Three reasons why Life Sciences firms are active data rooms users

Jun 7, 2011 - by Elizabeth Caley

Tightening FDA approval standards are pushing Life Sciences firms to make even further investments in technologies that support secure document sharing with multiple parties.  At Firmex, our life sciences clients continue to open more data rooms and use more bandwidth and storage than any other industry segment.
The Life Sciences industry includes organizations involved in pharmaceuticals, biotechnology, medical devices and clinical research, all companies with highly capital intensive development pipelines.  To be successful, these firms must fill their pipelines with a steady stream of potential products from a range of R&D efforts, knowing that only a few will become commercial successes. 

We asked our Life Sciences clients to explain why they are such active users of data rooms, and here is what they told us: 

How energy and mining firms are using data rooms to drive growth

Jun 15, 2011 - by Aaron Booth

With long term demand for energy and base metals increasing worldwide, energy and mining companies are looking for innovative ways to grow at a time of economic uncertainty.  From M&A transactions to attracting new capital, many firms are using data rooms to coordinate discussions with potential partners and investors across the world.

To better manage M&A deals and attract financing in innovative ways, leading energy and mining firms are using data rooms to share confidential documents like contract drafts, engineering drawings, and site photos.  A properly configured data room plays a key role in coordinating secure communication across internal and external stakeholders such as board members, financers, bidders, accountants, and lawyers. 

We asked our energy and mining clients to tell us about emerging trends in their industry, and how they are using virtual data rooms beyond the more traditional uses of M&A deals and corporate financing applications:

M&A Master Class Series - Part 1 Recap

Sep 29, 2011 - by Joel Lessem

Recently I participated in the M&A Master Class webinar alongside Andrew J. Sherman, author and Partner at Jones Day.  What an incredible opportunity to listen to a leading authority on M&A, up close and personal. This session took listeners through not only his views on the current state of the market but also key steps to prepare for selling a company.  The slides to his presentation are posted on the Firmex website, but I thought I would re-iterate his views on the current state of the market, which he took us through in our conversation.