+1 445 207 7806. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. But with the IPO market currently in a slump, private companies may want to consider two alternative paths to going public reverse mergers and special purpose acquisition company (SPAC) mergers that could provide them the resources necessary to continue growing. Troutman Pepper var today = new Date(); var yyyy = today.getFullYear();document.write(yyyy + " "); | Attorney Advertising, Copyright var today = new Date(); var yyyy = today.getFullYear();document.write(yyyy + " "); JD Supra, LLC. As cell and gene therapy manufacturing demand is expected to continue to outpace capacity, the Discovery Labs and CBM will help support the growth of Philadelphias cell and gene therapy companies. To read Barbara Sicalides, Chris Young, Megan Rahman, and Robert A. Jenkin II's recent American Bar Association's Business Law Today article, click below. The complexities of #lawfirm mergers are vast. Who knew!? 2023 MJH Life Sciences and Applied Clinical Trials Online. A neonatal nurse practitioner is a nurse who completed a graduate degree in advanced practice nursing and a . How to Move from Self-Awareness to Self-Improvement We are pleased to introduce our new Charlotte Office Managing Partner Jason Evans. A total of 14 partners formerly with Troutman Pepper have commenced their practice at Goodwin Procter. Temple University Unlike an IPO, with a reverse merger a private company can go public without raising more capital, so the company will need to have a funding plan to make up for this lack of capital infusion. Likewise, the public company should also conduct diligence on the target's assets to ensure they're securing the best deal for their shareholders. P.C. Here are their answers on the Roosevelt Boulevard subway proposal, future tax abatements, a possible wealth tax and much more. Chuck Sensiba is presenting during the Tools of the Trade: Skill-Building and Applications for Negotiations Techniques, workshop Porter: Philadelphias Cellicon Valley continues to grow. Jennifer focuses primarily on the representation of . Rights. "Get ready for the biotech market rebound," Reuters Legal News, July 28, 2022, Colorado Supreme Court Confirms Bankruptcy Discharge Does Not Trigger Statute of Limitations to Recover Debt, Michigan AG Urges Truthful Advertising From Kroger, NCAA President Charlie Bakers NIL Comments Highway to NIL, OCC and FDIC Issue Separate Guidance on Overdraft Fees, North Carolina AG Warns Consumers of Fake Online Reviews, Private Investment in Public Equity (PIPEs), Special Purpose Acquisition Companies (SPACs). #philadelphia #greaterphiladelphia #creditunion #banking #finance, Restaurateur Avram Hornik of FCM Hospitality plans to open an outdoor seasonal garden restaurant on a vacant lot near Rittenhouse Square. Learn more in our Cookie Policy. Jennifer Troutman for Itasca Village Board Trustee, Itasca, Illinois. Beyond limited capacity, there can also be several issues that can arise in the transition from lab-based manufacturing in early development stages to scaled up production. #troutmanpepper attendees: Michael S. Lowe, Ashley L. Taylor, Jr., and Sean Fahey. Deals Value Clients Dimension N. of Transactions Temple Women are Everywhere!! In a recent Business Law Today article, #troutmanpepper attorneys Matthew DelDuca, Barbara Sicalides, and Chelsea Harris discussed the latest FTC campaign development against #noncompete clauses. Jennifer Porter Senior Tax Manager at Pepper Financial Services Group She also worked on the development and implementation of a soil and groundwater management plan for over 200,000 tons of excavated materials in support of construction activities for the Betsy Ross Bridge-Aramingo Avenue Interchange Project. Email. The Boston-founded Am Law 50 firms plan to become long-term tenants in the city by 2024 comes after a year of quietly operating out of a temporary spacein the Cira Center and recruiting from locally rooted competitors like Morgan, Lewis & Bockius and Duane Morris. Jennifer Porter Profiles | Facebook Troutman Pepper is proud to announce that we will be hosting the 2023 Philadelphia Alliance for Capital and . Reprinted here with permission. Both options are priced the same. Congratulations Jennifer Porter!What better way to ring in the new year than to celebrate Temple Alumnae honored as 2022 Women of Distinction? Check out the topics we will be covering below or click the link to learn more. BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions. Denise DaPonte's Post - LinkedIn Angela tells us about her secret life as a detective and why being able to say she gave her all to a client is so rewarding. The indicator measures the ability to convey information to another effectively and efficiently. The firm began adding attorneys in Philadelphia roughly a year ago. All rights reserved. When deciding whether to pursue a reverse merger or a SPAC merger, the leadership and in-house counsel of a life sciences company should consider the following additional factors. