Join me in the Executive Spotlight on the Passage to Profit radio show on July 14 at 8:05 PM on WOR 710 AM! Tune in on the iHeart Radio App (available for iOS and Android), online on the WOR710 website or the “old fashioned way” on the radio. Please join me as I approach subjects such as: How ...
Newsletters & Blogs
Accelerator Opportunity – Deadline Approaching
Tech entrepreneurs have an outstanding opportunity to receive capital and mentorship in NYC. The deadline for Entrepreneurs Roundtable Accelerator applications is November 5, 2018 for the Winter 2019 NYC Accelerator Program – https://www.eranyc.com ERA invests $100K in seed funding with potential...
OCTOBER 9 WEBINAR FOR CURRENT AND POTENTIAL COMPANY FOUNDERS
I'd like to recommend an interesting webinar that will provide practical perspectives to current and potential tech company founders. @Caroline Hoedemaker at Valued Solutions has assembled a panel of life science founders with perspectives based on real-life experiences in founding, growing and f...
NJ Economic Development Agency Announces Application Deadline for Sale of Net Operating Losses
BioNJ, New Jersey's advocate for the life sciences industry, just sent out an alert to members about New Jersey's innovative NOL transfer program. See the attached note from BioNJ and the NJ EDA's press release. It's a real boost for NJ technology businesses. Call us at 908-336-0795 with any ...
Johnson & Johnson Is On The Move
I had the opportunity for a pre-opening visit to the Johnson & Johnson Innovation – JLabs NYC (“JLabs-NYC”) facility at the New York Genome Center. JLabs is an innovative outreach program by Johnson & Johnson to assist growing life sciences companies develop their technologies in a supportive env...
Jlabs Opening In Nyc
JLABS, Johnson & Johnson's innovation center venture, is opening a branch in SoHo. I met Dr. Kate Merton, Director of JLABS@NYC at a recent kick-off event. She is a highly skilled scientist and entrepreneur who is passionate about supporting innovative life sciences company. As a former Johnson &...
Why Incorporate In Delaware?
Clients sometime ask me why so many investors and business owners choose to incorporate in Delaware. The answer is straightforward. It's a result of the Delaware General Corporate Law and interpretations of that law by the Delaware Supreme Court and the Delaware Court of Chancery. Although it's a...
How Analytics Can Impact Patient Care
In the health sciences, information technology and data analytics can have a dramatic impact on well-being. An example of this is the use of innovation to address some of the world's most pressing health challenges. One of these challenges is sepsis. It's a severe bloodstream infection that, if l...
UNIQUE EAVESDROPPING ON INVESTORS’ DISCUSSIONS – DECEMBER 13
The Mid-Atlantic BioAngels group is sponsoring an interesting pitch competition among winners of a number of East Coast pitch events. The presenters will be able to present and then hear the confidential assessments of experienced investors they otherwise never learn about. It should be fascinati...
5 Key Legal Issues In Clinical Trials
Conducting clinical trials is an important part of developing new medical products and procedures. These trials can be difficult to structure properly, time-consuming, and very expensive. What many people fail to realize, however, is that they can also raise significant legal issues if they aren'...
Check Your Website: Changes Coming For Web Security
Google is taking a major step to encourage upgrades to online security. Beginning in late October 2017, Google will “flag” as unsecure websites that use the “http” (Hyper Text Transfer Protocol) communications protocol. They may also downgrade a site's prominence in search results. This could res...
HS Design Wins Accolades In Medical Product Design
I'm pleased to announced recent successes for my client, HS Design Inc. (Gladstone, NJ). HSD was recently awarded a Phase I Small Business Innovative Research (SBIR) grant from the National Institutes of Health for a drug delivery device for pediatric cancer patients. These grants are difficult t...
Bench To Bedside Initiative “Pitch” Event
Medical innovation is alive and well in NYC. I had the pleasure of serving as a judge at the Bench to Bedside Initiative Practice Round “Pitch” Event at Weill Cornell Medical College this week. The Bench to Bedside Initiative is a collaboration among Weill Cornell Medical College, Memorial Sloan...
5 Legal Issues For Social Media Users
Most people these days log onto social media accounts daily, and many do it multiple times throughout the day. Whether it is Facebook, Twitter, LinkedIn or any of the others that are available, these systems can be useful tools for gathering and sharing information, keeping in touch, finding work...
Health Care And Competition
Health care needs real competition. So say two Harvard faculty members based on research and experience discussed in a Harvard Business Review article. Professor Leemore Dafny (Professor Harvard Business School) and Dr. Thomas H. Lee (faculty Harvard Medical School) argue that the lack of competi...
Law Office of Philip P. Crowley Helps Client Receive Funding
I'm pleased to announce that my client, BioAxone Biosciences Inc., has just received a substantial grant. The National Institute of Neurological Disorders and Stroke has awarded BioAxone and its collaborator, RXI Pharmaceuticals Inc., with a $1.6 Million two-year grant to continue their research ...
Stevens Institute of Technology Makes 2018 “Best Colleges”
I have some good news I'd like to share. As many of you know, for over 20 years I've been a Trustee of my alma mater, Stevens Institute of Technology in Hoboken, NJ, where I earned my B.S. in physics. That work has involved oversight of academic entrepreneurship and innovation as well as other ma...
Watch For Mobile “Big Data” Apps Developments
Mobile apps for health-related applications is an exciting area of development. Google just acquired Senosis, a University of Washington-based startup focused on using cell phones and their sophisticated sensors to monitor health status. It's another confluence of computing power, mobile technolo...
Crowdfunding 101: What You Need To Know
Funding! It's the fuel that powers your business. When starting or growing your business, it is often necessary to acquire capital to help get things done. Attaining this funding is often accomplished through loans (convertible into equity or non-convertible), angel investors, venture capitalists...
Risky Business: 6 Common Legal Risks Faced By Businesses And How To Mitigate Them
Running a business always entails a certain level of risk. Any good business owner knows that it is important to understand those risks and take the necessary steps to minimize them, in order to succeed and endure. While there are many types of risk that a business may face, legal risks are argua...
Protecting Your Business: Dealing With Employees And Contractors
Employees and independent contractors can be a mixed blessing. They can add tremendously to your business if handled correctly. If handled incorrectly, they can undermine your success and detract from your business. Here we'll deal with just a few of the issues that the careful founder, researche...
Protecting Your Business: Form Of Entity
The form you use to conduct your business has real world consequences. And this applies whether you're in a high technology business like biotechnology, pharmaceuticals, diagnostics, medicals or diagnostics, or in a low technology business like consumer products, apparel or personal services. Man...
Choosing A Legal Entity: What You Need To Know About LLCS
Choosing the right entity for your business is one of the biggest decisions you will ever make as an entrepreneur. It affects your personal liability, the way you pay taxes, your operating procedure, and what regulations and restrictions apply to the way you do business. Many entrepreneurs opt to...