SOURCE: Choate, Hall & Stewart LLP

Choate, Hall & Stewart LLP

June 02, 2015 16:21 ET

Bob Licht Joins Choate, Hall & Stewart as a Partner in Life Sciences Group

Former Chief Corporation Counsel at Biogen Brings Substantial Life Sciences Industry Experience to New Role

BOSTON, MA--(Marketwired - Jun 2, 2015) - Choate, Hall & Stewart LLP today announced that Bob Licht, formerly Senior Vice President and Chief Corporation Counsel at Biogen Inc., has joined the firm as a Partner in its Life Sciences Group. Licht has over 22 years of experience as an in-house counsel at major companies across the region.

During his eight-year tenure at Nasdaq-listed Biogen, Licht was responsible for legal support for the company's corporate governance, securities law compliance and disclosure, finance and investor relations, business development including collaboration and licensing agreements, as well as public affairs, manufacturing, quality and supply chain matters, information technology, and real estate and environmental law.

"We are very excited that Bob has joined our preeminent Life Sciences practice. He is an important lateral hire who brings a wealth of high-level experience in the life sciences industry to our nationally recognized team," said Bill Gelnaw, co-managing partner at Choate, Hall & Stewart LLP. "Our clients will greatly benefit from his extensive industry expertise, keen problem solving abilities, and strong leadership skills. He is a perfect addition to our growing Life Sciences practice."

As a partner in the Life Sciences Group at Choate, Licht will focus on advising life sciences clients on corporate matters, including legal support and advice in connection with the research, development, and commercialization of pharmaceutical products, as well as merger and acquisition and financial transactions; representing life sciences companies in structuring and negotiating strategic transactions such as joint ventures, collaborations, and intellectual property licenses; and advising boards of directors and senior management teams on sensitive corporate governance and disclosure issues.

While at Biogen, Licht helped to structure, negotiate and close a broad range of financing, collaboration, licensing, and acquisition transactions including: a $3 billion Dutch auction share repurchase; a $1 billion senior unsecured public debt offering; monetization of the royalty stream from a marketed lupus medication; the $3.2 billion acquisition of the collaborator's interest in a drug development and commercialization agreement; two collaboration and IP licensing agreements for development of drug candidates for Alzheimer's disease; and a biosimilar joint venture arrangement.

"Choate has a reputation as one of the top law firms in the life sciences area. They understand the industry from every angle -- bringing deep scientific knowledge to their vast expertise in complex financing, IP, licensing, and corporate governance," said Licht. "This is the firm and team that I want to work with. I look forward to putting my years of experience at Biogen and other major companies to work for Choate's impressive roster of life science clients."

Licht received his J.D., magna cum laude, from Harvard Law School in 1978, where he was an editor of the Harvard Law Review, and his B.A., with distinction, from Cornell University in 1975.

Choate, Hall & Stewart LLP, one of the nation's leading law firms, is consistently recognized for excellence by Best Lawyers in America, Chambers USA, The Legal 500, World's Leading Lawyers, International Who's Who of Lawyers, and Expert Guides. With all of its lawyers under one roof, Choate focuses on a core group of areas where it represents clients across the United States and internationally and provides exceptional efficiency, service and value. Choate's areas of focus include life sciences, intellectual property, corporate/M&A, finance & restructuring, private equity, venture capital, technology companies, high-stakes litigation, insurance/reinsurance, and wealth management.

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