Law firms launch stem cell technology practices

While the ethics and legality of stem cell practices are being debated worldwide, law firms are launching stem cell technology practice to capitalize on business opportunities.

Where biotechnology and dot-com were the hot industries, of the 20th century, stem cell technology is the current trend.

Branching out from patent law, law firms are aiming to "position themselves as go-to legal advisors for universities, research facilities, biotechnology companies, and other clients in the stem cell arena."

Beyond patenting and licensing, legal services for stem cell research and other entities will involve "clearing regulatory hurdles at agencies like the Food and Drug Administration, navigating tax and financing issues, securing investment funding from venture capitalists, negotiating real estate deals for new facilities, and managing the litigation that inevitably will arise as stem cell products are commercialized." Stem cell legal services are deemed an outgrowth of "subspecialties -- mezzanine financing, nanotechnology, corporate governance."

We've come a long way from the scene in Woody Allen's film when the bad guys threaten to shoot the leader's nose (which is needed to clone back the leader himself).

My guess is, we'll soon see The Cloning Firm with its own website.

Law Offices of Michael H. Cohen offers general corporate legal services, litigation consultation, and expertise in health law, with a unique focus on alternative, complementary, and integrative medical therapies.

Michael H. Cohen is also President of the the Institute for Integrative and Energy Medicine, also known as the Institute for Health, Ethics, Law, Policy & Society. The Institute serves as a reliable forum for investigation and recommendations regarding the legal, regulatory, ethical, and health policy issues involved in the judicious integration of complementary and alternative medical therapies (such as acupuncture and traditional oriental medicine, chiropractic, massage therapy, herbal medicine) and conventional clinical care.

The most recent book written by Michael H. Cohen on health care law, regulation, ethics and policy pertaining to complementary and alternative medicine and related fields is an interdisciplinary collection of essays entitled, Healing at the Borderland of Medicine and Religion. This is the fourth book in a series, begun with Complementary and Alternative Medicine: Legal Boundaries and Regulatory Perspectives (1998).