Shoosmiths has advised the shareholders of Orion Clinical Services on its merger with Simbec Research.
The law firm’s corporate partner Adam Dowdney led a team of corporate specialists on the multi-million-pound deal comprising banking partner Linda Williams, corporate assistant Robert Pook and paralegals Rebecca Gray and James Arnold.
Additional specialist legal advice was also given from a range of other departments throughout the firm.
The merger creates a full-service international contract research organisation with capabilities in both early- and late-stage clinical development with deep expertise in oncology and rare and orphan diseases.
The new group will be known post completion as Simbec-Orion Group and will employ around 250 staff across the UK, Europe, Australia and the US.
The merger was completed through the provision of £12.5m funds raised from the Welsh Arthurian Life Sciences Fund and HSBC Bank.