A global pharma powerhouse recently established a new digital technology arm. However, the internal legal team lacked the expertise required to navigate the complex intersection of AI, tech and pharma law. With myriad acquisitions, partnerships, and existing/future regulations, the new digital org needed a partner to help address data privacy, AI, IP, and regulatory compliance concerns.
Axiom deployed a tailored team of lawyers with extensive experience supporting technology roll-outs, including new AI products. The Axiom team drafted and negotiated vendor agreements, statements of work, and affiliate agreements with an eye towards data processing and privacy implications. They also issue spotted to ensure compliance with healthcare regulations like HIPAA and anti-kickback rules. Additional Axiom tech IP lawyers supported patent drafting for digital assets which the new org was developing internally and acquiring from external partners and sources.
*Cost savings estimates are based on actual Axiom rates compared to equivalent law firm rate averages as listed in Wolters Kluwer’s Real Rate report.