News blog

Frontier IP

• BY: Andrew Hore |
• POSTED: 11/12/2012 |

University intellectual property commercialisation services provider Frontier IP says that one of its investee companies has signed a licence agreement with Tate & Lyle.

This means that Frontier IP will receive advisory fees owed to it and it will also benefit from a rise in the value of its stake in Nandi Proteins.

Nandi is a spin out from Heriot Watt University in Edinburgh. Tate & Lyle has an exclusive worldwide licence for aspects of Nandi’s protein technology for food and beverages and will commercialise the technology in the sector. Nandi retains the rights to the technology for the pharma sector. 

At 14p a share, up 0.5p, Frontier IP is valued at £1.83m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFNovember2012_38.pdf