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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.

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MBBP Client Halloran Continues to Grow 11/23/2015

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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

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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

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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

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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!

MBBP Client Unshrinkit Named as Top 26 MassChallenge Finalist 10/14/2015

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download (3)MassChallenge has named MBBP Client Unshrinkit as one of 26 finalists for its 2015 Boston startup accelerator program. From the top 26, a panel of judges will award between 10 and 20 startups equity-free, non-dilutive grants of either $50,000 or $100,000.

Congratulations Unshrinkit!

For more information on the competition, please visit MassChallenge.

BlueMetal Acquired by Insight 10/05/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Deal News, M&A.
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bluemetal-logoMBBP Client BlueMetal Architects, Inc., an interactive design and technology architecture firm based in the Boston area, was acquired in a merger transaction by Insight Enterprises, Inc.  a Fortune 500 company based in Phoenix, AZ.

MBBP has served as counsel to BlueMetal since its inception in 2010,  and advised it in connection with the structuring, negotiation and documentation of this merger. Mark Tarallo was lead attorney for the transaction.

For more information, read the full news release here.

MBBP Client LeadGnome Earns Top Marketing Tools of 2015 Award 10/01/2015

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LeadGnome Logo (M0841051)MBBP Client LeadGnome was among the Top Marketing Tools of 2015  award winners selected by Nancy Nardin’s Smart Selling ToolsLeadGnome was recognized as a leader in Account Based Marketing for its innovative web service that mines email for targeted contacts and actionable business intelligence.

Congratulations LeadGnome!

MBBP Client Selvita Establishes First U.S. Operations in Greater Boston Area 09/25/2015

Posted by Morse, Barnes-Brown Pendleton in Client News, Life Sciences.
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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.

“We are excited to celebrate the official opening of Selvita’s new office in Cambridge,” said Mike Kennealy, Acting President & CEO of the Massachusetts Life Sciences Center, a state-funded investment agency that worked closely with Selvita on their location decision. “The company’s presence here will enable Selvita to make important contributions to the Massachusetts life sciences community and to drug development, in the world’s leading ecosystem for life sciences innovation and growth.”

Read the full news release here.

Iora Health Expanding to Boston Area 09/14/2015

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IroaMBBP client, Iora Health, recently announced an expansion into the Boston-area health care market, as they open new practices in Hyde Park and in Medford. Iora Health is widely known for its unique business model which enables Iora to build unusually close relationships with their patients in order to better understand their concerns and needs, and, in the long run, to  keep more patients in poor health out of the emergency room. In fact, Iora’s co-founder, Dr. Rushika Fernandopulle, says their goal is nothing less than to “transform health care”; as their web site says, their real objective is “restoring humanity to health care”.  In the new offices, where the primary care practice will be focused exclusively on people aged 65 and older, Iora Health expects to achieve the same astonishing rate of patient satisfaction they’ve enjoyed in their other offices nationwide. To learn more about the care model, please click here to read a recent New York Times profile.

MBBP Client Goes for Super Bowl Gold – A Commercial Spot 09/04/2015

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download (3)Have you ever offered to do the laundry out of good nature just to realize you’ve accidentally ruined your wife’s best sweater?  Or what about the time you were in such a rush you threw all your clothes in the wash and that one favorite piece came out the size that could fit a doll?

Well you’re in luck!  MBBP startup client Unshrinkit, has created a patent-pending solution which saves shrunken wool clothing that fell victim to a washer or dryer mistake.

Exciting news, right?  What’s more exciting is that Unshrinkit has been named as one of ten finalists in Intuit’s “Small Business, Big Game Contest”.  The contestants are competing for a chance to win an all-expense paid 30 second commercial at Super Bowl 2016!

Vote for Unshrinkit here.

DraftKings Kicks off Football Season at Gillette 08/26/2015

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DraftKings_Logo-495x353MBBP Client DraftKings, the leading provider of daily fantasy sport, will be opening a branded fantasy sports lounge at Gillette Stadium. The startup, which has raised $375 million in venture funding since 2012, also announced similarly-branded lounges at AT&T Stadium  and Arrowhead Stadium.

The openings are scheduled for September 10, 2015.

Read the full article.

MBBP Client Sophity To Be Featured At MIN#78 08/26/2015

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higherreslogo_swongOur client Sophity, which empowers consulting businesses to increase revenue and margin by automating the collection of critical business data, thereby improving data accuracy for billing and planning purposes, has been chosen as a presenter at the next Mass Innovation Nights event (MIN#78) on September 9th at the brand-new TripAdvisor Needham headquarters.

