Welcome to our Life Sciences and the Law newsletter

This time of year is always especially busy and from legal perspective there are regulatory and compliance changes ahead that business owners need to be aware of.

Free sustainability masterclass series. With that in mind, we’re excited to be launching a series of masterclasses in the new year as part of a Sustainability Support Programme delivered jointly with Yorkshire & Humber AHSN. The programme is for health and life sciences businesses including those who supply to the NHS. The programme will offer insights and also networking opportunities, including with NHS partners, and will be free to attend – no catches. Do join us for our launch event on Wednesday 14 December to find out more. Details below.

In this month’s issue, we outline the five steps you need to take to prepare your company for investment, congratulate the 11 SMEs we’ll be working with as part of PropelYH’s 2022/23 support programme for digital health companies and point you towards news from the MHRA relating to adverse incidents reporting.

We also look at how political disruption has impacted the progress of data protection and digital information legislation in an article by legal director Richard Parker for Life Sciences Industry magazine.

In client news, we share details of a number of recent sector transactions on which we have advised, including an investment into a pathology services provider, a major IT project we recently completed for an NHS hospital’s new Electronic Patient Record System and the set-up of a new Community Diagnostic Centre in Oldham, Lancs. Both deals highlight the evolving approach of the NHS in partnering with healthtech and medtech businesses to deliver on current government policy initiatives.

Finally, our Meet the Team spot introduces you to corporate partner Michael Corcoran, who talks about his work with a range of life sciences clients, career highlights and what it takes to get him on the dancefloor.

Enjoy the read and if you have any comments or requests, please get in touch – your feedback on the newsletter is also always welcome.

News and views – what you need to know

Alternative Proteins: regulatory approvals imminent – five steps to attract investment or prepare for sale

Investment in companies creating sustainable alternatives to conventional animal-based foods is estimated to have hit over $3 billion in 2020, with year-on-year growth of 300%. An imminent wave of regulatory approvals has also given alternative protein businesses greater confidence that they can access the necessary growth capital and benefit from the opportunity. Here, we detail five key steps you need to take to prepare. Read more

Data: Which direction? – the current reforms and how we got here!

In an article published on 3 November in Life Sciences Industry, Richard Parker of our Health and Life Sciences team, delves into some of the detail behind the UK government’s new Data Protection and Digital Information Bill and whether the reality is likely to match up to the rhetoric that ‘everyone can take back control of their personal data’ and an end to ‘pointless paperwork’. Read more

Client news

Hill Dickinson advises ITS Technology Group on major ‘Build and Buy’ acquisition

Our Corporate team has advised wholesale full fibre provider ITS Technology Group on the acquisition of a ‘dark fibre’ firm as part of its multimillion-pound ‘build and buy’ strategy. Read more

Investment into pathology services provider

We recently advised SME investment business Seneca Growth Capital VCT on a £500,000 investment in pathology services provider Alderley Lighthouse Labs. The investment will help facilitate the roll out of a commercial model by the team responsible for the UK's largest diagnostic lab network project set up during the Covid-19 pandemic. Read more

Hydrogen Future Industries acquires international patents

Read how we advised green energy company Hydrogen Future Industries plc on the acquisition of a suite of international patents that will significantly enhance the company’s IP around systems it is developing. More here

Palatine PE invests in Redmoor Health

We were pleased to act as legal adviser to Palatine Private Equity on a 'significant' investment in digital healthcare services partner Redmoor Health. Read more

Hill Dickinson advises RJAH Orthopaedic Hospital Trust on 10-year EPR deal 

Jamie Foster and Christiana Demetriou of our Life Sciences team recently advised The Robert Jones and Agnes Hunt Orthopaedic Hospital NHS Foundation Trust (RJAH) on a new Electronic Patient Records system that will enable the delivery of electronic notes to wards, electronic prescribing, ordering and receipt of tests and improvement of patient care. More here

"The Hill Dickinson team added real value to the process. We found it extremely beneficial to have them alongside us throughout the negotiations, ensuring that schedules were clearly understood and that they maintained the purpose for which they were intended." Simon Adams, RJAH Digital Director

Northern Care Alliance: Community Diagnostics Centres

Jamie Foster of our Healthcare and Life Sciences team recently advised the Northern Care Alliance NHS Foundation Trust on the construction of a new Community Diagnostic Centre (CDC) in Oldham, Lancs. The CDC is one of 40 across the UK set up to help achieve the NHS objective of providing more testing in the community, which in turn will help to tackle the elective care backlog and drive down waiting lists. More here