Launching a drug development company with novel technology from academia
Our corporate group has worked with hundreds of entrepreneurs at this stage to help them optimally and efficiently select and form the appropriate legal entity
The pressure to get the contracting right for clinical trials is substantial. You want to sign up sites and begin enrollment as quickly as possible. But you need to negotiate agreements that manage risk, protect intellectual property, meet requirements for regulatory submissions, and comply with third party development agreements. You’re concerned that CROs may not handle your contracting with the care and accuracy of a law firm.
At Faber, our integrated team of lawyers and contracts specialists have helped our clients launch hundreds of clinical trials, and collectively they’ve worked on over 10,000 CTAs. We can leverage this experience to guide you through a contracting process that’s tailored to your project. We’ll factor in:
Based on an in-depth understanding of your situation, we can deliver a full range of clinical trial contract services, including:
Major pharmaceutical and biotech firms have in-house contracts specialists and attorneys to manage the complexities of this contracting process. Emerging companies without this infrastructure have few options.
Our process is unique among law firms. Experienced contract specialists work alongside attorneys steeped in the business side of life sciences. Prior to joining our firm, team members have held full-time positions with hospitals, biotech and pharmaceutical companies, and contract research organizations (CROs). Collectively, they have worked on tens of thousands of clinical trial agreements worldwide.
We view ourselves as more than operational expeditors. Instead, we’re advisors, who understand the need to balance speed with attention to the details that could derail your project. Based on your trial protocol, site selection criteria and the capabilities of the CRO of your choice, we’ll identify key issues, then tailor a contracting strategy that:
Standard CRO agreements often include numerous generic provisions that can bog down negotiations. By contrast, we’ll design clinical trial agreements (CTAs) that are streamlined, laser-focused and complete – to expedite negotiations and help you enroll your trial sooner.
We’ll handle the master agreement with your CRO, then negotiate directly with each trial location. Chances are we’ve recently worked with the sites you’re interested in, which can further accelerate discussions.
Learn more about our approach, which is modeled on the practices of major pharmaceutical companies and is unique among law firms. Or contact us now to learn how we can bring contracting best practices to your clinical trial.