset Sale for PacerView Technologies, LLC
Represented a privately held medical device company in selling its catheter tip placement business and technology to Bard Access Systems, a division of C.R. Bard, Inc., and among the largest manufacturers and distributors of vascular access devices. (2009)
Health care device sales and distribution
We represented a medical device manufacturer in license and distribution of products to distributors and purchasers. (2008)
Oster v. CombiMatrix Corporation
We represented this publicly traded technology company defending a Sarbanes-Oxley retaliation claim brought by its former general counsel, both before the Department of Labor and in U.S. District Court. (W.D. Wash. 2008)
Synectic Ventures I, LLC et al. v. EVI Corporation, et al.
Defended medical device development company in multimillion-dollar commercial dispute. Obtained summary judgment in client's favor and affirmance on appeal. Currently defending appeal in the Oregon Supreme Court.
Discrimination claims defense for Amgen Inc.
We defended and negotiated a successful resolution of a disability discrimination claim brought against this biotechnology company. |