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Law Practice

Feb. 23, 2009

Law Firm Finds a Way To Keep Clients Close

Pillsbury Winthrop and one of its clients, a biotech startup, have found a mutually beneficial arrangement: the startup is getting free rent by filling extra space Pillsbury has in San Diego because of the economic downtown turn. The law firm hopes this will lead to a long-term client.

By Pat Broderick
Daily Journal Staff Writer

SAN DIEGO - Richard S. Kornbluth has found a way to ease the notorious burn rate that plagues so many biotech startups.

Kornbluth, the president and chief scientific officer of San Diego-based Multimeric Biotherapeutics Inc., along with colleagues Marc Hertz, chief executive officer, and David A. Roth, chief operating officer, are enjoying free office space and support services, along with ready access t...

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