The biotechnology and pharmaceutical businesses often require a long period of research and development. During such a period, the businesses may face many legal issues involving intellectual property rights, clinical trials, technology licensing or transfer, mass production, fundraising and structuring shareholding, legal compliance, etc. Formosan Brothers’ professional team in biotechnology and pharmaceutical is here to offer clients with needed legal analysis and risk assessment in every stage of product development cycle.
We have recently advised the Taiwan subsidiary of an internationally renowned pharmaceutical company in handling legal compliance and personal information protection matters, including providing education and training for company personnel and formulating internal rules to comply with regulations. We have also provided legal opinions related to competition law on drug prices and marketing methods. Moreover, we have provided compliance-related opinions in regard to the inspection and registration of drugs and medical equipment as well as the emerging field of laboratory-developed tests.