Smith & Nephew plc’s investment in Leaf Healthcare

Smith & Nephew plc, the global medical technology business, has signed a distribution agreement with Leaf Healthcare, a developer of a unique wireless patient monitoring system for pressure ulcer/injury prevention.

This agreement supports Smith & Nephew’s strategic priority to innovate for value by delivering solutions that help healthcare professionals better improve the life of their patients.

The Leaf Patient Monitoring System is comprised of a small, lightweight, wearable sensor that wirelessly monitors a patient’s position and movement and uses that data to automate and document the management of prescribed turn protocols for patients at risk for ulcers/injuries.

Leaf Healthcare is a privately owned California-based business founded by Barrett Larson and Daniel Shen, graduates of the Stanford University School of Medicine. As students at Stanford, they recognized an unmet need for a data-driven, automated solution for patient turning and began working to develop the Leaf Patient Monitoring System.

The Leaf Patient Monitoring System is currently available in the United States where it is in a limited number of hospitals that are seeking to prevent pressure ulcer/injuries in their facilities. This partnership enables this technology to reach a nationwide customer base and is the next step in using technology to change the standard of care.

Jones Day has advised Smith & Nephew Plc in its strategic minority stake investment in and distribution agreement with Leaf Healthcare with a team led by Kenneth Boehner.

Involved fees earner: Kenneth Boehner – Jones Day;

Law Firms: Jones Day;

Clients: Smith & Nephew;


Author: Ambrogio Visconti