Stevens Institute of Technology (“Stevens”) has announced some great results impacting cancer therapies. In this note, I'll describe How Stevens is working with Hackensack Meridian Health on innovative drug delivery The crossover between the physical sciences and the life sciences continues ...
Newsletters & Blogs
HARD TIMES IN THE DIGITAL HEALTH FUNDING MARKET
Halloween may be over – but frightening developments can still abound. The availability of funds for digital healthcare companies has contracted significantly since the halcyon days of 2020 and 2021. The market has seen Bankruptcies and shutdowns of once promising companies Significant pull...
Squaring Off for a Fight: NVCA vs. the Securities & Exchange Commission
Over the years, I've seen a constant tension between capital market entrepreneurs and the regulators who try to set up “guardrails” to protect the public. When either side goes too far there's a backlash that moves the “needle” in the other direction. The current situation with the Securities a...
SAFEGUARDING YOUR BUSINESS: A Primer on Cybersecurity
Fortifying your business against cyber-attack is no longer a precaution – it's a necessity. Cybersecurity stands as the vanguard against an evolving landscape of cyber threats. Threat actors have become an omnipresent menace, targeting companies across industries. Cyber-attacks can lead to data ...
GREAT NEWS FOR SUFFERERS FROM HIVES: Congratulations to the Team at Celldex Therapeutics
A new investigational therapy from Celldex Therapeutics Inc. in Hampton, New Jersey provides the promise of substantial relief from “hives”, a painful condition affecting tens of millions of people worldwide. Chronic Spontaneous Urticaria (“CSU”) (the technical term for hives) is a condition tha...
INNOVATION EXPO AT PRINCETON UNIVERSITY
Innovation has a great home at Princeton. Earlier last month, Managing Partner, Phil Crowley, attended events at Princeton that showcased some of the great work being accomplished by its innovators, all with commercial potential. Here's an overview of some of the presentations. ArQitech This...
NJ EQUITY INVESTMENTS HEAT UP
A new public-private venture capital vehicle is set to power emerging businesses in New Jersey and it's just made its first move. The New Jersey Economic Development Authority (“NJEDA”) marked a significant milestone with its debut investment through the New Jersey Innovation Evergreen Fund (“NJ...
Innovations in Diabetes Care: Great Expectations
Diabetes can be a silent, slow killer. Over time, its detrimental effects on the body can result in life-altering complications. Today, diabetes isn't just a health concern—it's a worldwide epidemic. Since 1980, the number of individuals diagnosed with diabetes has almost quadrupled, illustrati...
DRIVING EV BATTERY INNOVATION THROUGH COLLABORATIVE AGREEMENTS
Sometimes it takes “two to tango!” Strategic alliances and joint development activities are pivotal drivers of progress in the rapidly advancing realm of electric vehicle (“EV”) battery production. The recently announced deal between Toyota and Idemitsu Kosan (“Idemistu”) serves as a powerful ex...
TEVENS INSTITUTE RELAUNCHES ARTIFICIAL INTELLIGENCE INSTITUTE
Artificial intelligence (“AI”) is all over the news these days. And Stevens Institute of Technology aims to be one of the leaders in studying and harnessing this amazing technology. The Stevens Institute for Artificial Intelligence (“SIAI”) is a university center drawing on the talents of over ...
Revolutionizing Solar Power
Imagine a home or office building where the windows aren't just sources of light and views, but active generators of electricity. Thanks to “power-generating glass,” this future is closer than you think thanks to research by Panasonic. Panasonic's breakthrough ultra-thin perovskite-based solar ...
Stevens Tech Shines in 2024 College Rankings
If you're a parent helping your child pick a university, getting rankings is an important part of the process. When it comes to evaluating the best colleges in the United States, The Wall Street Journal has been a trusted source since they started publishing rankings in 2016. This year, in colla...
CONGRATULATIONS TO OUR MANAGING PARTNER
Crowley Law LLC is pleased to announce that Philip P. Crowley, Managing Partner, has been named to the 2023 SuperLawyers. No more than five percent of the lawyers in New York are selected by Super Lawyers. Super Lawyers, part of Thomson Reuters, is a rating service of outstanding lawyers from m...
