The purpose of this presentation is to provide general information on certain legal agreements and common issues that may be relevant to you in forming and implementing strategic alliances. This presentation and the information contained in the following slides should not be considered legal advice. Every case has special circumstances requiring its own analysis by legal counsel.
Why are Strategic Alliances Valuable in Today’s Market?
“Venture capitalists are placing more and more emphasis on a company’s ability to demonstrate customer ‘traction’ - either through early revenue or customer validation of the company’s product or product concept - before investing.”*
*From Hale and Dorr Venture Capital Report for 2003
Strategic Alliances As responsibility decreases, up-side opportunity decreases and need for financing decreases.
Well Crafted Agreements Can Provide a Blue Print to Success
Either party agrees that it will not perform services, commence a research or commercialization program (other than as contemplated by the collaboration), either alone or in collaboration with any third party, in competition with the Alliance in the relevant Field/ Territory/ Market