CRA’s Life Sciences Practice was retained by a biotechnology company to perform a valuation of its gene editing patent portfolio, and to provide recommendations regarding potential licensing agreements with other companies. CRA developed a valuation model based on publicly available information relating to market opportunities, potential sales, and various risk factors for products in the field of human therapeutics. In addition to assisting the company in assessing the market potential for the use of the relevant patents in the fields of agriculture and research tools. CRA provided recommendations regarding the optimal royalty structure to include in potential future licensing agreements.
Update on the newly established Texas Business Court
On September 1, 2024, the Texas Business Court became officially operational, following Governor Greg Abbott’s signing of House Bill 19 in 2023 to create the...