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Introduction to licensing agreements in the life sciences industry

Run Time
63 Minutes
Learning Method
On-Demand Training
Practice Area
Intellectual Property
Available Until
01/06/2027

Price £130.00

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Description

Winsome Cheung, Partner at Covington & Burling LLP, discusses licensing agreements in the life sciences industry. The following is covered:

  • What is a licensing transaction?
    • Licensing vs M&A
  • License grant – key elements
  • Financial terms – upfront and deferred consideration
  • Performance obligations – “commercially reasonable efforts” obligations
  • Termination – termination events and consequences.


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Literature

Speakers

Winsome Cheung

Partner

Covington & Burling LLP

Winsome Cheung assists life sciences and technology companies to develop and commercialise their intellectual property assets. She advises on their strategic licensing and partnering transactions, and intellectual property and commercial matters throughout the entire product lifecycle.
Winsome Cheung is a partner in Covington’s life science transactions team.

She advises a broad range of clients in the life sciences and technology industries, from start-ups, venture capital investors to global pharmaceutical companies. As a former scientist, she combines her scientific understanding with her legal and commercial knowledge to help companies build value and monetise their intellectual property assets.

Winsome regularly advises on:

  • Complex partnering arrangements, including licensing, collaboration, co-development, co-promotion and other strategic arrangements.
  • Commercial agreements throughout the entire lifecycle of life sciences and technology assets, including CRO, clinical trial, manufacturing and distribution agreements.
  • Intellectual property and commercial matters in relation to corporate transactions and venture investments, including:
    1. IP and commercial diligence;
    2. Ancillary/transitional agreements; and
    3. IP warranties, contingent consideration provisions of share purchase/asset purchase agreements.
Prior to her legal career, Winsome completed an undergraduate degree in Biochemistry and a PhD in Medicine. During her doctoral research, she discovered a novel virus-host cell interaction which led to major scientific publications, and explored commercialisation of this research.
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