Financial Services Industry
Industry: Email Alert RSS FeedIP2IPO (IPO).
Investors Chronicle, October, 2004
According to IP2IPO's chief executive, David Norwood, commercialising technical discoveries at UK universities is the "last great privatisation". The company joined Aim in October 2003 via a placing at 275p and the shares have almost doubled in value. The key to the business is its long-term links to universities, notably the chemistry department at Oxford University, which is the largest in the western world. Its other links are with King's College London (dominated by life sciences), the Centre for Novel Agricultural Products at York University, and the University of Southampton. These links run until 2015 with Oxford, until 2027 with Southampton and until 2028 with Kings College and York.
In total, these universities employ more than 5,000 researchers and,...
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