Solution
LS Law stepped in to create a suite of template agreements tailored to Swarm Oncology’s needs. These included Confidentiality Agreements, Master Service Agreements, Consultancy Agreements, Licensing Agreements, and Material Transfer Agreements.
Additionally, LS Law provided support in negotiating Swarm Oncology’s first Collaborative Research and Development Agreement with a leading academic institution, along with a supplementary Material Transfer Agreement for human tissue samples.
Key Actions:
- Development of Template Agreements: Crafted essential legal documents to facilitate partnerships and services.
- Negotiation Support: Assisted in finalising a critical Collaborative Research and Development Agreement.
- Material Transfer Agreement: Ensured legal coverage for handling human tissue samples.
Results
LS Law’s intervention equipped Swarm Oncology with an array of template contracts, ensuring that legal risks were adequately mitigated. The successful negotiation of their first key Collaboration Arrangement marked a significant milestone for the company.
Quantified Benefits:
- Legal Risk Mitigation: Comprehensive legal templates covering critical aspects of partnerships and services.
- Operational Readiness: Enabled Swarm Oncology to engage with third parties confidently.
- Strategic Partnerships: Facilitated the formation of a pivotal collaboration with an academic institution.
The Future
Swarm Oncology continues to leverage the legal frameworks established by LS Law as they advance their research and development efforts. Future collaborations and partnerships will benefit from the robust legal foundation already in place, allowing the company to focus on innovation and growth.
How did the client feel
We were able to not only streamline the legal frameworks at Swarm Oncology but also ensure confidence that legal risk and Intellectual Property Rights had been adequately covered.