Milestones/achievements/messages? Gresh has provided high-level consulting services to the cities of Philadelphia and Wilmington and numerous economic redevelopment agencies. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. The newest proposed rule, if implemented, would bar employers from entering into noncompete agreements with their workers and require employers to rescind existing noncomplete restrictions with current and former workers. The indicator measures the comparison of what is actually performed with what can be achieved with the same consumption of resources. Jennifer Porter Senior Tax Manager at Pepper Financial Services Group We look forward to connecting with you! ATMP sponsors are also facing capitalization challenges in early 2022. Securing manufacturing capacity is a challenge. Reprinted here with permission. 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. Unlimited access to The Legal Intelligencer, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Your generosity will increase the affordability of a Temple education, break down barriers of inequity and open doors to opportunities for all. BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions. 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. If the answer is "very," a reverse merger will likely be the better option. Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. His attendance was poor (he nearly missed a third of the classes) and he continued to change the due dates on projects. . The offering is for floors three to 13, or 703,466 square feet. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Read More. Fourth, who would be the investors in the PIPE? Follow TWN and stay connected with them all!! 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. Tell us about a chief financial officer who deserves recognition for their stewardship. Temple Women are Everywhere!! VCard. Build a Morning News Digest: Easy, Custom Content, Free! Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. All Rights Reserved. #philadelphia #greaterphiladelphia #womenofdistinction #lifesciences #lawyer, Executive Director, Girls on the Run Philadelphia, MossRehab will have a prominent role in the transformation, which will see the hospital's emergency room close on June 30. #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. This material is made available to facilitate private study, scholarship, or research. She was a Legal intern for Judge Theodore McKee, United States Court of Appeals for the Third Circuit from 2006 to 2007. Jennifer is related to Andrew Michael Troutman and Maria Yvonne Fox as well as 3 additional people. Jennifer Porter is a Partner at Troutman Pepper based in Atlanta, Georgia. Consulting Magazine recognizes women leaders in technology across three categories Leadership, Client Service and Innovation. The pros and cons of reverse mergers and SPAC merger. Exclusive news, data and analytics for financial market professionals, Going public? lead articles editor, Temple Law Review), New York University Leonard N. School of Business, Eastern District of Pennsylvania, Judge J. Curtis Joyner, 2022 Women of Distinction, Philadelphia Business Journal, Corporate Social Responsibility Law & Policy, Going Public? 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? ACT: How is the local Cellicon Valley progressing? Chuck Sensiba is presenting during the Tools of the Trade: Skill-Building and Applications for Negotiations Techniques, workshop Follow the Temple Women's Network, Congratulations toLynne Holden, MD -Temple University Lewis Katz School of Medicine and 2023 Gallery of Success Honoree!! At a macro level, following record-breaking years in 2020 and 2021, the overall 2022 IPO market is on track . 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. A recent major addition to Cellicon Valley is Discovery Labs and the Center for Breakthrough Medicine (CBM). I guess marketers assume that women over 50 only want cats and denture cream, assuming we're even able to lift a feeble appendage to click the buy button. Prior to joining Goodwin, Jennifer practiced at another large international law firm. Expanding in Complementary Markets, Morgan Lewis Takes Entire Shearman Office in Munich, Including Personnel and Real Estate, As Demand Rises for Data Security Talent, Manatt Hires Faegre Drinker Cybersecurity Leader, Law Firm Leadership's Guide to Strategic Implementation of GPT-4, Law.com Editors and Analysts Offer Top Trends to Watch for 2023, State of the Industry: What a Difference a Year Makes, Consulting Women Leaders in Technology 2023, COMMERCIAL FINANCE ATTORNEY - CT OFFICES; REMOTE will be considered. DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Here's an excerpt: a group of 40 million 50+ American women represent over $15 trillion dollars in purchasing power and are are the healthiest, wealthiest, and most active generation in history. Follow the Temple Women's Network and stay connected with them all!! The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. #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. Sponsors often have post-closing board representation. In a typical SPAC structure, a SPAC goes public through the traditional IPO process, raising significant capital, and then has a limited amount of time to find a private company candidate to merge into it through a reverse merger. Rachael Bushey and Jennifer Porter are regular, joint contributing columnists on the life sciences industry for Reuters Legal News and Westlaw Today. Tag them in the comments for consideration. P.C. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. 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. It was especially insightful to hear their thoughts about a career in Marketing & Communications. 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. 