Biography

Rob Funsten is the Co-Chair of Brown Rudnick’s Global Life Sciences Practice and is a partner in the firm’s Corporate practice. Rob’s transactional, M&A and securities practice focuses on advising life sciences companies, including pharmaceutical, medical device, diagnostic, biotechnology, biopharmaceutical, biomedical, nutraceutical and other healthcare industry firms.

Rob is a seasoned life sciences industry professional. He has extensive experience advising life sciences companies, from emerging growth companies and startups to large multinational public companies, in licensing and development deals, intellectual property and technology transfer agreements, strategic alliances, collaborations and joint ventures, mergers and acquisitions, supply, distribution, marketing and promotion arrangements, debt and equity financings and other business transactions.

Prior to joining Brown Rudnick, Rob was the Co-Chair of the Life Sciences Practice of a global AmLaw 100 firm. Before that, Rob was Senior Vice President, General Counsel and Corporate Secretary of Watson Pharmaceuticals (now Actavis Group), a multibillion-dollar specialty pharmaceutical company. Rob also served as the Vice President, General Counsel of Chiron Vision Corporation (now a part of Bausch & Lomb), an ophthalmic medical device company, and as Corporate Secretary of ISTA Pharmaceuticals, a branded pharmaceutical company (now a part of Bausch & Lomb).

Awards

Representation

Represented pharmaceutical company in connection with its acquisition of a late-stage, privately held women’s health biopharmaceutical company

Represented transnational pharmaceutical company in connection with its $880 million acquisition of a privately-held pharmaceutical company

Represented pharmaceutical company in connection with a cross boarder strategic licensing and development agreement

Represented publicly traded medical device company in connection with a structured investment in, and an option to acquire, a privately-held medical technology company

Represented investigational-stage pharmaceutical company in connection with its Series A financing

Represented lead investor in formation of joint venture for acquisition of brand drug out of bankruptcy

Represented publicly-traded medical device company in connection with its participation as lead investor in a $50 million financing of a venture-backed private company developing a catheter-based treatment for heart failure and the grant to the public company of an option to acquire the private company based on future regulatory milestones

Represented pharmaceutical company in connection with a joint development agreement to apply proprietary technologies to multiple therapeutic compounds

Represented medical device company in connection with a collaboration agreement for the development and commercialization of glucose monitoring systems

Represented generic pharmaceutical company in its settlement of Hatch-Waxman patent litigation, including negotiation of a license agreement allowing for sale of the generic version of the brand drug prior to expiration of the brand company’s patent

Represented pharmaceutical manufacturer in connection with its acquisition of U.S. and European manufacturing facilities and certain product-lines

Represented publicly held biotechnology company in its merger with a privately held life sciences company

Represented medical device company in connection with an exclusive license agreement related to certain cardiovascular technologies

Represented various life sciences companies in connection with exclusive licensing arrangements with major Universities

Represented pharmaceutical company in connection with an exclusive license agreement concerning a novel compound to be developed for certain therapeutic applications

Represented medical device company in connection with the divestiture of certain product lines

Represented pharmaceutical company in connection with a development and license agreement related to a novel hormone replacement product

Represented pharmaceutical company in connection with the formation of a joint venture to commercialize FDA approved drug product

Represented pharmaceutical company in connection with its acquisition of marketing rights and a distribution and supply agreement of a pharmaceutical product

Represented medical device company in connection with a distribution arrangement for an ophthalmic medical device

Represented pharmaceutical company in connection with a co-promotion agreement of a brand pharmaceutical product

Represented medical device company in connection with its investment in development stage company and technology evaluation agreement

Represented pharmaceutical company in connection with various public offerings of its common stock and convertible debt

Represented underwriters in connection with IPO of developer and manufacturer of wound care products

Represented pharmaceutical developer in connection with a private offering of its common stock to venture capital investors

Represented pharmaceutical, medical device and other life sciences companies in connection with acquisitions of various companies and businesses

Represented pharmaceutical, medical device and other life science companies in connection with development, supply, distribution and various other commercial agreements

Education

Stanford Law School – J.D., 1986
University of California, Los Angeles – B.A., 1982

Bar Admissions

California
Publications
Author, "Managing Their Way to a Blockbuster," Corporate Counsel, June 1, 2014
Speaking Engagements
Panel Member, How to Navigate the Existing and Proposed SEC Crowdfunding Framework to Raise Capital and Invest Online, OCTANe Sponsored Event at Paul Mirage School of Business, University of California, Irvine, California (February 2015)
Judge for Life Sciences, University of California at Irvine’s Business Plan Competition, Irvine, Calif. (May 2010, April 2012, May 2013, May 2014 and May 2015)
Moderator, Strategic Alliances, Device Alliance Conference, Irvine, Calif. (Feb. 28, 2012)
Panelist, Cardiovascular, OCTANe Fifth Annual Medical Device and Investor Forum, Newport Beach, Calif. (Oct. 25–26, 2010)
Moderator, Orange Country Medical Device Network Speaker Series, Irvine, Calif. (May 19, 2010)
Moderator, Forging Device Partnerships, 11th Annual SoCalBio Investor and Partnership Conference, Santa Monica, Calif. (Sept. 17, 2009)
Frequently invited to speak on legal issues affecting life sciences companies
Served as the co-chair of ACI’s Pharmaceutical Life Cycle Management Conference (West Coast Edition)
Appeared on a nationally televised ABC News Special regarding the pharmaceutical industry and patent rights
Professional Affiliations
Licensing Executives Society International
Awards and Honors
Selected by his peers for inclusion in The Best Lawyers in America© in the practice area of Biotechnology and Life Sciences Practice (2016-2018)
Named a Life Sciences Star for his outstanding transactional work by LMG Life Sciences (2012 – 2018).