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. Third, without a banker drumming up demand before an IPO, and then maintaining demand while stabilizing the stock price after, newly combined companies must do so on their own, which could lead to stock price instability. Troutman Pepper on LinkedIn: Jennifer Porter Interviewed by Applied Until economic conditions are once again attractive enough for private biotech and pharmaceutical companies to pursue IPOs, reverse mergers and SPAC mergers will be viable alternatives. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. https://bit.ly/3mZQgdK, Congratulations Jennifer! Jennifer L. Porter is a partner in the Life Sciences group at Goodwin. Accordingly, clients should be careful when seeking to limit the movement of their employees in agreement with competitors or discussing their employees pay with competitors. These services have included strategic real estate property assessment, remediation, planning for Brownfield redevelopment projects and managing large multidisciplinary projects. ACT: As we move out of the pandemic, what issues specific to ATMP sponsors are coming to the surface? Gresh, a licensed professional geologist, has dedicated her 20+ year career to supporting the environmental needs of private and public sector clients in the Mid-Atlantic Region. Applied Clinical Trials: Since January 2020, the US Food and Drug Administration (FDA) has issued ten guidance documents for gene therapy program sponsors to align with the advances in research. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Q&A With Jennifer Porter, partner, Troutman Pepper There are limited manufacturers with the expertise and facilities to manufacture cell and gene therapy products. The indicator measures the comparison of what is actually performed with what can be achieved with the same consumption of resources. j***@troutman.com. Before joining Goodwin, Jennifer was a partner at Troutman Pepper Hamilton Sanders LLP. Despite the DOJs difficulty in securing jury convictions, the guilty plea by VDA and the Biden administrations stated policy of trying to protect #employees from what it perceives to be unreasonable restraints suggest that the DOJ will continue to indict businesses and individuals for alleged Section 1 violations involving no-poach agreements or #wagefixing. Where is Jennifer L. Troutman's office located? Join us in congratulatingJennifer Porter- Partner inTroutman Pepper's Health Sciences Department. Philadelphia 'Heavy Hitters' Exit Troutman Pepper, Casting Doubts on Merger Success, Big Law's Latest Growth Strategy? Goodwin lawyers currently inhabit temporary space in the Cira Center. Learn from some of the nations leading construction mediatorsincluding dos and donts, and what they wish every #attorney mediating before them would keep in mind. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . Is a Rebound in the Offing for Biotech Investment? This class was BAD! Consider a donation to the area that matters the most to you Today's the day!! Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. After serving in the United States Air Force for five years, Jennifer Gresh earned her degree in geology at Temple University. All quotes delayed a minimum of 15 minutes. After confirming the addition of a 14-partner group from Troutman Pepper Hamilton Sanders last week, leaders at Goodwin Procter said they have a 12-month plan to move their nascent Philadelphia life sciences, private equity and white-collar practices from a temporary sublease to a permanent office location. In early 2022, CBM and the University of Pennsylvanias Gene Therapy Program signed a landmark collaboration agreement, to combine Penns knowledge and expertise in the development of gene therapies with CBMs manufacturing capacity and singular focus on advanced therapies. Troutman Pepper's alumni relations professionals, Erin Warner and Clare Roath, recently published an article in Law360 discussing the importance of law firm management's mindfulness of alumni engagement efforts during a #merger. Hannah Callowhill Penn - https://lnkd.in/eJs2PYWe, #TempleToast- Monday, March 27 - Dont miss your chance to support the next generation of Temple Students making a change in this world. As home to the University of Pennsylvania, Children's Hospital of Philadelphia, & Jefferson Health, Philadelphia has seen the advancement of key cell and gene therapy leaders, such as Dr. Carl June and Dr. Jim Wilson. Wealth Management Banker, Vice President - Legal Specialty Group at Wells Fargo Private Bank, NMLSR ID: 685248, Business Development Manager at Troutman Pepper, Senior Business Developer at AmLaw 50 Law Firm. Great Forbes piece on the fact that 40 million 50+ American women represent over $15 TRILLION dollars in purchasing power and are the healthiest, wealthiest, and most active generation in history but are fully ignored by marketers. 