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Congrats, this seems like a much needed service (and thanks for all you do / have done for the startup community). Any plans to provide services to biopharma s
by aaavl2821 8y ago
Congrats, this seems like a much needed service (and thanks for all you do / have done for the startup community). Any plans to provide services to biopharma startups ($12B+ of VC investments into biopharma so far in 2018)?
Legal bills, especially IP, are one of if not the biggest expenses for biotech startups in the early days (in many months we spend more on IP than R&D), and IP is mission critical. It definitely feels like Russian roulette -- very hard to predict timing and magnitude of expenses. And it is hard to control expenses as well, bc of limited transparency
Communication is another big issue. For small teams that don't have in-house IP lawyers, or VCs with good relationships with IP lawyers, just translating emails from lawyers into actionable information can take up a lot of time, and we don't want to pay $600 for a phone call every time we want to clear something up
- justin 8y agoEventually - but no plans in the short term (outside of being able to do normal corporate transactional work companies require, which Atrium does for some bio startups). The goal is to eventually be able to expand service offerings to many different practice areas of law.