Or perhaps they structure a deal with Amin Talati Upadhye(ATU) via some cash but the majority of costs in shares? The 3 attornies representing ipci from ATU (Upadhye, Cwik, and Tang) have impressive resumes.
"Although many of our attorneys are trained scientists, we also leverage our extensive business law experience to help clients realize the full value of their intellectual property rights.....
For example, Amin Talati Upadhye lawyers acted as lead trial counsel in the groundbreaking case Merck & CIE, et al. v. Gnosis S.p.A., et al. where they achieved the first successful invalidation of several pharmaceutical patents through the new IPR process. This matter was also significant as it was the first time the Federal Circuit affirmed the Patent Trial and Appeal Board’s invalidation of a pharmaceutical patent in the new IPR process."
Cwik was lead attorney, Merck lost.
I think the real brain trust of these 3 will be Tang and Upadhye, and Cwik will summarize their findings.
The 4th attorney, an attorney, employed with another law firm out of Delaware, I haven't checked out.
Upadhye-As the former chief in-house counsel at three leading pharmaceutical companies, he is known for spearheading innovative business and legal strategies to protect an existing drug’s patent – or challenge those of a competitor. A prolific writer and frequent speaker, Shashank is the author of numerous articles and the leading treatise on navigating complex U.S. laws of FDA brand/generic drug development: Generic Pharmaceutical Patent & FDA Law, now in its 10th Edition (2016).
Tang- Yixin Tang combines a creative and assertive litigation style with a superb technical training in his legal practice focusing on intellectual property litigations.
...He has fine-tuned his practice to adapt to the various business, regulatory, and legal needs the clients may have. He has the ability to understand quickly the big picture as well as specific issues in the case, develop an efficient and effective litigation strategy from the start, and form and lead a team to execute the plan. Yixin is particularly adept at gaining insights into expert witnesses’ various technical expertise, understanding how the experts’ expertise fits into the legal strategy, and formulating strong arguments that are both legally and technically sound. More important, Yixin understands that the clients’ needs and concerns go beyond the particular litigation proceeding at hand, and has had extensive experience advising clients in developing and achieving their goals.
Prior to attending Harvard Law School, Yixin obtained a Ph.D. in Molecular Biology and Microbiology from Tufts University, taught microbiology at Brandeis University, and underwent post-doctoral training at the Whitehead Institute for Biomedical Research in Cambridge, Massachusetts. Yixin’s research interests involved plasmid vector engineering, microbe-host interactions and microbial pathogenesis, vertebrate embryonic development and the regulation of genes involved in signal transduction.
Yixin is an avid duplicate bridge player and competes frequently in national and regional tournaments. He enjoys travelling with his family to off-the-beaten-path locations all over the world.
The Whitehead Institute was founded by Jack Whitehead and MIT. Tang is no dope.
IPCI has 3 lawyers working out of Chicago and one out of Delaware. Purdue has 7 lawyers working out of New York, one out of Chicago, and one out of Delaware. Jones Day seems very politically connected(via the attornies they've hired(past politicians)). Hopefully ATU does not give the Jones Day shark out of Chicago the time of day. I expect Jones Day to bamboozle ipci with tons of paperwork.
Brains(ATU,IPCI) usually send Brawn(Jones Day,Purdue) home with the tale between their legs.
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