Transaction Case Studies
Development and Commercialization Agreement for Late-stage OTC Product
- Strategic Science & Technologies, LLC (SST) is a drug delivery company that exploits a novel formulation and the chemical charges to drive active pharmaceutical ingredients across skin
- Technology had near-term applications in a wide range of major therapeutic areas
- Engaged Locust Walk Partners as its exclusive commercial and business development advisor.
- Developed a comprehensive commercial assessment which included conducting primary market research among physicians, pharmacists and consumers. Instrumental in shifting partners perceptions of overall opportunity and for negotiating deal terms.
- Led an outreach to a targeted list of leading global and regional companies active in the consumer healthcare arena.
- Successfully secured competing term sheets from three of the largest consumer health care companies, with each company participating in a confidential diligence process.
- Conducted face-to-face negotiations of the term sheet and definitive agreement.
- Competitive negotiations process
- Completed transaction with a leading healthcare / pharmaceutical company.
CLIENT: Strategic Science & Technologies, LLC
Worldwide Licensing Agreement for IbuCream (topical ibuprofen)