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Timothy Squire Toronto Lawyer

Timothy M. Squire *

Partner | CO-LEADER, LIFE SCIENCES Fasken
Increasing government regulation continues to put more pressure on the life sciences sector in Canada.
Jurisdiction Ontario, 1997
Language(s) English
Office(s) Toronto
Contact
*practising through a professional corporation
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Overview

Timothy Squire is one of Canada's leading life sciences industry practitioners. With his extensive regulatory and commercialization experience, Tim has become a trusted advisor to stakeholders in the drug, medical device, natural health product, cosmetic and food industries in Canada and from around the world.

Tim’s practice is devoted to the Life Sciences industry, and he is the former Chair of the firm's International Life Sciences Industry Group. He adds substantial bench strength given his extensive knowledge and experience across the entire health product lifecycle. Tim has become a trusted advisor to many stakeholders in the drug, medical device, natural health product, cosmetic and food industries in Canada and around the world due to his in-depth knowledge and commitment to client service.

Tim's regulatory practice covers all aspects of health product regulation and market access, and he is one of the few practitioners in Canada regularly called upon to help solve complex health product compliance and enforcement issues. To this end, Tim frequently communicates with Health Canada and other federal and provincial regulators on our clients’ behalf.

In addition to his regulatory acumen, Tim also negotiates and drafts sophisticated commercial arrangements for Life Sciences clients, including license agreements, distribution agreements, manufacturing and supply agreements, quality and pharmacovigilance agreements, technology and material transfer agreements, joint R&D agreements, and funding agreements.

Tim also quarterbacks regulatory due diligence in complex domestic and cross-border transactions involving drug, medical device, natural health product, cosmetic, and food companies, and is often called upon to manage post-closing integration, including the transition of market authorizations and regulatory operations.

Tim performs in-house legal functions for several U.S. and international clients without Canadian in-house legal or regulatory capabilities, and in this capacity has developed a comprehensive understanding of the business issues and pressures facing companies in the life sciences industry.

Tim’s authority in the life sciences sector has been recognized by Chambers Canada, Who’s Who Legal, Lexpert, IAM Strategy 300: The World’s Leading IP Strategists, and he has received LMG’s Life Sciences Canadian Regulatory Attorney of the Year award three times, most recently in 2020.

Achievements

Client Work

  • Research Capital Corporation leads bought deal public offering of Medexus Pharmaceuticals Inc., [Deal - Research Capital Corporation], Bought deal public offering of units for specialty pharmaceutical company.
  • Essa Pharma signs agreement to purchase Realm Therapeutics, [Deal - Realm Therapeutics plc]
  • Acasti Pharma completes C$27.6 million common share offering, [Deal - Mackie Research Capital Corporation]
  • Profound Medical completes US$17.4 million bought deal prospectus offering, [Deal - GMP Securities L.P.]
  • Canadian nutritional product manufacturer implement protocols under the precursor regulations for the distribution of ephedrine, [Deal - Confidential Client]
  • Global drug manufacturer launches formal reconsideration of Health Canada refusal to approve drug, [Deal - Confidential Client]
  • Global smartphone manufacturer launches new mobile medical technology, [Deal - Confidential Client]
  • Global consumer product manufacturer launches new Class III medical device, [Deal - Confidential Client]
  • Global cosmetic manufacturer initiates development of biologic cosmeceutical, [Deal - Confidential Client]

Career & Education

Education

  • LLB University of Windsor
  • BA University of Windsor

Knowledge

Events

News

Publications

  • When is Software a Medical Device?, 5/17/2019
  • Canadian Expert Tim Squire: Bill pushing drug imports from Canada is a roundabout solution, 4/7/2017
  • U.S. Bill to Import Canadian Drugs Gets Chilly Reception North of the Border, 3/23/2017
Article, Co-Author When is Software a Medical Device? Electronic Healthcare Law Review, LexisNexis, Volume 8, No. 4, May 2019, pages 44-45
Article Canadian Expert Tim Squire: Bill pushing drug imports from Canada is a roundabout solution Stat News
Article U.S. Bill to Import Canadian Drugs Gets Chilly Reception North of the Border International Trade Reporter

Speaking Engagements

  • Understand Current Interpretations and Reporting Requirements of the New Ontario Health Sector Payment Transparency Act, 2017, 6/6/2018
  • Overview of Ontario's Health Sector Payment Transparency Act, 2017 & Draft Regulations, 3/21/2018
  • The Regulation of Mobile Medical Apps as Medical Devices, 4/26/2016
Presenter Understand Current Interpretations and Reporting Requirements of the New Ontario Health Sector Payment Transparency Act, 2017 Pharmaceutical Compliance Congress Conference location location Toronto, ON, Canada Pharmaceutical Compliance Congress Conference
The Regulation of Mobile Medical Apps as Medical Devices 2016 MEDEC MedTech Conference location location Toronto

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