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Eric Lander of MBBP Client Whitehead Institute for Biomedical Research Receives MIT’s Killian Award 05/19/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Life Sciences.
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MIT’s 2016-2017 James R. Killian Jr. Faculty Achievement Award was presented to biology professor Eric Lander.  Lander, of MBBP client Whitehead Institute for Biomedical Research, is a renowned biologist recognized for his research in mapping the human genome.  The Killian Award, established in 1971, honors faculty members who demonstrate extraordinary professional achievements.  picture-2

Lander led the international Human Genome Project from 1990 to 2003, which included the development of techniques to map the human genome.  He has taught his MIT introductory biology course for over 20 years.  In addition to these achievements, Lander serves as co-chair of the White House’s President’s Council of Advisors on Science and Technology.

Lander joined the Whitehead Institute for Biomedical Research in 1986.  The Whitehead Institute is a non-profit research facility that works to improve human health through biomedical research.

The Killian Award committee explained that “unlocking the information in genomes has been one of the defining scientific revolutions of the past quarter century. With the Killian Award, the committee acknowledges the transformative effect Professor Lander has had on the study of biology and medicine. We honor Professor Eric S. Lander for these extraordinary contributions, and for his roles as a gifted leader, teacher, mentor, and public advocate for science at the highest levels.”

In response, Lander stated that he is “tremendously honored, especially because this is an award conferred by my faculty colleagues at MIT.  There is no higher recognition.”

John Hession to Moderate Upcoming Charité Entrepreneurship Summit in Berlin 05/18/2016

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Client News, Events, Life Sciences, MBBP news, Medical Devices.
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John Hession, Co-Chair of both the Corporate Department and the Life Science Task Force at Morse Barnes-Brown & Pendleton, PC, will be the Moderator of the prestigious Charité Entrepreneurship Summit 2016-Rethink & Transform Healthcare being held in Berlin, Germany May 26th & 27th. This is the 4th time John finds himself in this role, and he proclaims it as being one of his favorite and most rewarding “extra- curricular” activities. M0846571

Among the largest life sciences and health care industry conferences held in Western Europe each year, the Charité Summit brings together over 400 international entrepreneurs, scientists, investors and healthcare industry professionals. This year’s agenda features such diverse and relevant topics as the digitalization of health care, the prospects of genome editing, and the growing understanding of the compelling impact of gender differences on research and in the practice of medicine.

John says the role of Summit moderator is one he relishes with particular enthusiasm because it affords him the opportunity to interact with both the learned speakers and the diverse audience of life sciences and healthcare professionals. As he remarked, “The insights are scintillating and informative, the speakers animated and trenchant, and the networking before, during and after the program – in the Berlin beer halls- robust and gregarious.”  Hession is the only American to repeat as Moderator in its 9 year history.
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New Overtime Regulations Will Result In Many More Workers Becoming Entitled To Overtime 05/18/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Employment.
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We’re reviewing the Department of Labor’s new overtime regulations in our Massachusetts Employment Law Blog.  Click here to read about the DOL’s Final Rule, which President Obama announced the publication of today.2015-01-05_8-57-41

Massachusetts 2016 Tax Amnesty Program Ending Soon – Action May be Required by May 31, 2016 05/16/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Corporate, Litigation, Taxation.
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Businesses and individuals who owe Massachusetts back taxes may be able to take advantage of the Massachusetts 2016 Tax Amnesty Program.  Eligible participants may benefit by having the accrued penalties and interest on penalties related to their tax liability waived.massachusetts-department-of-revenue-squarelogo

The window for participating ends on May 31, 2016, however.  Go to the Massachusetts Department of Revenue website (here and here) to learn more.

MBBP Partner Joseph Martinez Participating in MIT Enterprise Forum’s Spring Start Smart Class 05/11/2016

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Client News, Corporate, Employment, Events, Financial Services, Intellectual Property, Licensing & Strategic Alliances, MBBP news.
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Corporate partner Joseph Martinez will take part in MIT Enterprise Forum’s (MITEF) Spring Start Smart Class, which will run from May 23-June 20.  M0846610He will appear as a Guest Speaker during the third class, which will focus on legal issues for startups.  Specifically, Martinez will discuss the employment, financing, and intellectual property legal issues facing startups.

