• At Kemp Little, we are known for our ability to serve the very particular needs of a large but diverse technology client base. Our hands-on industry know-how makes us a good fit with many of the world's biggest technology and digital media businesses, yet means we are equally relevant to companies with a technology bias, in sectors such as professional services, financial services, retail, travel and healthcare.
  • Kemp Little specialises in the technology and digital media sectors and provides a range of legal services that are crucial to fast-moving, innovative businesses.Our blend of sector awareness, technical excellence and responsiveness, means we are regularly ranked as a leading firm by directories such as Legal 500, Chambers and PLC Which Lawyer. Our practice areas cover a wide range of legal issues and advice.
  • Our Commercial Technology team has established itself as one of the strongest in the UK. We are ranked in Legal 500, Chambers & Partners and PLC Which Lawyer, with four of our partners recommended.
  • Our team provides practical and commercial advice founded on years of experience and technical know-how to technology and digital media companies that need to be alert to the rules and regulations of competition law.
  • Our Corporate Practice has a reputation for delivering sound legal advice, backed up with extensive industry experience and credentials, to get the best results from technology and digital media transactions.
  • In the fast-changing world of employment law our clients need practical, commercial and cost-effective advice. They get this from our team of employment law professionals.
  • Our team of leading IP advisors deliver cost-effective, strategic and commercial advice to ensure that your IP assets are protected and leveraged to add real value to your business.
  • Our litigation practice advises on all aspects of dispute resolution, with a particular focus on ownership, exploitation and infringement of intellectual property rights and commercial disputes in the technology sector.
  • We have an industry-leading reputation for our outsourcing expertise. Our professionals deliver credible legal advice to providers and acquirers of IT and business process outsourcing (BPO) services.
  • We work alongside companies, many with disruptive technologies, that seek funding, as well as with the venture capital firms, institutional investors and corporate ventures that want to invest in exciting business opportunities.
  • Our regulatory specialists work alongside Kemp Little’s corporate and commercial professionals to help meet their compliance obligations.
  • With a service that is commercial and responsive to our clients’ needs, you will find our tax advice easy to understand, cost-effective and geared towards maximising your tax benefits.
  • At Kemp Little, we advise clients in diverse sectors where technology is fundamental to the ongoing success of their businesses.They include companies that provide technology as a service and businesses where the use of technology is key to their business model, enabling them to bring their product or service to market.
  • We bring our commercial understanding of digital business models, our legal expertise and our reputation for delivering high quality, cost-effective services to this dynamic sector.
  • Acting for market leaders and market changers within the media industry, we combine in-depth knowledge of the structural technology that underpins content delivery and the impact of digitisation on the rights of producers and consumers.
  • We understand the risks facing this sector and work with our clients to conquer those challenges. Testimony to our success is the continued growth in our team of professionals and the clients we serve.
  • We advise at the forefront of the technological intersection between life sciences and healthcare. We advise leading technology and data analytics providers, healthcare institutions as well as manufacturers of medical devices, pharmaceuticals and biotechnological products.
  • For clients operating in the online sector, our teams are structured to meet their commercial, financing, M&A, competition and regulatory, employment and intellectual property legal needs.
  • Our focus on technology makes us especially well positioned to give advice on the legal aspects of digital marketing. We advise on high-profile, multi-channel, cross-border cases and on highly complex campaigns.
  • The mobile and telecoms sector is fast changing and hugely dependent on technology advances. We help mobile and wireless and fixed telecoms clients to tackle the legal challenges that this evolving sector presents.
  • Whether ERP, Linux or Windows; software or infrastructure as a service in the cloud, in a virtualised environment, or as a mobile or service-oriented architecture, we have the experience to resolve legal issues across the spectrum of commercial computer platforms.
  • Our clients trust us to apply our solutions and know-how to help them make the best use of technology in structuring deals, mitigating key risks to their businesses and in achieving their commercial objectives.
  • We have extensive experience of advising customers and suppliers in the retail sector on technology development, licensing and supply projects, and in advising on all aspects of procurement and online operations.
  • Our legal professionals work alongside social media providers and users in relation to the commercial, privacy, data, advertising, intellectual property, employment and corporate issues that arise in this dynamic sector.
  • Our years of working alongside diverse software clients have given us an in-depth understanding of the dynamics of the software marketplace, market practice and alternative negotiating strategies.
  • Working with direct providers of travel services, including aggregators, facilitators and suppliers of transport and technology, our team has developed a unique specialist knowledge of the sector
  • Your life as an entrepreneur is full of daily challenges as you seek to grow your business. One of the key strengths of our firm is that we understand these challenges.
  • Kemp Little is trusted by some of the world’s leading luxury brands and some of the most innovative e-commerce retailers changing the face of the industry.
  • HR Bytes is an exclusive, comprehensive, online service that will provide you with a wide range of practical, insightful and current employment law information. HR Bytes members get priority booking for events, key insight and a range of employment materials for free.
  • FlightDeck is our portal designed especially with start-up and emerging technology businesses in mind to help you get your business up and running in the right way. We provide a free pack of all the things no-one tells you and things they don’t give away to get you started.

