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A big pharmaceutical company called on Morrison & Foerster partner Thomas Ciotti and associate Mika Mayer in April, eager to spend $10 billion on a biotech outfit. The drug maker needed due diligence on the target's intellectual property portfolio. Two months of vetting uncovered serious problems with the biotech's patents, and Ciotti and Mayer advised the client to drop the acquisition.
August 31, 2006 at 12:00 AM
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The original version of this story was published on National Law Journal
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