MITEF’s Spring Start Smart Class is an eight session program focused on providing expertise to entrepreneurs on how to launch a successful new business.  The program is structured as a hands-on workshop, and features guest speakers whose fields of expertise correlate with each class’s specific topic of discussion.

For more information and to register for the course, see the full details here.MITEF-Full-Color-e1438717228333

Startup Coalition Event! Wednesday May 25, 2016 05/06/2016

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Client News, Corporate, Events, MBBP news, Venture Capital & Private Equity.
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Join the Startup Coalition at its next event, “Fundraising Environment for Consumer or B2C Startups in 2016”, on Wednesday, May 25th from 6pm to 8pm (EDT).  Startup-Coalition_LogoThe program will be held at WeWork, 745 Atlantic Avenue, Boston, MA 02111.

MBBP’s Michael Cavaretta is a co-founder of the Startup Coalition, and will moderate the panel discussing insights and questions relevant to consumer company entrepreneurs and investors.

Michael J Cavaretta (MJC)Panelists will include both investors and entrepreneurs.

Full event details and registration information can be found here.

New Federal Law Protects Trade Secrets But Also Requires Changes to Employee and Contractor Agreements 05/05/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Employment, Intellectual Property, Licensing & Strategic Alliances, Privacy and Data Security, Public Companies.
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By, Sandra E. Kahn SEK Headshot Photo 2015 (M0912965xB1386)

It is expected that President Obama will soon sign into law the Defend Trade Secrets Act of 2016 (DTSA), which creates a new federal civil cause of action for trade secret theft.  While claims for trade secret theft may still be brought under the various state laws which protect intellectual property, this new law will provide uniform protection on the federal level.

The DTSA defines trade secrets consistently with the Uniform Trade Secrets Act (UTSA), and applies broadly to any trade secrets “related to a product or service used in or intended for use in, interstate or foreign commerce.”  Along with the ability to bring a lawsuit to fight trade secret theft and pursue equitable remedies and the award of damages for the misappropriation of a trade secret, the DTSA also includes a provision for expedited relief on an ex parte basis to prevent the dissemination of misappropriated trade secrets, which may be obtained under “extraordinary circumstances.”

The DTSA also provides protection for whistleblowers, granting immunity to  parties who, under certain circumstances, disclose a trade secret to the government or an attorney to report wrongdoing, or as part of an anti-retaliation lawsuit.  Of particular interest to our clients is the requirement that employers must now provide a notice of this immunity protection in any contract or agreement with an employee (or an independent contractor or consultant) that governs the use of a trade secret or other confidential information.    If this notice is not included in all contracts which are signed or revised after the effective date of the act, the employer will not be able to recover exemplary damages and attorneys’ fees under the DTSA (although the employer may still pursue any available damages under other causes of action).  Employers are advised to consult with their counsel to revise all agreements with employees and contractors in order not to run afoul of this requirement.

The DTSA, by itself, may not be used to prevent a departed employee from entering into a new employment relationship with a competitor, and provides that any conditions placed on such employment must be based on “evidence of threatened misappropriation and not merely on the information the person knows,” in effect rejecting the doctrine of inevitable disclosure.

Firm Client PMS Bites to be Featured on Shark Tank! 05/05/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Corporate, Events, MBBP news.
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MBBP client PMS Bites will appear on ABC’s Shark Tank on May 20, 2016.  PMS Bites are indulgent, yet nutritious, snack balls made to satisfy chocolate cravings during the week women need it most! All bites are gluten free, vegan, and made with all natural ingredients.logo

Tune in on Friday May 20th at 9pm to catch the episode!

TechSandBox Featured in Worcester Business Journal 05/04/2016

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Client News, Corporate, Events, MBBP news, Telecommunications & Networking.
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The Worcester Business Journal highlighted Firm client TechSandBox in an article discussing the increasing presence of startup incubators.  TechSandBox Logo (M0654842xB1386)Barbara Finer, CEO and founder of TechSandBox, detailed the benefits and necessary components for a successful co-working space.  MBBP’s Howard Zaharoff serves on the Board of Directors for the Hopkinton based innovation center.  Read the full article for more details.