A mainstay of the Massachusetts innovation community, the MIN events are held once a month at varying venues, providing a showcase each time for ten select, stand-out companies as they demonstrate their ingenuity and entrepreneurship to a mixed audience of experts, bloggers and fellow innovators. The highly-prized chance to present one’s product or service at an MIN event is viewed as both an honor and an opportunity. We know that Sophity, previously an EforAllAccelerator Winter 2015 winner, will make the most of it, and we congratulate them on their selection!

Click here for more information and to vote for your favorite products.

MBBP Client ‘Fuels’ Pan Mass Challenge Riders 08/24/2015

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collage-2015-08-21This Summer’s Pan Mass Challenge athletes got a chance to taste what the folks at Fuel For Fire have been cooking up: an innovative nutrition product made entirely of real food.

MBBP client Fuel For Fire donated Banana Cocoa “fuel” for 6,000+ riders and volunteers over the course of the weekend.

Wondering how it tastes? MBBP’s own Mike Cavaretta – who rode the PMC for the 11th time this year – got a sample and gave it two thumbs up!

Way to support your community, Fuel For Fire!

MBBP Client Dane Street on Inc. Magazine Hot List 08/21/2015

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Our client Dane Street, a Dane Street Client Logo (M0739750)leading national provider of IME and Peer Review services to the Worker’s Compensation, Disability, Auto and Group Health markets, was recently named to the noted Inc. Magazine’s List of Fastest Growing Private Companies for 2014. What might be even more impressive is the fact this is the 3rd year in a row Dane Street has made the list, reflecting their 522% revenue growth during the period from 2011 to 2014. As CEO Will Fulton said, “Being recognized by Inc. Magazine for three consecutive years is a source of great pride for Dane Street.”

The focus of the List issue is on the importance of outstanding leadership in achieving success in today’s highly competitive market.  As Inc. President and Editor–in-Chief Eric Schurenberg said, “You have to remember that the average company on the Inc. 500/5000 [list] grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.” Clearly, Will Fulton and his savvy executive team have what it takes to take their company to the top.

MBBP is proud to partner with Dane Street and we congratulate them on this well-earned honor.

MBBP Client DraftKings Raises $300M in Funding 07/30/2015

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DraftKings_Logo-495x353

MBBP Client DraftKings, the leading provider of daily fantasy sports announced on Monday, that Fox Sports will provide about $150 million for an 11 percent stake in the company.  Other investors include the Kraft Group, Wellington Management, and several sports leagues and franchises.

Morse, Barnes-Brown & Pendleton served as one of the counsel and advised DraftKings in connection with negotiation and documentation of the transaction. Read the full announcement.

So what’s a company to do with all this funding?  Why expand of course!  Read the latest news on how DraftKings is going global.

Congratulation DraftKings!

Insight Venture Partners Leads $92 Million Financing in Virgin Pulse 06/22/2015

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VirginShortly after Virgin Pulse launched its next generation workforce well-being platform, the company completed a $92 million funding transaction. Insight Venture Partners led the round of funding, along with existing investor Virgin Group.

Joe Martinez was the lead corporate attorney on MBBP’s team, which also included attorneys Shannon Zollo, Diana Española, Jonathan Calla, David Dinwoodey and Stan Chalvire.

Morse, Barnes-Brown & Pendleton serves as counsel to Virgin Pulse, and advised it in connection with the structuring, negotiation and documentation of this transaction.

More information on the transaction can be found here.

Sports Psychologist and Author George Mumford on NPR’s OnPoint 06/19/2015

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Mindful AthleteSports psychologist and author George T. Mumford was a guest recently on NPR’s OnPoint program discussing mindfulness and meditation in the NBA as a competitive edge. Mumford, who has served as “meditation master” to superstars such as Kobe Bryant, Shaquille O’Neal and Michael Jordan, is the author of a new book, The Mindful Athlete Secrets to Pure Performance.

Listen to the full broadcast at OnPoint Radio at this link:
Zen and the Art of the Free Throw

Mumford is a trademark client of Morse, Barnes-Brown & Pendleton. Congratulations George on your new book!

To learn more about the book or to purchase online, visit George’s website mindfulathlete.org.

MBBP Client OtoSense Wins Red Herring Top 100 Award 06/16/2015

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downloadMBBP Client OtoSense, developer of applications based on a new generation of sound recognition engines, was among the Top 100 North America award winners selected by Red Herring.  Each year Red Herring’s editorial team analyzes hundreds of privately financed companies with cutting edge technologies and evaluates them on quantitative and qualitative criteria.  Companies recognized in the past include Facebook, Twitter and Google, just to name a few.

Congratulations OtoSense!

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