Both macro and micro forces have chilled the health care and life sciences IPO market. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . Thank you for the opportunity and the honor of sharing with your students Stacey Bennett, Communication Studies Area Head, Arts & Communication Department. If they include high-profile biotech investors, that could be a boom to the private company's efforts to grow and could give this option an edge over a SPAC merger. Philadelphia Business Journal announces 2022 Women of Distinction Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Troutman Pepper is proud to announce that we will be hosting the 2023 Philadelphia Alliance for Capital and . The Q&A covers #regulatorycompliance, ATMP sponsors, and Meeting projected time to market can be critical for these companies with respect to securing continued financing. #laborandemployment. Were spotlighting members of our #troutmanpepperTEAM to provide a glimpse into the people who make it all possible. Site Map, Advertise| Exclusive news, data and analytics for financial market professionals, Going public? The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. She represents life sciences companies, boards, and senior management in capital markets and M&A transactions as well . Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. One of the challenges in developing products in the cell and gene therapy space is working in a regulatory landscape that is constantly evolving with the advancement of these novel technologies. BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions. About Us| Jennifer Porter, a partner in Troutman Pepper's #HealthSciences Department, was recognized among the 2022 #Women of Distinction by the Philadelphia Business Here's an excerpt: a group of 40 million 50+ American women represent over $15 trillion dollars in purchasing power and are are the healthiest, wealthiest, and most active generation in history. Temple Women are Everywhere!! Gresh, a licensed professional geologist, has dedicated her 20+ year career to supporting the environmental needs of private and public sector clients in the Mid-Atlantic Region. Businesses should not expect this most recent setback in the DOJ's effort to secure criminal convictions for #labor-side violations to slow down their enforcement actions. Law Offices of Frank L. Branson seeks associate with ten plus years plaintiffs' complex, multi-defendant, personal injury trial and appellat Shipman is seeking an attorney with 8+ years of experience, to join our corporate and transactional practice. Tag them in the comments for consideration. Please join Troutman Pepper attorney Todd Heffner and the State Bar of Georgias #ConstructionLaw Section for an exciting virtual event featuring a panel of national mediators as they discuss #construction mediation from the mediators perspective. As Women's History Month comes to a close, we take a look back at one of the women who made history at Temple University, Dr. Laura Horner Carnell (September 7, 1867March 30, 1929) Temple University P.C. Welcome, Joseph J. Jennifer Porter's competencies. Given these challenges, ATMP sponsors are now implementing cost-saving strategies to extend cash runways, which can, among other strategies, include limiting development focus to one or two programs at a time.In addition, ATMP sponsors are looking for more creative financing alternatives, such as strategic collaborations with large pharma partners, royalty financing, venture debt and support from inside investors, to get them through until the markets rebound. Text: 812-470-3148. SEC; Publicly-Traded Companies; Coronavirus/COVID-19; Life Sciences; Nasdaq; Proposed Amendments . Temple Women are Everywhere! Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. Jennifer Troutman for Itasca Village Board Trustee | Itasca IL - Facebook Temple Women's Network, Celebrating 2023 Temple Made Days with our TWN Honorees to the Gallery of Success! Shawn Queeney In 2021, the bull market for life sciences companies began to stall. Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. Popular Topics by This Author. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Angela tells us about her secret life as a detective and why being able to say she gave her all to a client is so rewarding. #laborandemployment. Please join Troutman Pepper attorney Todd Heffner and the State Bar of Georgias #ConstructionLaw Section for an exciting virtual event featuring a panel of national mediators as they discuss #construction mediation from the mediators perspective. The third result is Jennifer Anne Engerer age 40s in West Chester, PA. Milestones/achievements/messages? Her recent projects included EPA Brownfield-funded environmental assessment and cleanup of abandoned oil terminals along the Schuylkill River to support redevelopment for Bartrams Trail and citywide assessments of Philadelphias parks and recreation properties for potential lead impact. Who