Access to the entire ALM network of websites, Unlimited access to the ALM suite of newsletters, Build custom alerts on any search topic of your choosing. #philadelphia #greaterphiladelphia #cfo #finance, Backed by a massive increase in loans and the launch of a new business banking platform, Citadel Credit Union experienced record growth last year. These rules require enhanced accounting and business disclosures. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . What a great honor. Jennifer L. Porter is a partner in the Life Sciences group at Goodwin. Jennifer Porter is a partner in Troutman Pepper's Health Sciences Department. 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. Jennifer Porter, a partner in Troutman Pepper's #HealthSciences Department, was recognized among the 2022 #Women of Distinction by the Philadelphia Business In addition to working within these guidelines, sponsors should maintain an open dialogue with FDA with regard to development plan, clinical trial design and manufacturing plans and procedures. As home to the University of Pennsylvania, Childrens 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. #WPW2023 Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. Seasoned customer strategy executive with deep experience enhancing customer satisfaction, loyalty, and advocacy by creating meaningful and memorable experiences with products, programs, and service. The third result is Jennifer Anne Engerer age 40s in West Chester, PA. Site Map, Advertise| First, the matchmaking process can be difficult as several private companies are turning to this alternative, so competition is high. Reverse mergers: a simplified, but less stabilized, process. Securing manufacturing capacity is a challenge. Looking for Jennifer Porter online? #templemade. Efforts to integrate clients, systems, spaces and cultures under tight time restraints is an immense undertaking that affects populations across both firms including the #alumni networks. Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. See here for a complete list of exchanges and delays. Las Vega. 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. Westlaw Today is owned by Thomson Reuters and operates independently of Reuters News. #templemade #philadelphia #commercialrealestate #office #realestate, LAST CALL! Temple Women are Everywhere!! ATMP sponsors are also facing capitalization challenges in early 2022. Jennifer Porter's competencies. Nine of the 41 Honorees for 2022 are #TempleMade# They have also lived in Brookhaven, PA and Mechanicsburg, PA. 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. +1 445 207 7806. Congratulations to Temple University's Acting President JoAnne A. Build a Morning News Digest: Easy, Custom Content, Free! Learn more about Jason and our #Charlotte office, The Troutman Pepper #Hydropower Team will be attending and speaking at Waterpower Week in Washington, D.C. She represents life sciences companies, boards, and senior management in capital markets and M&A transactions as well . Porter discusses regulatory compliance, ATMP sponsors, and Philadelphias Cellicon Valley. @ Trotter Review, Special Edition, 1999. Sep 18th, 2005. Join us in congratulatingJennifer Gresh, Mid-Atlantic Environmental Practice Leader at Verdantas. The complexities of #lawfirm mergers are vast. "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). Congratulations! Jennifer Troutman for Itasca Village Board Trustee, Itasca, Illinois. Join Facebook to connect with Jennifer Porter and others you may know. 90% of the class did not pass his midterm exam because it had nothing to do with the lectures or the readings. Jennifer is related to Andrew Michael Troutman and Maria Yvonne Fox as well as 3 additional people. In addition, because SPACs are considered 'shell companies' under SEC rules, the post-merger company will be subject to increased SEC regulation, such as having to wait longer to rely on Rule 144 for resales of securities, or not being able to become a well-known seasoned issuer (WKSI) for at least three years post-merger. Jennifer Porter is a partner in Troutman Pepper's Health Sciences Department. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Thank you for the opportunity and the honor of sharing with your students Stacey Bennett, Communication Studies Area Head, Arts & Communication Department. 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. Troutman Pepper Partner Jennifer Porter has played a critical role in a number of life sciences mergers and acquisitions, including Collegium Pharmaceutical's This article was published by Reuters on November 17, 2022. Efforts to integrate clients, systems, spaces and cultures under tight time restraints is an immense undertaking that affects populations across both firms including the #alumni networks. Were spotlighting members of our #troutmanpepperTEAM to provide a glimpse into the people who make it all possible. The pros and cons of reverse mergers and SPAC merger. Determining which IPO alternative could be the right one. Given the fundraising climate today in the public markets, and the cash on hand most targets have, reverse mergers are currently attractive options. 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. Is a Rebound in the Offing for Biotech Investment? After seeing several high-valuation IPOs in the space, such as Sana Biotechnology, Lyell Immunoharma and Caribou Biosciences, there has been a significant slowdown. We look forward to connecting with you! The result is a combined publicly traded company in which the owners of the formerly private company have a controlling interest. 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. She can be reached at jennifer.porter@troutman.com. Demand for IPOs has taken a nosedive thanks to geopolitical instability, near-record levels of inflation, and rising global interest rates, leading the money raised by 2022's U.S. IPOs to be trending toward roughly 5%, of what was raised in 2021, according to EY Global IPO Trends. In addition, this type of manufacturing requires skilled operators, and manufacturers are facing the same labor challenges seen in the rest of the economy. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . Follow the Temple Women's Network, Congratulations toLynne Holden, MD -Temple University Lewis Katz School of Medicine and 2023 Gallery of Success Honoree!! Both macro and micro forces have chilled the health care and life sciences IPO market. 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. View the profiles of people named Jennifer Porter. If the answer is "very," a reverse merger will likely be the better option. #greaterphiladelphia #realestate #residentialrealestate #montgomerycountypa, Philadelphia restaurateur Stephen Starr and Keith McNally have officially brought New York's Pastis to Miami. 