Additionally, MBBP’s relationship with TechSandBox allows our attorneys to serve as experts at TechSandBox events.  Josh French will be a panelist for TechSandBox’s unPanel event, which will be held tomorrow,  Thursday May 5th.

M&A Considerations for Venture-Backed Companies – Register now! 04/27/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Corporate, Events, M&A, MBBP news.
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MBBP to host a panel of experienced deal makers who will provide an insider’s perspective on what it takes to successfully position a venture backed company for sale and get a deal done. These panelists include Brady BohrmannTed Gillick, and Douglas Melsheimer. They all represent unique perspectives of a buyer, seller, and banker and each bring years of experience in venture-backed M&A.

Topics that will be addressed include positioning your company for a successful exit, various stakeholders in an M&A transaction, buyers assessing strategic fit, and best practices to ensure a smooth transaction and done deal.

The event will take place on Thursday, May 19th at 4:00pm at the Cambridge Innovation Center. Seating is limited – Register here.

 

 

MBBP Clients Named Finalists in SBANE New England Innovation Awards 04/06/2016

Posted by Morse, Barnes-Brown Pendleton in Clean Tech, Client News, Events, Industries, Nonprofit, Publishing & Media, Telecommunications & Networking.
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SBANE Logo (M0164564xB1386)The Smaller Business Association of New England announced this year’s Innovation Awards Finalists. MBBP would like to congratulate clients WatchRx and The Curadel Companies on advancing to the final round of this prestigious competition. We also have two additional clients, Sparkx Hockey and Applied BioMath, that reached the Semifinal round.  Since 1986, the Innovation Awards recognizes companies that have transformed their innovative ideas into a product that delivers proven value to customer. Former winners have come from a variety of fields including technology, manufacturing, service, non-profit, and retail/distribution. The Finalists will present to judges on April 7th, 2016 and will be honored at The New England Innovation Awards Gala on May 12th at The Westin Hotel in Waltham, MA.

To learn more, visit the SBANE Innovation Awards webpage.

 

Fenway Summer Ventures Leads Financing in StreetShares 03/16/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Deal News, Financial Services.
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fenwaysummer logoCongratulations to our client Fenway Summer Ventures for leading a Series A financing in StreetShares. Endeavor Equity Holding and Pivot Investments also participated in the initial $4.5 million Series A closing. Led by co-founders Mark Rockefeller and Mickey Konson, StreetShares brings together business owners in search of funding and investors looking for both financial and social returns. The online lender offers loans and lines of credit of $2,000 to $100,000 to small businesses, many of which are run by veterans.

MBBP attorneys Jon Gworek and Matt Loecker handled the transaction on behalf of Fenway Summer Ventures. To learn more, please click here.

‘The Flame in the Flood’ released for PC, Mac and Xbox One 03/04/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Games & Interactive Entertainment.
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molassessMBBP client, Boston-based The Molasses Flood has released their first game for PC, Mac and Xbox One. From the Art Director of BioShock and a team of veterans of the BioShock, Halo, Guitar Hero and Rock Band series comes The Flame in the Flood.

Gamers navigate a journey through the backwaters of a forgotten post-societal America, evading predators along the way. Characters travel ‘by foot and by raft down a procedurally-generated river.’ Challenges include scrounging for resources, crafting tools and most importantly, staying ahead of the coming rains. This is no ‘Oregon Trail.’ (Game Industry News agrees. Check out their review.)

Learn more about BioShock’s Forrest Dowling’s first foray into indie games as Founder of The Molasses Flood in this engadget interview.

Congrats, Molasses Flood!

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“Watch” it here: MBBP Client WatchRx wins Boston Scientific Connected Patient Challenge! 02/26/2016

Posted by Morse, Barnes-Brown Pendleton in Client News, Life Sciences, Medical Devices.
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MBBP client WatchRx, is an early stage startup founded while trying to help aging parents manage their medications and health conditions remotely. Current solutions available in the market, like mobile apps and pill caps/bottles, didn’t fit the need and only added to the confusion. WatchRx provides a a simple dedicated reminder solution. From voice reminders to GPS tracking this device addresses so many needs. The watch can even send alerts to family and caregivers.

