Innovation is the lifeblood of the life sciences industry. To help qualifying entrepreneurs and young companies avoid costly mistakes and chart their courses to success, McDermott has created the Life Sciences Entrepreneurs Acceleration Program (LEAP).
Early stage life sciences clients need sophisticated advice on a broad range of legal and business issues—and they need this advice quickly and economically. We provide high-potential organizations with top-quality legal services during the earliest stages of corporate development, and help ease the cost of these services through engagement incentives in the form of deferred fees, discounts, fixed-fee arrangements and/or awards.
Our Life Sciences Industry Group has a deep bench of lawyers who are highly regarded in complex areas of law such as corporate formation, financing, intellectual property, licensing and collaboration, and employee benefits. Our corporate lawyers have demonstrated success in the full range of transactional legal needs, including mergers and acquisitions, venture capital, public offerings and royalty stream financing. Our intellectual property lawyers are renowned for protecting the IP rights of our clients in and out of court. McDermott is also a pioneer in the field of employee benefits and regularly advises life sciences companies on compensation strategies to recruit and retain key leadership.
Candidates for LEAP are sponsored by a McDermott partner and evaluated on the quality of their business plan, the ability of the company to meet well-defined milestones, current levels of investment (or the likelihood of obtaining venture-backed financing), and clearance of a business and legal conflict evaluation.
We look forward to working with entrepreneurs to accelerate the progression of their companies and meet strategic objectives. Please click here to learn more about LEAP and how to get involved in this exciting program.