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Brainloop supports Major Licensing Deal for Nanobiotix with its Secure Dataroom
December 2012 by Emmanuelle Lamandé
Brainloop announced that French Nanobiotix S.A., a leader in the development of cancer treatments based on nanotherapeutics, has used Brainloop’s Secure Dataroom to negotiate an exclusive licensing and collaboration agreement with PharmaEngine, Inc. (Taipei, Taiwan). PharmaEngine, Inc., a specialty pharma company focused on the development of in-licensed oncology drugs, received exclusive rights to develop and commercialize Nanobiotix’ product NBTXR3 in the Asian-Pacific region, a transaction that was announced in August 2012. The goal of the cooperation is to accelerate NBTXR3 clinical program development and to develop the Asian market.
Nanobiotix used the Brainloop Secure Dataroom to manage access of several parties during the due diligence process before entering into the agreement with PharmaEngine, Inc. The information in the Brainloop Secure Dataroom included documents covering the non-clinical and clinical development of NBTXR3, regulatory aspects of the compound as well as documents covering the intellectual property.
“During licensing processes in particular, we provide external people with temporary access to confidential documents in the Secure Dataroom, ranging from clinical study protocols and results to our intellectual property dossiers,” said Dr. Bernd Mühlenweg, Head of Business Development at Nanobiotix. “These documents are often very large in size and can be made available to our bidders in a convenient and highly secure way on the web after they have shown substantial interest in the program and signed a confidentiality agreement. This enables them to assess their level of interest while the different parties view the information simultaneously but hidden from one another. Every access to the documents is logged, giving us a transparent and traceable process.”
Companies store their documents in the Secure Dataroom and access to them is limited to authorized users entering a personal password and/or a one-time code sent to the user’s cell phone. The documents are encrypted during transmission and while they are not being used. Brainloop’s operator shielding protects customers’ data on the server and prevents unauthorized access to it by administrators or data center staff. The solution includes an integrated audit trail that logs every action, which facilitates compliance by ensuring transparency and traceability. With the Brainloop Mobile for iPad app, Brainloop provides mobile users with secure access to confidential documents in the Secure Dataroom while they are traveling.
