Foley Serves as IP Counsel to NantKwest in Record-Breaking Biotech IPO
August 11, 2015
Foley helped NantKwest, Inc. (formerly known as Conkwest, Inc.) make history last week with an initial public offering (IPO) valuing the company at $2.6 billion, the highest ever IPO for a biotech company with no approved drugs.
Foley served as intellectual property counsel on the transaction and played a critical role in helping NantKwest develop a strong IP strategy and portfolio. Foley prepared more than 30 patent applications in advance of the client’s successful acquisition and IPO. The Foley team was led by Paul Stewart, Marc Morley, Simon Elliott, Jerry Swiss and Kristel Schorr.
People
Related News
January 16, 2026
Press Releases
Foley’s MLK Jr. Oratory Competitions Spotlight Inspiring Students Delivering Powerful Messages of Hope
Fourth- and fifth-grade students from Dallas, Houston, and Chicago reimagined Dr. Martin Luther King Jr.’s call for hope today at Foley & Lardner LLP’s annual MLK Jr. Oratory Competitions. Twenty-five students shared original speeches responding to the question: “As a student of Dr. King’s life, what message of hope do you think he would have for the world today?”
January 16, 2026
Press Releases
Aaron Maguregui Chairs ATA AI Work Group in Creating Updated AI Policy Principles
Foley & Lardner LLP partner Aaron Maguregui chaired the American Telemedicine Association’s (ATA) AI Work Group in developing new Policy Principles on Artificial Intelligence (AI).
January 15, 2026
Press Releases
Michael Okaty Appointed to Board of Governors of the State University System of Florida
Florida Governor Ron DeSantis appointed Foley & Lardner LLP partner Michael Okaty to the Board of Governors of the State University System of Florida. The board oversees the operation and management of the Florida public university system’s 12 institutions. Okaty and five other announced appointments are subject to confirmation by the Florida Senate for a term of seven years.