
Penningtons Manches Cooper Digest, May 2022
Listen to B4’s interview with Chris Shelley, Partner at Penningtons Manches Cooper, and catch up with the latest news from PMC.

Introducing Chris Shelley, Head of Life Sciences at Penningtons Manches Cooper
Chris Shelley is an IP, commercial and competition partner and Head of Life Sciences at Penningtons Manches Cooper LLP (PMC).

Gender bias in the workplace
8th March marks International Women’s Day. This year’s campaign theme is #BreakTheBias, and its focus is on ‘creating a world free of bias, stereotypes and discrimination, and creating gender equality in workplaces, communities, schools and more’.

£2.6 million pre-seed funding for next generation virus diagnostic company OxDX
The corporate team at Penningtons Manches Cooper has advised OxDX on the completion of its spin-out from Oxford University and its £2.6 million pre-seed funding. The funding will be used to develop its AI-powered diagnostic technology, which will be used to improve the speed, cost and accuracy of diagnostics worldwide.

Bramble Energy’s £35 million Series B financing round
The corporate team at Penningtons Manches Cooper has advised Bramble Energy on the completion of their £35 million Series B financing round.

First Light Fusion’s $45 million Series C financing round
The corporate team at Penningtons Manches Cooper has advised First Light Fusion on the completion of their $45 million Series C financing round.

Penningtons Manches Cooper advises medtech business Orthox on $12.5 million Series...
The corporate team at Penningtons Manches Cooper has advised Oxford University spin-out Orthox Limited on the completion of a further $4.3 million (£3.2 million) to close its $12.5 million (£9.2 million) Series A financing round.

Corporate team advises on sale of AI spinout to Meltwater
The corporate team at Penningtons Manches Cooper has advised the selling shareholders of Oxford spin-out DeepReason.ai on its acquisition by leading media intelligence SaaS provider Meltwater BV for $7.3 million in a combination of cash and Meltwater equity including earn-outs. The DeepReason.ai team will join Meltwater.

More than just a storm in a Yorkshire teacup – Why...
Yorkshire County Cricket Club (Yorkshire) has been in the headlines recently following serious allegations of institutional racism. These allegations come in the wake of the findings that former Yorkshire player, Azeem Rafiq, was subjected to racial harassment and bullying during his time at the club which allegedly led him to consider taking his own life.

PENNINGTONS MANCHES COOPERS CORPORATE TEAM ADVISES ON MAJOR CROSS-BORDER LIFE SCIENCES...
The Penningtons Manches Cooper corporate team has advised the shareholders of ATDBio on its sale to NASDAQ Stockholm listed Biotage AB. The purchase price was approximately £45m on a debt free and cash free basis. ATDBio was founded in 2005 by Professor Tom Brown (Snr), one of the world’s leading nucleic acids chemists, Dr Dorcas […]

Women, Leadership & Money | Hubs Live
In this session of Hubs Live, members had the opportunity to hear from Alison Haill, Heather Carter, Caroline Van Zyl and Helen Wright about their experiences as women in leadership positions.

Landlords take note – Oxford renews its scheme for houses with...
In the last few years, the UK’s growing population, coupled with a housing shortage, has led to more and more renters sharing a property in urban areas. The management of such properties, however, has not always been regulated.

“Do I Not Like That”
The late, great Graham Taylor must have been muttering this phrase from above recently as the 12 European ‘Football Giants’ – hereafter forever known as the ‘Giant Greedy Bastards’ – gave birth to the most ill-conceived and short-lived ‘grand plan’ there has ever been – the European Super League (ESL).
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