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. Temple University 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. Together we can enhance every aspect of life on campus - from supporting the cherry and white on the sports field to supporting our students in the classroom and beyond. Congratulations Jennifer Porter!! Enhancing Multicultural Education Through Higher Education Initiatives . . After serving in the United States Air Force for five years, Jennifer Gresh earned her degree in geology at Temple University. 2023 MJH Life Sciences and Applied Clinical Trials Online. #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. Consider a donation to the area that matters the most to you Today's the day!! What a great honor. Thank you for the opportunity and the honor of sharing with your students Stacey Bennett, Communication Studies Area Head, Arts & Communication Department. 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. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. The second best result is Jennifer M Troutman age 40s in Mount Pleasant Mills, PA. ("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. (magna cum laude 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. 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. Congratulations! The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . "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). 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. In addition to raising capital, an IPO can give a life sciences company a higher profile and potential access to new and widespread investors. She is a graduate of Bates College and the Stanford Graduate School of Business, an experienced . Temple University. These services have included strategic real estate property assessment, remediation, planning for Brownfield redevelopment projects and managing large multidisciplinary projects. Jennifer L. Troutman's office is located at 4401 Penn Ave, Pittsburgh, PA. View the map. 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. 2023 MJH Life Sciences and Applied Clinical Trials Online. One Year In, SECs Gensler Has Delivered a Rulemaking Storm, Q&A With Jennifer Porter, Partner, Troutman Pepper, Century Therapeutics, Inc. in its $242.7 million initial public offering*, Collegium Pharmaceutical, Inc. in its $143.75 million offering of senior convertible notes*, Larimar Therapeutics, Inc. in its $80.5 million underwritten public follow-on offering*, Larimar Therapeutics, Inc. in its $80 million private placement*, Ocugen, Inc. in its $100 million registered direct offering*, Ocugen, Inc. in its $53.5 million public follow-on offering*, Societal CDMO, Inc. in its $35.6 million concurrent public offerings of common and preferred stock*, Recro Pharma, Inc. in its $30.0 million underwritten public follow-on offering*, TELA Bio, Inc. in its $57 million initial public offering*, TELA Bio, Inc. in its $55.2 million underwritten public follow-on offering*, TELA Bio, Inc. in its $36.8 million underwritten public follow-on offering*, Windtree Therapeutics, Inc. in its underwritten public offering and uplisting to Nasdaq*, Zynerba Pharmaceuticals, Inc. in its $57.5 million underwritten public follow-on offering*, Zynerba Pharmaceuticals, Inc, in its $48.3 million initial public offering*, Represented underwriters in multiple equity offerings and at-the-market offerings for life sciences issuers*, Collegium Pharmaceutical in its $604 million acquisition of BioDelivery Sciences International*, Eli Lilly and Company in its acquisition of Disarm Therapeutics for up to $1.22 billion*, Collegium Pharmaceutical in its $375 million acquisition of the nucynta franchise of products from Assertio*, Chondrial Therapeutics in its reverse merger with Zafgen, Inc. to form Larimar Therapeutics, and concurrent $80 million private placement*, Renovacor, Inc. in its sale to Rocket Pharmaceuticals, Inc.*, Societal CDMO, Inc. in its $50 million acquisition of IRISYS, a San Diego-based CDMO*, Recro Pharma, Inc. in its $175 million acquisition of a phase two product candidate and a manufacturing, formulation, and development business*, Renovacor, Inc. in its merger with SPAC Chardan Healthcare Acquisitions 2 Corp. and concurrent private placement*, ALKA bello in its acquisition of Otiprio and in other acquisitions and divestitures*, Panelist, Key Strategies for Navigating Your Career , Association of Corporate Counsel (ACC) Greater Philadelphia Chapter -Womens Summit, November 16, 2022, Panelist, State of the Market: Trends and Issues in Health Care and Life Sciences Transactions, ACC Greater Philadelphia In-House Counsel Conference, May 4, 2022, Co-Author, SECs Division of Corporation Finance Revises CD&Is on Non-GAAP Financial Measures, Troutman Pepper, December 16, 2022, Co-Author, SEC Proposes Rule Amendments for Beneficial Ownership Reporting, Troutman Pepper, February 28, 2022, Co-Author, SEC Proposes Rule Changes Shortening the Securities Settlement Cycle to T+1 By March 31, 2024, Troutman Pepper , February 28, 2022, Co-Author, SEC Proposes Rule Amendments Relating to Rule 10b5-1 and Insider Trading, Troutman Pepper, December 17,2021, Co-Author, SEC Proposes Rule Amendments to Improve Disclosures Relating to Share Repurchases, Troutman Pepper, December 16, 2021. 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. Select this result to view Jennifer Leighanne Troutman's phone number, address, and more. Text: 812-470-3148. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. Because a SPAC hasn't conducted business prior to going public, there are fewer diligence concerns for the private company. This article was published by Reuters on November 17, 2022. 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. For the private company, SPAC mergers carry many of the same advantages and disadvantages as reverse mergers. View the profiles of people named Jennifer Troutman. If the U.S. Securities and Exchange Commission closely scrutinizes the deal (which has been a recent trend), the private company might need to consider securing bridge financing from existing investors to buy it time until closing. A total of 14 partners formerly with Troutman Pepper have commenced their practice at Goodwin Procter. Engage via Email. Don't miss Applied Clinical Trials Magazine's interview with #troutmanpepper's Jennifer Porter. In our latest spotlight, meet Angela K. Pace, a #paralegal located in our Richmond office. All quotes delayed a minimum of 15 minutes. Opinions expressed are those of the author. Temple Toast is Temple Universitys annual day of giving, and your opportunity to contribute to a better future. After seeing several high-valuation IPOs in the space, such as Sana Biotechnology, Lyell Immunoharma and Caribou Biosciences, there has been a significant slowdown. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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 indicator measures the degree to which objectives are achieved and the extent to which targeted problems are solved. Contact Us| 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. Contact. Q&A With Jennifer Porter, partner, Troutman Pepper. Jennifer Porter, Troutman Pepper Hamilton Sanders ; Anne Prisco, Holy Family University ; Cindy Reiss-Clark, West Pharmaceutical Services ; Tracey Santilli, Tierney ; Temple Women's Network, Troutman Pepper Partner Jennifer Porter has played a critical role in a number of life sciences mergers and acquisitions, including Collegium Pharmaceutical's $604 million acquisition of BioDelivery Sciences International. First, the matchmaking process can be difficult as several private companies are turning to this alternative, so competition is high. Jennifer Porter Troutman Pepper Hamilton Sanders LLP - UNITED STATES. A recognized leader in the environmental consulting industry, Gresh was awarded the 2021 Touchstone Award by the Society of Women Environmental Professionals of Greater Philadelphia. Christina Furia-Daponte, Women's History Month factoid - apparently Pennsylvania had a woman Governor from 1712 until 1726!! Temple Women are Everywhere!! As a result, by roughly the midpoint of 2022, about a third as many biotech companies ( "Get ready for the biotech market rebound," Reuters Legal News, July 28, 2022) had completed an IPO as had done so by that same point in 2021. 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. Likewise, the public company should also conduct diligence on the target's assets to ensure they're securing the best deal for their shareholders. Determining which IPO alternative could be the right one. One of the challenges in developing products in the cell and gene therapy space is working in a regulatory landscape that is constantly evolving with the advancement of these novel technologies. Temple Women are Everywhere!! These rules require enhanced accounting and business disclosures. 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/eS_krevS Philadelphia 'Heavy Hitters' Exit Troutman Pepper, Casting Doubts on Merger Success, Big Law's Latest Growth Strategy? 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. Our session provided in-house #attorneys with practical insights and pointers about how to successfully navigate #government investigations within the unique #lifesciences regulatory landscape. Several cell and gene therapy clients we were working with in the confidential registration statement process have paused their IPO plans. 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. Congratulations JoAnne Epps!! She can be reached at jennifer.porter@troutman.com. partner, Troutman Pepper Hamilton Sanders Working on mergers and acquisitions in the life sciences field - of which Philadelphia is rapidly becoming a leader - Jennifer Porter has played a . Both options are priced the same. Jennifer Porter, a partner in Troutman Pepper's #HealthSciences Department, was recognized among the 2022 #Women of Distinction by the Philadelphia Business Explore the many ways to contribute and several donation levels. Law Offices of Gary Martin Hays & Associates Check out the topics we will be covering below or click the link to learn more. In fact, less than 5% of marketing strategies target women over 50, despite our massive financial influence in the U.S. Candidates must have general We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Jennifer has years of experience counseling clients in the life sciences industry through their most important strategic transactions and disclosure and governance issues. Your article was successfully shared with the contacts you provided. Law Offices of Frank L. Branson seeks associate with ten plus years plaintiffs' complex, multi-defendant, personal injury trial and appellat Shipman is seeking an attorney with 8+ years of experience, to join our corporate and transactional practice. #WPW2023 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. 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). 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. 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. Porter: The biggest issues were seeing for ATMP sponsors as we move out of the pandemic are related to manufacturing and financing. Before joining Goodwin, Jennifer was a partner at Troutman Pepper Hamilton Sanders LLP. The Q&A covers #regulatorycompliance, ATMP sponsors, and Porter discusses regulatory compliance, ATMP sponsors, and Philadelphias Cellicon Valley. 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. Goodwin Life Sciences Partner & Co-managing partner Philadelphia office, Partner in the Health Sciences Department at Troutman Pepper. 441 likes. Want to see someone you know featured? Temple University Andrea Wortzel is speaking on the Hot Regulatory and #Legal Topics panel Jennifer Porter's competencies. 12/1/2022 6:14 AM. See here for a complete list of exchanges and delays. The University of Evansville has been a part of my life and family for more than 25 years. Sep 18th, 2005. ACT: As we move out of the pandemic, what issues specific to ATMP sponsors are coming to the surface? Troutman Pepper Partner Jennifer Porter has played a critical role in a number of life sciences mergers and acquisitions, including Collegium Pharmaceutical's She represents life sciences companies, boards, and senior management in capital markets and M&A transactions as well . 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.
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