Chief Executive Officer and Co-Founder @ From January 2015 to Present (10 months) Greater Chicago AreaCo-Founder @ My responsibilities include business development and strategic planning for pharmaceutical acquisition and development. From May 2014 to Present (1 year 6 months) Greater Chicago AreaOutside Advisor @ Outside experts to advise on awarding proof-of-concept grants to projects with high potential for societal and commercial impact, helping them to bridge the gap between basic research funding and commercial investment that is often referred to as the “valley of death.” From December 2012 to Present (2 years 11 months) Greater Chicago AreaMentor @ Mentor teams to support university-based and local new technology innovation ventures. From July 2012 to Present (3 years 4 months) Greater Chicago AreaShareholder @ As a registered patent attorney, Teddy C. Scott’s practice focused on a wide variety of patent licensing matters and intellectual property issues in the areas of biotechnology and pharmaceuticals. Much of his practice involves the acquisition and enforcement of intellectual property rights worldwide and the design and implementation of global intellectual property strategies.
Mr. Scott also represented clients in domestic and international technology transactions involving intellectual property rights, such as collaboration, development, manufacture, technology acquisitions, university licenses, and the formation of joint ventures and other types of strategic alliances.
Drawing on his Ph.D. in molecular biophysics and his undergraduate degree in biochemistry, Mr. Scott counseled clients in matters relating to various technologies, including RNAi, stem cells, drug delivery systems, immunology, recombinant DNA, protein chemistry, gene therapy, transgenic animals, vaccines, combinatorial chemistry, pharmaceuticals and medical devices. From March 2006 to February 2015 (9 years) Senior Associate @ • Manage and supervise domestic and international biotechnology and pharmaceutical patent practice including: preparation of new applications, prosecution of applications and technology licensing in technological areas including microRNAs, RNAi, recombinant genetics, recombinant proteins, transgenic animals, erectile dysfunction, prodrugs, drug delivery, anticancer molecules, combination therapies, fertilization therapies, stem cells, hypogonadism, immunology, cells and cell lines, vaccines, adjuvants and MS
• Serve as primary counsel for patent-related issues and development of patent strategies based on business objectives of public companies, private companies and universities, including pharmaceutical and drug development companies
• Structure and negotiate complex agreements including license agreements, development agreements and corporate partnering transactions
• Advise companies on the intellectual property aspects of mergers & acquisitions, investments, technology transfers and public filings
• Prepare opinions on questions of patentability, validity, infringement and freedom to operate
• Ex parte reexamination of a competitor’s patent
• Conduct personal and telephone interviews with USPTO examiners to obtain allowance
• Supervise associates, patent agent and paralegals in IP department From July 2003 to March 2006 (2 years 9 months) Associate @ • Direct domestic and international biotechnology and pharmaceutical patent practice including drafting patent applications and prosecuting patent applications
• Prepare appeal brief to Federal Circuit affirming priority in patent interference
• Assist in patent litigation strategy and preparation of expert witness From September 2001 to July 2003 (1 year 11 months) Associate @ • Counseling public and private companies on issues relating to corporate governance, fiduciary duties, employee compensation and benefit matters, periodic SEC reporting and disclosure requirements
• Draft complex financial agreements from "seed" rounds through mezzanine rounds and mergers and acquisitions From 1999 to 2001 (2 years) Law Clerk @ • Prepare patent applications and responses to office actions
• Legal research From May 1998 to March 2000 (1 year 11 months) Graduate Student @ From 1992 to 1997 (5 years)
JD, Law @ Northwestern University School of Law From 1998 to 2000 Southern Methodist University Dedman School of Law From 1997 to 1998 Ph.D., Molecular Biophysics @ The University of Texas Southwestern Medical Center at Dallas From 1992 to 1997 B.S., Biochemistry @ Texas Tech University From 1984 to 1990 Teddy Ph.D. is skilled in: Procurement, Intellectual Property, Patents, Patent Prosecution, Licensing, Trade Secrets, Patent Litigation, Patentability, Property Management..., Biotechnology, Technology Transfer, Due Diligence, Lifesciences, Trademarks, Litigation, Copyright Law, Joint Ventures, Corporate Law, Corporate Governance, Trademark Infringement
Websites:
http://www.polsinelli.com/tscott/,
http://www.polsinelli.com