“Legal agreements can be anything from very basic to an extremely complex written document incorporating every conceivable safeguard,” says Kinnier Wilson. “The point of a legal agreement is to provide something that will allow those who signed it (but ultimately a court if it all goes wrong) to judge what everyone had agreed at the time – and in some cases a simpler document can do that quite well.”
“While the risks of a simple agreement are arguably higher, usually the upfront costs will be much lower,” he continues. “It’s important that spin-out companies get good legal advice on the various merits of different levels of agreement and don’t just assume that one size fits all.”
For bioscience spin-outs and start-ups, the number of legal agreements required is considerable, including agreements with shareholders, licensing arrangements, employment contracts with staff, even contracts with suppliers when buying in materials for use in the lab, and eventually the rights and obligations for clinical trials. Many of these are quite specific to the field.
With a masters in biochemical engineering, Kinnier Wilson had been planning a career in the pharmaceutical industry, but a summer job in a law firm soon changed that. Fascinated by the idea of applying his science in a different way, he qualified as a solicitor and has been working as an intellectual property specialist for nearly 20 years advising science, engineering and technology spin-out companies.
His current firm, Manches, acts on behalf of a number of research councils, research institutes and universities, advising their spin-out life science companies in all stages of development. “To offer advice, it helps to understand the technology these companies are working with,” says Kinnier Wilson. “My work brings me into contact with an amazing array of different scientific technologies. Every day is different and every day is fascinating.”
Jo Kelly | alfa
Unique genome architectures after fertilisation in single-cell embryos
30.03.2017 | IMBA - Institut für Molekulare Biotechnologie der Österreichischen Akademie der Wissenschaften GmbH
Transport of molecular motors into cilia
28.03.2017 | Aarhus University
The Institute of Semiconductor Technology and the Institute of Physical and Theoretical Chemistry, both members of the Laboratory for Emerging Nanometrology (LENA), at Technische Universität Braunschweig are partners in a new European research project entitled ChipScope, which aims to develop a completely new and extremely small optical microscope capable of observing the interior of living cells in real time. A consortium of 7 partners from 5 countries will tackle this issue with very ambitious objectives during a four-year research program.
To demonstrate the usefulness of this new scientific tool, at the end of the project the developed chip-sized microscope will be used to observe in real-time...
Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.
The results will be published on March 22 in the journal „Astronomy & Astrophysics“.
Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...
Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.
Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...
In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...
Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.
Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...
20.03.2017 | Event News
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30.03.2017 | Health and Medicine
30.03.2017 | Health and Medicine
30.03.2017 | Medical Engineering