International legal business DWF has advised digital healthcare services provider Now Healthcare Group (NHG) on a £4million funding investment by cash plan provider Medicash.
The funding will enable Salford-based NHG to develop its tech-driven healthcare solutions, including its artificial intelligence and machine-learning offering through its mobile app products and online pharmacy. Further still, the £4million investment will be put towards the faster development of auto-diagnoses and medicine adherence services as well as building on NHG's private medical insurance offering and its soon-to-launch NHS medicine adherence and fulfilment app.
Frank Shephard, DWF Head of Corporate, and corporate solicitor Francesca Kinsella acted for NHG.
Frank Shephard, DWF Head of Corporate, said: "At DWF we pride ourselves in our ability to immerse ourselves in our clients' markets, which enables us to deliver far more effective advice that will actually enable them to grow or develop. This deal highlights our desire to work with emerging companies and strong sector capability across both the healthcare and technology sectors".