Articles by Louis Chiafullo, Esq - BioPharm International

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Articles by Louis Chiafullo, Esq

Final Word: Insurance for Biotech Companies

The right insurance program can help protect a company's investments.
Apr 1, 2005

Biotechnology and life sciences companies come in all shapes and sizes. Some are multinational companies with vast resources and others are small companies working with a few new compounds. Regardless of size or market position, these companies should all have one common question of those that handle their insurance: Will their current insurance program protect their assets and investments in the event of a significant loss? Understanding the nature of risks, acquiring suitable insurance, and comprehending policy issues when claims arise are essential to protecting assets and obtaining reimbursement when losses occur.

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