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. Troutman Pepper is proud to announce that we will be hosting the 2023 Philadelphia Alliance for Capital and . Customer Service| SEC; Publicly-Traded Companies; Coronavirus/COVID-19; Life Sciences; Nasdaq; Proposed Amendments . Incredibly well-deserved. Elizabeth McCormick is presenting for the Considerations for Voluntary Dam Removal session. Copyright 2023 ALM Global, LLC. When leaders of private biotech and pharmaceutical companies and their in-house counsel are contemplating a reverse merger or SPAC merger as an IPO alternative, they must be cognizant of the pros and cons of each so they can avoid doing more harm than good to their company's valuation, reputation, and prospects. Sponsors often have post-closing board representation. Popular Topics by This Author. Troutman, Porter L. Jr. BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions. Be sure to 'Follow' TWN and stay connected with them all!! Likewise, the public company should also conduct diligence on the target's assets to ensure they're securing the best deal for their shareholders. Check out the topics we will be covering below or click the link to learn more. Enhancing Multicultural Education Through Higher Education Initiatives . CongratulationsJennifer Porter! Additionally, the target company needs to be careful to understand the public company's assets and conduct thorough diligence to understand what liabilities it could be taking on. CBM is the first and largest single-point cell and gene therapy Contract Development and Manufacturing complex in the world, offering plasmid, viral vector and cell therapy manufacturing as well as process development, analytical development and testing services all on one site. . PIPEs often attract high-quality investors, so PIPE investors with industry experience and connections could make up for the lack of either in the reverse merger candidate's investors or the SPAC sponsor's connections. These services have included strategic real estate property assessment, remediation, planning for Brownfield redevelopment projects and managing large multidisciplinary projects. 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. Welcome, Joseph J. Jennifer Porter's Phone Number and Email. 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. In the life sciences space, the reverse merger is often into a public life sciences company that has cash on hand and has experienced a failed clinical program. A reverse merger occurs when a private company acquires a majority stake in a publicly held company, which then absorbs the formerly private company. Fourth, who would be the investors in the PIPE? Given the climate in the capital markets, competition in the private financing markets has also increased, making crossover and venture financing more difficult to secure. #philadelphia #greaterphiladelphia #healthcare #hospitals, IMC Construction of Malvern is projecting more than $500 million in revenue this year and says the leadership transition makes it the largest minority-owned commercial construction company on the East Coast. Troutman Pepper was proud to sponsor and speak at the ACC Greater Philadelphia In-House Counsel Conference. This class was BAD! The indicator measures the comparison of what is actually performed with what can be achieved with the same consumption of resources. Sponsors face the challenge of designing development plans and timelines to meet moving targets with respect to CMC requirements, clinical trial endpoints and criteria for approval. 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. 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. 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. 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. In our latest spotlight, meet Angela K. Pace, a #paralegal located in our Richmond office. She was a Legal intern for Judge Theodore McKee, United States Court of Appeals for the Third Circuit from 2006 to 2007. Don't miss Applied Clinical Trials Magazine's interview with #troutmanpepper's Jennifer Porter. Temple University Philadelphia continues to grow as an innovation hub, with promising startup and spin-out companies (including those guided by Dr. June and Dr. Wilson) finding a home in the Philadelphia area. Epps!! 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. Reprinted here with permission. Troutman Pepper Nov 2017 - Jan 2023 5 years 3 months. Jennifer L. Troutman's office is located at 4401 Penn Ave, Pittsburgh, PA. View the map. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. #philadelphia #dining #restaurants #commercialrealestate #foodanddrink. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. The firm began adding attorneys in Philadelphia roughly a year ago. Jean Dolan, M.A. 441 likes. Read more about this 2022 Women of Distinction honoree: As part of their growth strategy, private biotech and pharmaceutical companies often seek to raise capital through initial public offerings (IPOs). Follow TWN 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. Tell us about a chief financial officer who deserves recognition for their stewardship. Email. By Applied Clinical Trials Editorial Staff, Man arrested after $3M worth of drugs shipped to restaurant, World reacts to Dwyane Wade transgender news, The Russell Wilson trade is officially complete, I was sued by my co-workers after announcing Id won a $105m lottery but there was an even stranger twist, "Red Beans and Rice: A Classic New Orleans Dish and Monday Tradition" Recipe Included, Trump is 'Petrified' - Will Fill Up Diaper: Says Former Trump Attorney Michael Cohen, 4 people found shot in the head in California mass killing, Youre not crazy; your McDonalds hamburger does taste better, Update: Committee approves low-income senior housing. For the next 24 hours,you canto show your support in the areas that matter most to you. Contact Number Since 2018, several cell and gene therapy companies headquartered in the Philadelphia area, such as Cabaletta Bio, Castle Creek Bio, Century Therapeutics, and Passage Bio, have completed successful IPOs, with six IPOs in 2020 alone. . Both myself ('10, M '21) and my husband ('95) are UE alumni and are very proud of the educations we received here! Select Accept to consent or Reject to decline non-essential cookies for this use. #troutmanpepper attendees: Michael S. Lowe, Ashley L. Taylor, Jr., and Sean Fahey.
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