The Boston Scientific Connected Patient Challenge is an open competition focused on ideas and early-stage companies that improve patient care and/or drive down the cost of health care through the use of Remote Patient Monitoring using wearable, implantable or ubiquitous sensors. The top five ideas based on the online crowd voting and online judge scores were honored at a live event on February 25, 2016, where they presented their ideas to the Challenge Sponsors and fellow participants.  Arun Buduri, Founder and Chief Product Officer, presented for WatchRx and walked away the winner! Watch the pitch (skip to 56:45) and award (skip to 1:53:00) here.

WatchRx Video

This isn’t the only thing the Greater Boston-based company is celebrating. Just yesterday WatchRx Founder and CEO Jayanthi Narasimhan was awarded 2016 Women to Watch in Science & Technology by the Boston Business Journal.

Congrats to WatchRx. If you aren’t a client to “watch” we don’t know who is!

 

MBBP Client Becomes Europe’s Largest Provider of Digital Learning Platforms 12/23/2015

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Last month, MBBP Client itslearning, a market leading learning management system provider, announced its acquisition of Fronter, a Scandinavian-based learning management system.  The acquisition makes  itslearning Europe’s largest provider of digital learning platforms.

Read the full press release here.

 

MBBP’s Life Sciences Vector, Fall 2015 11/30/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Life Sciences, MBBP news, New Resources.
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extU.S. INTRODUCTION TO THE HAGUE SYSTEM

For many years, non-U.S. parties have taken advantage of the Hague System to register their design patents, an important part of strengthening and differentiating your product and brand. On May 13, 2015, the Hague Agreement Implementation of the Patent Law Treaties Implementation Act of 2012 (PLT) went into effect in the U.S. As a result, the U.S. became a member of the Hague System, an international system of registration for design patents (also referred to as “industrial designs” internationally). Now, U.S. applicants wishing to register a design patent in the U.S. and abroad may submit a single application and pay a single fee to register such design patent in all or some of the 63 other Contracting Parties that participate in the Hague Agreement.

Click here to learn more.

4,500 COMPANIES REELING AS EU’S HIGHEST COURT INVALIDATES SAFE HARBOR

On October 6, the Court of Justice of the European Union (“CJEU”) issued a binding judgment invalidating the European Commission Decision (Commission Decision 2000/520, the “Safe Harbor Decision”) that authorized the EU-U.S. Safe Harbor arrangement. For the past fifteen years, this arrangement has been relied upon by many businesses to transfer personal data from the European Union to the United States in compliance with the EU Data Protection Directive (Commission Decision 95/46, the “Directive”). As a result of the CJEU’s judgment, self-certification under the Safe Harbor framework is no longer sufficient to comply with the Directive.

Read more on Page 5.

CONTROLLING THE DEBATE: ANTICIPATORY SELF-DILIGENCE IN BIOTECH BUSINESS DEVELOPMENT

By: Jonathan P. Gertler, Back Bay Life Science Advisors

Business development is the lifeblood of the biotech industry. This article focuses on internal decision making regarding portfolio prioritization, and external anticipatory diligence to maintain optimal control over negotiation dynamics (i.e. “controlling the debate”).

Read more on Page 3.

MBBP ADDS TWO ASSOCIATES

Registered Patent Attorney Erin E. Bryan handles a broad range of intellectual property issues in a number of technical areas. She currently works with a variety of clients, including universities, research organizations and start-ups in the chemical, pharmaceutical and biotechnology areas. She is also proficient in patent prosecution and provides assistance with various phases of IP litigation and counseling.

Corporate Attorney Erik S. Thompson provides services to a range of clients, including emerging businesses and private investment funds, and advises them on mergers and acquisitions, issuances of ISOs and equity options, and regulatory compliance. He also serves as outside counsel to numerous companies, attending Board meetings and advising them on corporate actions.

MBBP ATTORNEYS PRESENT “CONSTRUCTING A SOLID PROVISIONAL PATENT”

In October, Registered Patent Attorneys Sean D. Detweiler and Dr. Stanley F. Chalvire spoke at a program hosted by TechSandBox for its Life Sciences SIG. Joining Sean and Stan were two Life Science CEOs. The panel provided attendees with guidance on how to do a provisional patent, on your own, or on a low budget.

