Any new business is likely to need some start-up capital before it begins bringing in revenue. This is especially true for a biotech company where extensive research is required prior to new product launches. Many new biotech start-ups are born in academic research labs. Scientists looking to commercialise the products of their research might receive financial and professional help from their home institutions. Venture capital is one such source of funding. Loans are another.
We assist both investors and start-up companies with structuring and negotiating funding deals. We also act as ”virtual in-house counsel” for some of our start-up clients who benefit from our deep expertise in both IP and employment law.
We advise on various aspects of funding for start-up companies:
- Due diligence
- Investment agreements
- Bridge loans
- Convertible loans
- Security agreements