Sector focus: HealthTech deal activity in 2017 so far

Despite political and economic uncertainty in both the US and Europe, deal activity in the HealthTech sector remained relatively strong in the first quarter of 2017. According to HealthTech Heartbeat, a quarterly market update prepared by Results International, 51 M&A transactions were recorded in the quarter with a combined disclosed deal value of approximately $11.5 billion. This shows a slight dip when compared with the same period last year, which recorded 67 deals with a combined value of approximately $15 billion.  

Private fundraising activity in Q1 was also healthy. Beauhurst, an investment data platform containing information on UK fast-growth companies, shows 48 fundraisings in the medical technology space with a combined value of £159 million (compared with 26 fundraisings with a combined value of £75.4 million in the same period last year). Activity in Q2 remained buoyant: during this period Beauhurst shows £112.9 million raised by UK fast growth companies across 47 deals.

Key high-profile deals of the year so far include:

  • McKesson’s acquisition of CoverMyMeds for $1.1 billion (Jan 17) – McKesson, a US listed healthcare company, acquired CoverMyMeds, a provider of electronic prior authorisation solutions for prescription medications. The acquisition will increase McKesson’s technology offerings to doctors, pharmaceutical manufacturers and insurers. 
     
  • EQT Ventures and Octopus Ventures lead $10.5 million venture investment into MyTomorrows (Jan 17) – EQT Ventures and Octopus Ventures, alongside existing backers Balderton Capital and Sofinnova Partners, invested in the Netherlands based start-up which provides patients and doctors with information on, and access to, drugs which are in development or which have been approved by regulators in other countries.
     
  • Philips acquisition of a minority stake in Onelife Health in a low 7-digit Series A funding round (Feb 17) – Philips, a Dutch technology company listed in Amsterdam and New York, acquired a minority interest in German start-up Onelife Health. The partnership will initially focus on Onelife’s Femisphere App, which helps expectant mothers track key biological markers, behaviours and other variables throughout their pregnancy and identify potential risks or complications. The app automatically detects changes in data to provide feedback and advice. It also supports communication and information sharing between patients and medical professionals.
     
  • Cambridge Innovation Capital leads $10 million Series B investment into Congenica (Feb 17) – Existing investors Cambridge Innovation Capital and Amadeus Capital Partners invested alongside Parkwalk Advisors. Congenica is a leading provider of clinical genome analysis technology based in Cambridge, UK, which has developed the Sapientia technology platform. Sapientia enables clinicians and researchers to analyse genome-scale DNA data to facilitate clinical decision making and research.
     
  • Invest Northern Ireland, Innovate UK, Angel CoFund and Techstart NI invest $1.3 million in BrainWaveBank seed round (Mar 17) – BrainWaveBank, based in Northern Ireland, allows individuals to measure and track their cognitive health at home using a wireless headset. The platform uses machine learning and brain-reading technologies to build a record of cognitive health over time, providing insights and advice on how individual lifestyle factors affect performance.
     
  • Roche’s acquisition of Austrian diabetes platform MySugr for up to $100 million (Jul 17) – Roche, a Swiss listed healthcare company and existing investor, acquired mySugr, a digital diabetes management platform for up to $100 million. While the exact sales price was undisclosed, TechCrunch comment that this could well have been amongst the biggest HealthTech exits in Europe to date. MySugr helps diabetics track blood sugar, mediations and activity levels.

 

In addition, the main technology giants are becoming increasingly invested in HealthTech. Google’s subsidiary Verily (formerly Google Life Sciences), an entity focussed on life sciences and HealthTech, accepted an $800 million investment from Singaporean investment firm Temasek at the beginning of the year. Apple is reportedly working on turning the iPhone into a central bank for all medical information, increasing the potential for apps to be developed to use the data. Amazon’s Echo, a voice-activated computer that answers to the name Alexa, is continuing to accumulate healthcare skills (including being able to recite instructions on how to resuscitate someone having a heart attack). As the shift to digital continues, it feels as if the disruption of the health care sector by technology is only just beginning. It’s clear that HealthTech is an exciting sector to watch as the year continues.

Contact our experts for further advice

Adam Kuan