knew!? jt65@evansville.edu. Seasoned customer strategy executive with deep experience enhancing customer satisfaction, loyalty, and advocacy by creating meaningful and memorable experiences with products, programs, and service. Prior to joining Goodwin, Jennifer practiced at another large international law firm. Congratulations Jennifer Porter!! If the U.S. Securities and Exchange Commission closely scrutinizes the deal (which has been a recent trend), the private company might need to consider securing bridge financing from existing investors to buy it time until closing. Jennifer Porter - Reuters Porter: Sponsors have been receptive to these guidances and, in fact, appreciate the clarity they can offer. Join Facebook to connect with Jennifer Troutman and others you may know. This process also usually entails private companies competing in an auction process with respect to their valuations and post-merger equity splits, and with respect to their ability to raise a PIPE to ensure a sufficient cash runway. What better way to ring in the new year than to celebrate Temple Alumnae honored as 2022 Women of Distinction? In a typical SPAC structure, a SPAC goes public through the traditional IPO process, raising significant capital, and then has a limited amount of time to find a private company candidate to merge into it through a reverse merger. Jennifer Porter - Partner - Troutman Pepper | ZoomInfo She can be reached at jennifer.porter@troutman.com. Law Offices of Gary Martin Hays & Associates Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. She also previously practiced as a Senior Associate at Hogan Lovells LLC, as an Associate at Pepper Hamilton, and as an Associate at Dechert LLP. @ Trotter Review, Special Edition, 1999. #WPW2023 #philadelphia #greaterphiladelphia #construction #development, We asked Philadelphia mayoral candidates for rapid-fire responses on a number of key topics. Learn more in our Cookie Policy. Accordingly, clients should be careful when seeking to limit the movement of their employees in agreement with competitors or discussing their employees pay with competitors. Engage via Email. Together we can enhance every aspect of life on campus - from supporting the cherry and white on the sports field to supporting our students in the classroom and beyond. #troutmanpepper attendees: Michael S. Lowe, Ashley L. Taylor, Jr., and Sean Fahey. At a micro level, 2022's softening economic conditions are frightening away the generalist investors that came into the health care and life sciences industry in recent years seeking outsized returns. The industry leader for online information for tax, accounting and finance professionals. Troutman Pepper Partner Jennifer Porter has played a critical role in a number of life sciences mergers and acquisitions, including Collegium Pharmaceutical's Since 2018, several cell and gene therapy companies headquartered in the Philadelphia area, such as Cabaletta Bio, Castle Creek Bio, Century Therapeutics, and Passage Bio, have completed successful IPOs, with six IPOs in 2020 alone. Amazing article by Forbes - thank you for sharing this Danielle Wiley! Jennifer Troutman for Itasca Village Board Trustee, Itasca, Illinois. A recent major addition to Cellicon Valley is Discovery Labs and the Center for Breakthrough Medicine (CBM). Phone: 812-488-2108. Sponsors face the challenge of designing development plans and timelines to meet moving targets with respect to CMC requirements, clinical trial endpoints and criteria for approval. Jennifer Porter Troutman Pepper + Follow Contact. They have also lived in Brookhaven, PA and Mechanicsburg, PA. Great Forbes piece on the fact that 40 million 50+ American women represent over $15 TRILLION dollars in purchasing power and are the healthiest, wealthiest, and most active generation in history but are fully ignored by marketers. ("Joe") Reilly, an experienced #attorney who advises financial services companies in various regulatory, enforcement, and compliance matters, to #troutmanpeppers nationally recognized #ConsumerFinancialServices Practice Group as a partner. All rights reserved. Third, who would be the potential SPAC sponsors? Both myself ('10, M '21) and my husband ('95) are UE alumni and are very proud of the educations we received here! Our Team Account subscription service is for legal teams of four or more attorneys. Facebook gives people the power. The indicator measures the ability to convey information to another effectively and efficiently. Through 2021 and 2022, the SEC increased its rulemaking regarding SPACs. Philadelphia Business Journal's Post - LinkedIn Temple Women are Everywhere!! TWN is excited to share the news that JoAnne A. Epps has been named Acting President for Temple Universityhttps://lnkd.in/eJZNk_Vf This article was published by Reuters on November 17, 2022. Wealth Management Banker, Vice President - Legal Specialty Group at Wells Fargo Private Bank, NMLSR ID: 685248, Business Development Manager at Troutman Pepper, Senior Business Developer at AmLaw 50 Law Firm. Both macro and micro forces have chilled the health care and life sciences IPO market. