Pharmaceuticals and healthcare

News

Taylor Wessing rebuilds life sciences group with Fieldfisher hire

A month after the firm lost four life sciences and technology partners to Goodwin Procter, Taylor Wessing has started to reassemble its group with a new hire from Fieldfisher. Fieldfisher’s former life sciences and healthcare head Alison Dennis is to join Taylor Wessing after over a decade at Fieldfisher. As the head of the group, […]

pills drugs pharmaceutical pharmaceuticals pharma medicine

Sidley Austin client fails to throw out pharmaceuticals case

Peters & Peters will continue with its preparation for the Servier dispute after the Court of Appeal dismissed the pharmaceutical company’s appeal against a judge’s decision that was handed down last year. The case, which is featured in The Lawyer’s Top 20 cases 2019, is due to be heard in October, but this was Servier’s […]

drugs pharma laboratory

Kirkland and Wachtell join Irish duo on pharma mega-deal

Kirkland & Ellis and Wachtell Lipton Rosen & Katz were the two lead US advisers on the $63bn transatlantic deal between pharmaceutical giants AbbVie and Allergan. AbbVie, an American biopharmaceutical company, has acquired Allergan, a Dublin-based botox-maker, in a cash and stock deal. The combined company is expected to increase leadership across healthcare fields such […]

NHS drops 11 firms from streamlined commercial panel

NHS Commercial Solutions has rolled out a new legal panel, with firms including Addleshaw Goddard, Clyde & Co and DAC Beachcroft winning places. The three firms have been reappointed to the procurement organisation’s framework, as well as Mills & Reeve and Trowers & Hamlins. A total of 19 firms have made it on to the new roster; new additions are Browne Jacobson, Sintons, […]

Analysis

Penningtons Manches Cooper records modest growth in pre-merger year

Penningtons Manches Cooper’s revenue has risen to nearly £80m while profits have taken a hit, in the firm’s second year as a member of the UK top 50. Over 2018/19, the firm saw slower growth compared to its previous two financial years, when both revenue and profit saw double-digit growth. Revenue rose 4.5 per cent, […]

Magic circle and US firms lead on Hasbro £4bn entertainment deal

Freshfields Bruckhaus Deringer and Mayer Brown have advised on US toy maker Hasbro’s £3.3bn ($4bn) acquisition of UK-listed Entertainment One. Canadian media and entertainment company Entertainment One, or eOne, is the owner of film and television titles such as children’s cartoons Peppa Pig and Ben and Holly’s Little Kingdom, through its family division. Through its […]

Asia business Alibaba poster hanging on the New York Stock Exchange building

Firms set to lose out as Alibaba postpones its HK capital-raising

The delay in China’s biggest e-commerce company public listing in Hong Kong could see the longstanding advisers for Alibaba lose out on fees for a £16m capital-raising. The Alibaba Group announced early in the week that it would delay its IPO process in Hong Kong due to the protests that have swept the Asian corporate […]

Covington begins search for new London HQ as lease end nears

Covington & Burling is on the hunt for new office space in London as its lease edges closer to an end, The Lawyer understands. According to sources in the market, the US firm has kicked off the search ahead of its lease end in 2021. While no shortlist of potential locations is currently available, the […]

money finance

A&O, Linklaters and Weil in line for £12m payout on Cobham’s sale to US PE group

Allen & Overy, Linklaters and Weil Gotshal & Manges are set to scoop nearly £12m for their work on the £4bn takeover of Cobham, one of Britain’s biggest defence and aerospace companies, if the controversial deal goes ahead. US private equity company Advent International offered to buy Cobham, known for its air-to-air refueling technology, at the end […]

Featured Briefings

Registration of medicines in the Eurasian Economic Union

At the Pharmaceutical Forum of the EAEU and CIS countries held in Moscow in late February 2018, the Director of the Department of Technical Regulation and Accreditation of the Eurasian Economic Commission (EEС) said that the full-scale work on registration of medicines using the unified information system of the Eurasian Economic Union (EAEU) will start […]

Revolutionising Africa’s healthcare system

By Robert Breedon, Tom Gray, Elwin Morgan Africa’s healthcare is in the midst of an innovation revolution that, as PwC say, “…is transforming Africa’s economic potential, creating new target markets and unprecedented consumer choice”. This innovation revolution is powered in part by traditional methods of funding human capital development in areas such as development and […]

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