Bitcoin ETFs Create a Legal Storm
Technology can be exciting – sometimes TOO exciting! In the ever-evolving world of cryptocurrency, a fascinating development is unfolding: the emergence of Exchange-Traded Funds (“ETFs”) based on the spot value of Bitcoin – and some ensuing litigation (the TOO exciting part). A recent ruling by...
Transforming the Biopharmaceutical Industry
Come hear a distinguished leader of the pharmaceutical industry speak about the impact of technology on the biopharmaceutical industry. Dr. Giovanni Caforio, the Board Chair and Chief Executive Officer of Bristol Myers Squibb, will present on the topic of “Technology Is Transforming the Biopharm...
Exciting AI Webinar You Should Attend
Imagine a world where a seasoned mechanic, trained on the inner workings of combustion engines, seamlessly transitions to fixing a Tesla, thanks to a trusty augmented-reality “thinking cap” that offers real-time feedback, pinpoints missteps and answers questions on the fly. That's the ambitious ...
FDA Speaks on AI-Integrated Medical Devices
Do you think of Arnold Schwarzenegger in the film “Terminator” whenever we talk about “artificial intelligence”?! It really doesn't have to be scary. The intersection of artificial intelligence (“AI”) and medical devices has ushered in a new era of healthcare innovation. AI-driven devices incor...
Vulnerabilities in Pharma Supply Chains
There's no stopping Mother Nature when she gets going. The striking force of a tornado recently tore through a Pfizer factory in Rocky Mount, N.C. This weather event offers a poignant reminder of the intricate threads that weave their way through the pharmaceutical supply chain. On July 19, 2023...
Unveiling the Power and Pitfalls of Real-World Evidence (“RWE”) in Drug Testing
Pharmaceutical regulators are open to new kinds of data to support new drug applications. However, that doesn't mean that applicants can ignore the quality of that data. That's the topline message of a recent report from Cardinal Health that highlights the challenging journey from RWE to U.S. Fo...
AI Accelerates Biotech Research
Is artificial intelligence a boon or a bane?? – or perhaps a bit of both?? The application and advancement of artificial intelligence is one of the most discussed topics across industry sectors these days. There is no shortage of conversation about what AI holds for our collective futures. Some...
LEARN ABOUT ARTIFICIAL INTELLIGENCE IMPACTS IN BUSINESS
Expand your knowledge about how artificial intelligence (“AI”) is impacting business. Phil Crowley is serving as moderator for an informative seminar “Understanding Intellectual Property in Generative AI” by the NJ Chapter of the Licensing Executives Society (“LES”). The event will be held from ...
PROPOSED FED LAW WOULD CRUSH BIOTECH INDUSTRY
Recently proposed Federal legislation would have a very damaging effect on the biotech industry. Those are the conclusions of a recent report by industry analysts at Vital Transformation . The report modelled the effects of the Inflation Reduction Act (“IRA”), President Biden's proposed 2024 Budg...
Comparing State Data Privacy Laws
Maintaining the privacy of data received online is a significant concern for many businesses. Unlike many other countries, the United States does not currently have a single Federal law that governs privacy rights for individuals.[1] At this point, there exists a patchwork of privacy laws enacted...
Unleashing Innovation in New Jersey
Introduction New Jersey is leading the charge in promoting clean energy and sustainability through its Clean Tech R&D Voucher Program. As attorneys committed to supporting clean tech ventures, Crowley Law is here to guide and assist clients in navigating this groundbreaking initiative. In this bl...
IMPROVEMENTS TO NEW YORK HEALTH INSURANCE: BIOMARKER TESTING
Testing for biomarkers in patients is the state of the art in assessing effectiveness of therapies. The New York State legislature recently recognized that and passed a bill requiring health insurers, including Medicaid, to cover biomarker testing, a diagnostic tool for cancer and other medical c...