12/1/2022 6:14 AM. If a sponsor has deep industry connections, including individuals who want to pursue a board seat, this option could be more attractive than a reverse merger where the target's investors are primarily retail investors. A cold front passes through the health care and life sciences IPO market. #WPW2023 Meeting projected time to market can be critical for these companies with respect to securing continued financing. The second best result is Jennifer M Troutman age 40s in Mount Pleasant Mills, PA. How receptive have sponsors been to the various guidance and what. However, leadership at these companies and their in-house counsel should carefully wegh the pros and cons of each alternative, and take into account several considerations, before pursuing a particular one. At a macro level, following record-breaking years in 2020 and 2021, the overall 2022 IPO market is on track . Last Update. https://lnkd.in/g9J6J-Bg, Super excited to share my professional experience with students at Bucks County Community College. The firm's litigation, transactional, and regulatory practices advise a diverse client base, from startups to multinational enterprises. Prior to joining Goodwin, Jennifer practiced at another large international law firm. That's why attractive reverse merger targets typically have cash on hand, and why there is often a side-by-side Private Investment in Public Equity (PIPE) to raise additional funds, ideally putting the private company in the position it would have been in, funding-wise, post-IPO. Congratulations Jennifer Porter!! Contact. https://lnkd.in/eyrEBJjH To embed, copy and paste the code into your website or blog: Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: [Ongoing] Read Latest COVID-19 Guidance, All Aspects, [Hot Topic] Environmental, Social & Governance. Jennifer has years of experience counseling clients in the life sciences industry through their most important strategic transactions and disclosure and governance issues. For the next 24 hours,you canto show your support in the areas that matter most to you. Jennifer Porter, Laura Umbrecht, Alicia Worthy, Stephanie Isaia, Alice . Congratulations! Candidates must have general We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. 2. Troutman Pepper Partner Jennifer Porter has played a critical role in a number of life sciences mergers and acquisitions, including Collegium Pharmaceutical's At a micro level, 2022's softening economic conditions are frightening away the generalist investors that came into the health care and life sciences industry in recent years seeking outsized returns. Facebook gives people the power. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. A page to support and encourage Jennifer Troutman in running for Itasca Village Board Trustee in the consolidated. Temple Toast is Today! It was especially insightful to hear their thoughts about a career in Marketing & Communications. Las Vega. Nine of the 41 Honorees for 2022 are #TempleMade# In addition, this type of manufacturing requires skilled operators, and manufacturers are facing the same labor challenges seen in the rest of the economy. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Troutman Pepper on LinkedIn: Philadelphia Business Journal Names Temple Women are Everywhere!! Troutman Porter L., Julian, A Case Study, Educators Healing Racism . . Generations of Temple students know Carnell Hallbut few know anything about the woman its name honors. Are the executives confident they can tell a compelling story to investors about why the company has forward momentum and why investing now will help it get to another value inflection point? Select this result to view Jennifer Kay Troutman's phone number, address, and more. As Women's History Month comes to a close, we take a look back at one of the women who made history at Temple University, Dr. Laura Horner Carnell (September 7, 1867March 30, 1929) To read Barbara Sicalides, Chris Young, Megan Rahman, and Robert A. Jenkin II's recent American Bar Association's Business Law Today article, click below. Facebook gives people the. ("Joe") Reilly, an experienced #attorney who advises financial