Learn

1. The types of financial statements and their components relevant for deal accounting.
2. To understand the accounting terminology and implications of licensing contracts.
3. How the classification of the IP transferred in a deal impacts on deal accounting.
4. How to mitigate the risk of having income fluctuations in financial statements as a result of uncertainty around R&D deals.
5. How to determine the accounting implications of in-licensing deals before deal signing.
6. How to determine the accounting implications of out-licensing deals before deal signing.
7. The accounting implications of equity transfers before deal signing.

Why You Should Attend

The Content: Most BusDev & Licensing executives in pharma, biotech or medtech companies have little understanding of accounting implications of the deals they are working on. As a result, when the deals are signed, the accounting treatment is often contrary to what was expected by the executives. By attending this course, you will be well equipped to pre-determine the accounting treatment to ensure there are no surprises post-deal signing.

The Expert: As Roche’s former Head of Accounting, managing the accounting for all R&D alliances within the Roche Group globally, Michelle experienced firsthand the implications of a lack of understanding of accounting principles across functions involved in deal making. Her passion for inspiring others towards excellence led her to head the Roche Diploma in Accounting (RDA) trainings (Basic and Advanced), to develop training materials and to actively facilitate workshops worldwide. Her roles have enhanced her ability to have in-depth discussions with various stakeholders and high-profile professionals, from different countries, having very different backgrounds, across very different accounting and non-accounting topics.

The Accounting Implications of Pharma Licensing Deals for BD&L Managers course is the only available public training course delivered by Michelle I Olufeso on this topic.

Who Should Attend?

• Business Development Executives who scout and negotiate deals.
• Legal Executives who draft term sheets and the actual contracts.
• Finance Executives who need to understand deal structures, legal terminology and the accounting implications.
• Pharma, Biotech and Medtech Partnering Executives who source deals to complement existing portfolio.
• R&D or Disease Biology Area (DBA) Executives who want to better inform their finance colleagues about the nature of the science behind the IP transferred in deals.
• Executives in Marketing and Distribution who want to better inform their finance colleagues about the marketing elements to be transferred in deals.

As this course is delivered by Michelle I Olufeso from MIO Consult GmbH, a leading pharma consultancy company, executives from other professional service agencies should request approval prior to registering for this course. Please contact Annelies Swaan, Director Business Operations, for more information (aswaan@celforpharma.com, tel +32 (0)2 709 01 42).

Past Participants

Below is a non-exhaustive list of past participants who have benefited from attending this course.

Testimonials

Read All Testimonials From This Course

Dates & Locations

Currently this CELforPharma course is planned to only be held live online (hosted in Zoom).​​​​
 

• 18 November 2021, live online

• 18 May 2022, live online

• 30 November 2022, live online

Included in the Registration Fee​

• Access to a small-class (max 20 participants), expert led course in real-time, using an interactive platform for break-out rooms, whiteboard exercises, polling, plenary discussions and chats.
• Course material, which will be provided to you in both digital format (by email) and in hard copy (by post, so you can make notes during the course).
• Certificate of attendance signed by the expert and CELforPharma.

Group Discounts

Team discounts can be offered to 3 or more delegates from the same company.
Contact Annelies Swaan, Director Business Operations, (aswaan@celforpharma.com) for more details.

How to Register

1. Click the "Register Here" button on this page.
2. Choose a course date, then fill out your personal details and company / invoicing details.
3. Choose to pay via bank transfer or by credit card.
4. Click "Confirm Registration". You will be sent an automatic email confirming your registration followed by a personal email containing an invoice and further payment instructions.

For assistance in registering, raising a PO or invoicing, please do not hesitate to contact Kealeigh Steel.
(email: kealeigh.steel@celforpharma.com or call: +32 2 709 01 45)

Transfer & Cancellation Policy

Flexible Transfer

• If a registrant cannot attend the scheduled course, he/she can avoid any cancellation charge by sending a suitable replacement participant.
• Alternatively, the registrant can transfer once at no extra cost, until 3 weeks prior to the event, to another course held within one year of the original course date.

Participant Cancellation

• Up to 6 weeks prior to the course: cancellation fee of € 400 per participant.
• Up to 5 weeks prior to the course: 25% of the invoiced registration fee.
• Up to 4 weeks prior to the course: 50% of the invoiced registration fee.
• Up to 3 weeks prior to the course: 75% of the invoiced registration fee.
• Fewer than 3 weeks or if no notification received: registrant liable to pay invoiced registration fee.
• If a registrant postpones his/her participation to a future course, and cancels again, no refund can be claimed for registration fees.