RECENT FINANCINGS IN HEALTHCARE / LIFE SCIENCES

  • NED Biosystems closed a $1.5 million Series B Preferred financing with First Round Capital and angel investors. NED Biosystems provides a adjunct therapy of natural supplements designed to enhance chemotherapy with less toxic side effects.
  • Criscot Inc. closed an $800,000 extension of its Series A-2 Preferred Stock financing. Criscot provides a novel, proprietary applicator for delivery of drug compounds, resulting in more exact dosage without toxicity effects.
  • First Light Biosciences Inc. closed a $3.0 million Series B Preferred Stock financing. First Light Biosciences provides a patented instrument for early and swift detection of pathogens during the hospital admissions process, reducing the risk of hospital-acquired infections.

SELVITA ESTABLISHES FIRST U.S. OPERATIONS  IN GREATER BOSTON AREA

MBBP client, Selvita, recently announced an expansion into the Boston-area biotechnology and pharmaceutical market, as they open a fully-owned US subsidiary, Selvita Inc., headquartered in Cambridge, Massachusetts. Selvita is a leading global drug discovery company and the largest drug discovery company in Central and Eastern Europe. The new office, located at 485 Massachusetts Ave., will focus largely on expanding the company’s existing clients for its drug discovery services, as well as exploring and developing partnering opportunities.

Read more.

HENKE-SASS, WOLF A SO-CALLED “HIDDEN CHAMPION”

Every day, people all over the world use products and solutions produced by Henke-Sass, Wolf – often without even realizing it, as most of our products have the brand and label of our customers and not ours. As a medium-sized international company, and a technological leader in the medical endoscopy sector, we are sometimes considered a “hidden champion” – but certainly not “hidden” from our longstanding business partners and loyal customers.

Read more.

MBBP Client Halloran Continues to Grow 11/23/2015

Posted by Morse, Barnes-Brown Pendleton in Client News.
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Halloran LogoMBBP Client Halloran Consulting Group, Inc. will be adding 30 employees to its current staff of 57 over the next year. Halloran is known for helping guide life science startups or companies in the midst of transition navigate the waters.

For more on Halloran’s recent growth, read here.

MBBP Clients Earn 2015 Beacon Award for Diversity & Inclusion 11/04/2015

Posted by Morse, Barnes-Brown Pendleton in Client News.
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On Thursday, November 19, 2015, the Boston Bar Association will present six Massachusetts Affinity Bar Associations with the 6th Annual Beacon Award for Diversity & Inclusion. Amongst the six award winners are three MBBP Clients, the Asian American Lawyers Association of Massachusetts, the Massachusetts Association of Hispanic Attorneys, and the Massachusetts Black Lawyers Association. The area affinity bar associations are to be recognized for their exceptional leadership in creating a lasting impact and illuminating a new path toward a more diverse and inclusive legal profession.

Congratulations to the Asian American Lawyers Association of Massachusetts, the Massachusetts Association of Hispanic Attorneys, the Massachusetts Black Lawyers Association, the Massachusetts Black Women Attorneys, the Massachusetts LGBTQ Bar Association, and the South Asian Bar Association of Greater Boston!

MBBP Client Unshrinkit on Shark Tank 10/28/2015

Posted by Morse, Barnes-Brown Pendleton in Client News.
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download (3)MBBP Client Unshrinkit  has  announced that its pitch to the Shark Tank will air on ABC Network on Friday, November 13.   Unshrinkit Co-founders Nate Barbera and Desiree Stolar will be featured on a special themed episode about Millennials making innovative waves.

Tune in to Unshrinkit on Shark Tank at 9:00PM!

MBBP Clients Among Rev Boston’s Honorees – 20 Women in Tech You Need to Know 10/15/2015

Posted by Morse, Barnes-Brown Pendleton in Client News.
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Rev Boston1*DDrz8nII38ItJZBHLbQlXw, an exclusive two-day bootcamp hosted by venture firm Accomplice and Diane Hessan, CEO of Startup Institute, has announced its honorees – the top 20 female business leaders in Boston – invited to participate in leadership training workshops.

Among the 20 honorees are Janet Commons of MBBP Client Promoboxx and Megan Hall of MBBP Client Iora Health.

Congratulations to all!  Read more and view the full list of honorees here!

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