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Businesses should not expect this most recent setback in the DOJ's effort to secure criminal convictions for #labor-side violations to slow down their enforcement actions. View the profiles of people named Jennifer Porter. Practice Area Jurisdiction Rank Agg. Consider a donation to the area that matters the most to you Today's the day!! Expanding in Complementary Markets, Morgan Lewis Takes Entire Shearman Office in Munich, Including Personnel and Real Estate, As Demand Rises for Data Security Talent, Manatt Hires Faegre Drinker Cybersecurity Leader, Law Firm Leadership's Guide to Strategic Implementation of GPT-4, Law.com Editors and Analysts Offer Top Trends to Watch for 2023, State of the Industry: What a Difference a Year Makes, Consulting Women Leaders in Technology 2023, COMMERCIAL FINANCE ATTORNEY - CT OFFICES; REMOTE will be considered. Select Accept to consent or Reject to decline non-essential cookies for this use. FDAs Project Optimus Guidance: Highlights and Tips for Success for Oncology Drug Developers, Designing Clinical Trials for Frontotemporal Dementia, DIA Europe 2023: De-Carbonizing Your Clinical Trials. For life sciences companies, pivoting in a down market. Nine of the 41 Honorees for 2022 are#TempleMade!! This class was BAD! Goodwin Life Sciences Partner & Co-managing partner Philadelphia office, Partner in the Health Sciences Department at Troutman Pepper. Join us in congratulatingJennifer Porter- Partner inTroutman Pepper's Health Sciences Department. While a SPAC initially raises a significant amount of capital in its IPO, SPAC IPO investors have the right, in connection with a later proposed merger, to have their shares redeemed by the SPAC, which depletes the cash held in trust for the company that merges with the SPAC. We look forward to connecting with you! After seeing several high-valuation IPOs in the space, such as Sana Biotechnology, Lyell Immunoharma and Caribou Biosciences, there has been a significant slowdown. Before becoming Verdantas Mid-Atlantic environmental practice leader, Gresh was the Philadelphia division director. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy . How to Move from Self-Awareness to Self-Improvement Read More. At a macro level, following record-breaking years in 2020 and 2021, the overall 2022 IPO market is on track for its worst year in two decades ("IPO Market Faces Worst Year in Two Decades," The Wall Street Journal, Aug. 22, 2022). #WPW2023 In our latest spotlight, meet Angela K. Pace, a #paralegal located in our Richmond office. Jennifer Porter, a partner in Troutman Peppers #HealthSciences Department, was recognized among the 2022 #Women of Distinction by the Philadelphia Business Journal. Learn from some of the nations leading construction mediatorsincluding dos and donts, and what they wish every #attorney mediating before them would keep in mind. She also worked on the development and implementation of a soil and groundwater management plan for over 200,000 tons of excavated materials in support of construction activities for the Betsy Ross Bridge-Aramingo Avenue Interchange Project. See here for a complete list of exchanges and delays. Wonderful recognition of your work, Jennifer Porter! #templemade Jennifer Porter's Instagram, Twitter & Facebook on IDCrawl Gresh has provided high-level consulting services to the cities of Philadelphia and Wilmington and numerous economic redevelopment agencies. Jennifer L. Porter is a partner in the Life Sciences group at Goodwin. As home to the University of Pennsylvania, Children's Hospital of Philadelphia, & Jefferson Health, Philadelphia has seen the advancement of key cell and gene therapy leaders, such as Dr. Carl June and Dr. Jim Wilson. All rights reserved. #philadelphia #greaterphiladelphia #mayoralelection #government #politics, The 18.5-acre farmland estate in Montgomery County has 10 different buildings on the property, including a historic home that was once a school and outbuildings used as a gym, a greenhouse, event space and even a soap-making space. She is a graduate of Bates College and the Stanford Graduate School of Business, an experienced . #philadelphia #dining #restaurants #commercialrealestate #foodanddrink. Generations of Temple students know Carnell Hallbut few know anything about the woman its name honors. Troutman Pepper's alumni relations professionals, Erin Warner and Clare Roath, recently published an article in Law360 discussing the importance of law firm management's mindfulness of alumni engagement efforts during a #merger. Contact. In addition to working within these guidelines, sponsors should maintain an open dialogue with FDA with regard to development plan, clinical trial design and manufacturing plans and procedures. Q&A With Jennifer Porter, partner, Troutman Pepper