services companies in various regulatory, enforcement, and compliance matters, to #troutmanpeppers nationally recognized #ConsumerFinancialServices Practice Group as a partner. Don't miss Applied Clinical Trials Magazine's interview with #troutmanpepper's Jennifer Porter. Determining which IPO alternative could be the right one. #laborandemployment. Our session provided in-house #attorneys with practical insights and pointers about how to successfully navigate #government investigations within the unique #lifesciences regulatory landscape. This process also usually entails private companies competing in an auction process with respect to their valuations and post-merger equity splits, and with respect to their ability to raise a PIPE to ensure a sufficient cash runway. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. She can be reached at jennifer.porter@troutman.com. The industry leader for online information for tax, accounting and finance professionals. The pros and cons of reverse mergers and SPAC merger. #philadelphia #greaterphiladelphia #construction #development, We asked Philadelphia mayoral candidates for rapid-fire responses on a number of key topics. Seasoned customer strategy executive with deep experience enhancing customer satisfaction, loyalty, and advocacy by creating meaningful and memorable experiences with products, programs, and service. Businesses should not expect this most recent setback in the DOJ's effort to secure criminal convictions for #labor-side violations to slow down their enforcement actions. If they include high-profile biotech investors, that could be a boom to the private company's efforts to grow and could give this option an edge over a SPAC merger. Jennifers representation of life sciences companies spans the corporate life cycle, including formation matters, general corporate representations and counseling, public and private securities offerings, and mergers and acquisitions. At present there are over 30 cell and gene therapy companies and 60 labs in the region, as well as big pharma presence from GlaxoSmithKline, Bristol Myers Squibb, Merck, Sanofi, and Johnson & Johnson. She represents life sciences companies, boards, and senior management in capital markets and M&A transactions as well . With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is particularly relevant for cell and gene therapies in the rare disease space, where, due to potential accelerated approval programs, sponsors could be moving to commercial manufacturing scale up in a short period of time. Want to see someone you know featured? #restaurants #dining #foodanddrink, A historic 1931 building on Market Street is up for sale again, two years after it was previously listed and then taken off the market. They have also lived in Sunbury, PA and Mt Pleasant Mills, PA. Jennifer is related to Shirley M Troutman and Brian George Troutman as well as 2 additional people. Other former Troutman partners who began this week at Goodwin are Jennifer Porter, Geoff Starr, Timothy Atkins, Daniel Scolnick and Abraham J. Kwon in the life sciences group; John McGrath . Temple University Follow TWN #goodstuff #bucksalumni At a macro level, following record-breaking years in 2020 and 2021, the overall 2022 IPO market is on track for its worst year in two decades ("IPO Market Faces Worst Year in Two Decades," The Wall Street Journal, Aug. 22, 2022). Jennifer L. Troutman's office is located at 4401 Penn Ave, Pittsburgh, PA. View the map. See here for a complete list of exchanges and delays. In our latest spotlight, meet Angela K. Pace, a #paralegal located in our Richmond office. View PDF. For Life Sciences Companies, Pivoting in a Down Market, Women of Distinction 2022: Jennifer Porter, Troutman Pepper Hamilton Sanders. Welcome, Joseph J. All Rights Reserved. 441 likes. Finally, how important is it for the private company to acquire legacy assets from a merger partner? Others named Jennifer Porter. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The complexities of #lawfirm mergers are vast. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! With valuations falling due to industry pressures, startups are hesitant to go public for fear of locking in lower valuations and providing less-than-stellar returns to their early investors. Text: 812-470-3148. Jennifer Porter's competencies. While a SPAC initially raises a significant amount of capital in its IPO, SPAC IPO investors have the right, in connection with a later proposed merger, to have their shares redeemed by the SPAC, which depletes the cash held in trust for the company that merges with the SPAC. https://lnkd.in/eGrEkihW, Drexel University Alumni's 40 Under 40 https://lnkd.in/eJK-PRMH