One Nucleus - Introduction to Contracts

Want to learn more about negotiating and managing contracts in Life Sciences? Join our Intro to Contracts course on 13 February to gain insight from qualified lawyers. Training course provided by Marks & Clerk and is free to attend. 

Audience

Anyone involved in negotiating and managing contracts in a life sciences firm or university tech transfer office. In a small company this could be all or any of the founders.
In a larger one it might be the:

  • Managing Director of CEO
  • CFO or FD
  • COO
  • Company Secretary
  • Contracts Officer
  • Office Manager

Objectives

Basic contract law issues e.g.:

  • Privity
  • Consideration
  • Warranties and indemnities
  • Limits on liability
  • Competition law
  • Termination
  • Assignment, subcontracting and change of control
  • Dispute resolution

Different types of contract for life science companies ie:

  • Assignments
  • Confidentiality agreements
  • Materials evaluation agreements
  • Licences in and out
  • R&D contracts
  • Manufacturing and process development
  • Distribution and agency
  • Terms of purchase and supply
  • Industry specific contracts e.g. website terms, software, tissue banking, clinical trials

Practical points e.g.:

  • Data privacy
  • Perils and pitfalls in contract drafting
  • Using standard form contracts
  • Negotiating strategy and relationship management
  • National considerations
  • When to involve professional advisors

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