The corporate team at Penningtons Manches has advised Sarah Redston, the founder of Health Press Ltd, on the sale of the company to leading biomedical publisher, Karger Publishers. The acquisition strengthens Swiss-based Karger’s clinical decision support business and complements the publisher’s German-based activities in translating knowledge from scientific research to clinical practice.
Health Press is an award-winning, multi-platform information service for the medical community, providing premium content to improve medical practice. Founded by Sarah Redston in 1993, Health Press has since established three brands: the medical handbook series Fast Facts, illustrated guides to medical conditions and concerns Patient Pictures, and the consumer web product www.embarassingproblems.com.
The legal team was led by corporate partner David Tighe and supported by associate Dominique Sabatini. David said: “We were delighted to have the opportunity to work with Sarah and the Karger team to achieve what I am convinced will be an excellent outcome for all parties. The two companies are a great strategic fit and I wish them all the best for the future.”
This is the latest in a number of deals that Penningtons Manches’ corporate team has completed in the publishing and media sector.