Addition Displays the Continued Development of the New York Workplace and Excessive Demand for Transactional Expertise Amongst Life Sciences Shoppers
PALO ALTO, CA (August 25, 2022) – Wilson Sonsini Goodrich & Rosati, the premier supplier of authorized companies to know-how, life sciences, and development enterprises worldwide, introduced right now that Seth Flaum has joined the agency’s know-how transactions division as a accomplice within the New York workplace, the place he’ll concentrate on representing life sciences purchasers. He brings greater than 25 years of broad transactional expertise, representing corporations in complicated strategic transactions and numerous company issues. The addition displays the persevering with development of Wilson Sonsini’s New York workplace and ongoing demand for all times sciences transactional expertise.
Previous to becoming a member of the agency, Flaum was govt affiliate normal counsel for Daiichi Sankyo, Inc., a worldwide pharmaceutical firm primarily based in Japan, the place he suggested on an array of strategic transactions and managed a crew of legal professionals and enterprise professionals accountable for implementing mental property and enterprise growth transactions.
Whereas at Daiichi Sankyo, Flaum recommended on strategic transactions, structuring, negotiating, and drafting strategic collaboration agreements, licensing agreements, analysis and growth agreements, co-promotion agreements, commercialization agreements, possibility agreements, materials switch agreements, scientific trial agreements, CRO agreements, distribution agreements, and manufacturing and provide agreements, in addition to different forms of transactions. He additionally has expertise representing purchasers in private and non-private M&A transactions; conducting due diligence for all transactions, together with licensing and M&A transactions; and advising on antitrust points and filings, FINRA inquiries, SEC filings, and company governance issues.
Earlier than becoming a member of Daiichi Sankyo in 2006 as a company lawyer for administrative and business operations, Flaum labored as a senior affiliate at a regulation agency in New York from 2002 to 2006. Beforehand, he served as normal counsel at H&H Bagels from 1997 to 2002. He was additionally company counsel at Thompson Medical Firm and Slim Quick Meals Firm, and began his authorized profession as an affiliate at a regulation agency primarily based in Rockville, Maryland.
“The wholesome enterprise exercise within the U.S. and globally amongst life sciences corporations and buyers implies that purchasers are searching for deal-making expertise, together with experience with R&D agreements, collaborations, and different subtle transactions,” stated Doug Clark, managing accomplice at Wilson Sonsini. “Along with his 16-plus years of in-house expertise at a worldwide pharmaceutical firm, Seth’s broad transactional, IP, and company expertise makes him a worthwhile useful resource for the agency’s life sciences purchasers. We’re happy to welcome him to the agency.”
Wilson Sonsini’s life sciences know-how transactions follow is an modern useful resource aimed toward offering start-up and rising life sciences corporations with insights, capabilities, and techniques to assist them thrive and deal with a few of their most difficult points, together with partnering, financing, operations, and commercialization.
The agency’s life sciences follow has grown to incorporate greater than 275 professionals, together with attorneys, patent brokers, and scientific advisors. A considerable variety of the agency’s practitioners have superior levels in biology, chemistry, engineering, or different scientific fields, and plenty of of them have expertise working in laboratory, medical, or analysis settings. The crew additionally consists of attorneys who, like Flaum, have served as in-house authorized counsel for main life sciences corporations.
“I sit up for bringing my intensive transactional expertise to Wilson Sonsini and dealing with so many excellent attorneys, together with members of the agency’s know-how transactions crew, whom I’ve come to know in the course of the course of my profession,” stated Flaum. “I’m excited concerning the alternative to proceed working with modern life sciences purchasers and collaborating with your complete crew in New York to assist the agency develop its shopper base in numerous life sciences markets on the East Coast.”
Flaum earned his J.D. from Loyola Regulation Faculty in 1994, and a B.S. in finance from New York College Leonard N. Stern Faculty of Enterprise. He’s admitted to follow in New York and New Jersey.
About Wilson Sonsini Goodrich & Rosati
For greater than 60 years, Wilson Sonsini’s companies and authorized disciplines have targeted on serving the principal challenges confronted by the administration and boards of administrators of enterprise enterprises. The agency is nationally acknowledged as a number one supplier to rising and established purchasers searching for authorized counsel to finish subtle company and know-how transactions; handle governance and enterprise-scale issues; help with mental property growth, safety, and IP-driven transactions; characterize them in contested disputes; and/or advise them on antitrust or different regulatory issues. With deep roots in Silicon Valley, Wilson Sonsini has places of work in 18 know-how and enterprise hubs worldwide. For extra info, please go to www.wsgr.com.