News blog

Frontier IP

• BY: Andrew Hore |
• POSTED: 01/10/2012 |

University intellectual property commercialisation services provider Frontier IP is in the process of raising money to support the development of relationships and for working capital.

Some developments expected to happen in the year to June 2012 have fallen into the current year. Three new spin-out companies have been added to the portfolio. Frontier IP also hopes to complete delayed licence agreements with two portfolio companies.

A loss of £380,000 is expected for the year to June 2012.

At 13.5p a share, Frontier IP is valued at £940,000. This means that any fundraising is likely to be highly dilutive.

In June, Frontier IP signed a collaboration with the University of Central Lancashire. An additional agreement has been signed with the University of Dundee.

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