M&A

Recent experience includes:

Individual sellers of Pathognomics Limited

Acted for the individual sellers on the sale of Pathognomics Limited, a provider of digital pathology and clinical diagnostic laboratory services to Cyted Limited. Cyted and Pathognomics had previously worked together to set up and launch diagnostic services to aid earlier detection of oesophageal cancer. Through its acquisition of Pathognomics, Cyted will have an accredited laboratory environment and digital pathology technology to enable it to expand its pipeline of novel biomarkers and AI technology.

Piramal Enterprises

Advised this Mumbai-listed company on a wide variety of matters, including the sale of its Domestic Formulations division to Abbot Healthcare for $3.8 billion and its acquisition and subsequent disposal of Bayer’s molecular imaging product portfolio. Also advised Piramal Enterprises Limited on the sale of Piramal Imaging SA to UK based medical imaging services provider Alliance Medical Group, part of the Life Healthcare Group.

Lansen Pharmaceutical Holdings Limited

Advised Lansen on its acquisition from Novartis AG of the rights to sell Sicorten Plus, a dermatological product, in China.

BTG plc 

Advised BTG on various transactions including $110 million acquisition of Galil Medical, a provider of cryoablatian products for the treatment of kidney and other cancers; the $220 million acquisition of EKOS Corporation, an international vascular business, headquartered in Seattle, US; its acquisition of PneumRx, an interventional pulmonology business and its related £150 million cashbox placing and the £177m takeover of Biocompatibles plc by way of scheme of arrangement. 

TyraTech

Advised AIM listed life sciences company TyraTech on its tender offer to shareholders following the sale of its Vamousse product to Alliance Pharma plc.

NetScientific

Advised NetScientific on its acquisition of EMV Capital, Rule 9 waiver and simultaneous placing.

Cell Medica

Advised on the acquisition of Catapult Therapy TCR Limited.

Management Sellers of Health iQ

Advised the Sellers of Health iQ, a leading provider in real world data and digital solutions for healthcare and life sciences, on its sale by way of auction process to Corrona LLC, a US leader in real world evidence.

Schroder UK Public Private Trust plc (SUPP)

Advising Schroder UK Public Private Trust plc (SUPP) on an agreement for the £49 million sale of seven portfolio assets to Rosetta Capital VI, LP, an investment fund managed by the UK-based life science venture capital firm Rosetta Capital Limited.