Other former Troutman partners who began this week at Goodwin are Jennifer Porter, Geoff Starr, Timothy Atkins, Daniel Scolnick and Abraham J. Kwon in the life sciences group; John McGrath . Are the executives confident they can tell a compelling story to investors about why the company has forward momentum and why investing now will help it get to another value inflection point? lead articles editor, Temple Law Review), New York University Leonard N. School of Business, Eastern District of Pennsylvania, Judge J. Curtis Joyner, 2022 Women of Distinction, Philadelphia Business Journal, Corporate Social Responsibility Law & Policy, Going Public? The indicator measures the degree to which objectives are achieved and the extent to which targeted problems are solved. Last Update. #troutmanpepper attendees: Michael S. Lowe, Ashley L. Taylor, Jr., and Sean Fahey. However, leadership at these companies and their in-house counsel should carefully wegh the pros and cons of each alternative, and take into account several considerations, before pursuing a particular one. At a macro level, following record-breaking years in 2020 and 2021, the overall 2022 IPO market is on track . We look forward to connecting with you! Troutman Pepper was proud to sponsor and speak at the ACC Greater Philadelphia In-House Counsel Conference. Rights. Applied Clinical Trials: Since January 2020, the US Food and Drug Administration (FDA) has issued ten guidance documents for gene therapy program sponsors to align with the advances in research. #templemade Andrea Wortzel is speaking on the Hot Regulatory and #Legal Topics panel These services have included strategic real estate property assessment, remediation, planning for Brownfield redevelopment projects and managing large multidisciplinary projects. Nine of the 41 Honorees for 2022 are #TempleMade# By Applied Clinical Trials Editorial Staff, Man arrested after $3M worth of drugs shipped to restaurant, World reacts to Dwyane Wade transgender news, The Russell Wilson trade is officially complete, I was sued by my co-workers after announcing Id won a $105m lottery but there was an even stranger twist, "Red Beans and Rice: A Classic New Orleans Dish and Monday Tradition" Recipe Included, Trump is 'Petrified' - Will Fill Up Diaper: Says Former Trump Attorney Michael Cohen, 4 people found shot in the head in California mass killing, Youre not crazy; your McDonalds hamburger does taste better, Update: Committee approves low-income senior housing. This is particularly relevant for cell and gene therapies in the rare disease space, where, due to potential accelerated approval programs, sponsors could be moving to commercial manufacturing scale up in a short period of time. Jennifer Porter - Partner - Goodwin | LinkedIn How receptive have sponsors been to the various guidance and what. Hannah Callowhill Penn - https://lnkd.in/eJs2PYWe, #TempleToast- Monday, March 27 - Dont miss your chance to support the next generation of Temple Students making a change in this world. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Q&A With Jennifer Porter, partner, Troutman Pepper Practical guidance from an expert in the space. This material is made available to facilitate private study, scholarship, or research. That's why attractive reverse merger targets typically have cash on hand, and why there is often a side-by-side Private Investment in Public Equity (PIPE) to raise additional funds, ideally putting the private company in the position it would have been in, funding-wise, post-IPO. Jennifer Troutman in West Chester, PA - Whitepages Philadelphia. Given the climate in the capital markets, competition in the private financing markets has also increased, making crossover and venture financing more difficult to secure. Candidates should Lawyers of Distinction like to congratulate to the newest 2022 Lawyers of Distinction. PIPEs often attract high-quality investors, so PIPE investors with industry experience and connections could make up for the lack of either in the reverse merger candidate's investors or the SPAC sponsor's connections. Reprinted here with permission. Jennifer Porter is a Partner at Troutman Pepper based in Atlanta, Georgia. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Elizabeth McCormick is presenting for the Considerations for Voluntary Dam Removal session. The newest proposed rule, if implemented, would bar employers from entering into noncompete agreements with their workers and require employers to rescind existing noncomplete restrictions with current and former workers. ("Joe") Reilly, an experienced #attorney who advises financial services companies in various regulatory, enforcement, and compliance matters, to #troutmanpeppers nationally recognized #ConsumerFinancialServices Practice Group as a partner. Beyond limited capacity, there can also be several issues that can arise in the transition from lab-based manufacturing in early development stages to scaled up production.