Lily Wound is a corporate lawyer with over 20 years of experience in licensing and other intellectual property transactions who focuses on the life sciences and climate change sectors.
Lily advises companies in a wide range of complex commercial, licensing, and other intellectual property-related transactions. Her work in life sciences touches every stage of the lifecycle of a life sciences product, ranging from early-stage development to commercialization, in an array of transactions. She has extensive experience advising companies on the frontier of science, including in fields such as artificial intelligence (AI), gene therapy, gene editing, and engineered cell therapies.
Prior to joining Ballard Spahr, Lily worked at a multinational law firm, and also served as in-house counsel at the Hearst Corporation media company, including serving as the general counsel of Zynx Health, Inc., an evidence-based, clinical decision support solution, as well as serving as the lead business lawyer for the Hearst Newspapers Division.
Representative Experience
Representative Matters
- Represented an AI-driven life sciences company in its proposed research collaboration with an agricultural biotechnology company
- Represented an AI-driven life sciences company in its collaboration and license agreement with a major international pharmaceutical company
- Represented a developer of DNA-based memory chips in its collaboration agreement with a developer of innovative sequencing and array technologies
Professional Highlights
Pro Bono Experience
Counsel to Asian Women for Health
Counsel to DDX3X Foundation
Counsel to 2Unstoppable, Inc.
Recognition & Accomplishments
Crain's New York Business, Notable Women in the Law, 2023
Speaking Engagements
Speaker, “Key Legal Considerations for Start-Ups,” Innovation Norway, November 2024
Speaker, “Key Legal Considerations for Start-Ups,” Climate Tech Cities, June 2024
Speaker, “Key Legal Considerations for Start-Ups,” Harvard Alumni Entrepreneurs, April 2024
Board Memberships & Community Service
Volunteer, En Ka Society, Winchester, MA, 2025-present
Harvard Alumni Entrepreneurs, Women's Council, Co-Chair, 2024-present
Secretary, Friends of the Winchester Public Library, Winchester, MA, 2024-present
Credentials
Education
George Washington University Law School (J.D. 1999)
Boston University (M.P.H. 1996)
Harvard University (B.A. 1995)
Languages
Mandarin Chinese
Admissions
New York