Practices

Life Sciences Corporate Partnering and Licensing

Why Cooley

Breakthroughs happen with Cooley. At Cooley, we don’t just advise – we accelerate your achievements. Our collaborative approach draws upon unparalleled experience and our extensive industry network to drive strategic solutions and resolve challenges. With Cooley as your catalyst, you’re not just part of the life sciences industry – you’re shaping it.

We have a dedicated team of 40+ corporate partnering and licensing lawyers, including senior team members who are internationally recognized as being the best in their field. Many of our lawyers are backed by a wealth of life sciences industry experience, having previously worked as pharmaceutical marketing specialists, business consultants, financial leaders, biotech researchers and in-house counsel at life sciences companies including Amgen, Bristol Myers Squibb, Exelixis, Jazz Pharmaceuticals, and Merck.

We bring to bear decades of experience across a diverse range of transaction structures, territories, product stages and technologies, including highly structured transactions with other drivers such as equity or research and development investment, option and stage-acquisition rights, complex financing, and tax structure and territory/field sharing.

Areas of practice

Complex early-stage R&D deals

  • Advising on target discovery collaborations
  • Drafting option-based structures
  • Negotiating preclinical program licensing

Clinical-stage asset deals

  • Assisting with co-development and/or profit-sharing or other complex financial arrangements
  • Advising on equity investments, credit facilities and other off-balance-sheet funding mechanisms
  • Counseling on cross-border and global transactions

Commercial-stage assets

  • Advising on co-promotion and indication-splitting arrangements
  • Assisting in structuring spinoffs, divestitures and out-licenses from pharma
  • Negotiating the repurposing of assets

Representative matters

2025

Enlaza Therapeutics Announces Strategic Collaboration With Vertex Pharmaceuticals

Heartflow Announces $364.2 Million Upsized IPO

Cooley Advises Investor Syndicate on $2.25 Billion Acquisition of HistoSonics

MannKind and Blackstone Announce up to $500 Million Strategic Financing Agreement

Y-mAbs Therapeutics Agrees to Acquisition by SERB Pharmaceuticals

Hengrui Pharma and GSK Enter Agreement to Develop up to 12 Medicines

Vicebio to Be Acquired by Sanofi for $1.6 Billion

Cooley Shortlisted Across Multiple Categories by LMG Life Sciences Americas

Capstan Therapeutics Announces up to $2.1 Billion Acquisition by AbbVie

Otsuka Pharmaceutical Announces Global Strategic Collaboration With Harbour BioMed

2024

Kura Oncology and Kyowa Kirin – $1.16 billion deal

AviadoBio and Astellas – $2.23 billion deal 

Foreseen Biotechnology and Ipsen – $1.03 billion deal

Radionetics Oncology and Eli Lilly – $1.14 billion deal

FutureGen and AbbVie – $1.71 billion deal

Ochre Bio and Boehringer Ingelheim – $1 billion deal