Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksImperial Innovations Group Share News (IVO)

  • There is currently no data for IVO

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Imperial Innovations portfolio value rises as companies near IPO

Wed, 16th Oct 2013 11:25

Imperial Innovations accompanied news of a full year rise in its portfolio value with the announcement of a Nasdaq flotation for portfolio company Oxford Immunotec.The university spin-out group said had "a number" of companies in its portfolio also ready for initial public offering (IPO) or trade sale, as the portfolio had increased in value by 21% to £188.2m by the July 31st year-end.Although profits had slipped from £5.1m to £3.8m, net assets crept up from £228.2m to £230.5m with £22.2m invested across 28 portfolio companies. Allergy specialist Circassia, 18% owned by II, posted the largest gain in fair value of £8.5m after highly encouraging clinical trials.Oxford Immunotec, a medical diagnostics company founded with the help of current 8% shareholder II in 2002, plans to raise $86m in its US IPO.The group had available cash of £80m at the year-end, including an undrawn £30m loan from the European Investment Bank.Shares in Imperial Innovations were down 1.4% to 350p at 12:00 on Wednesday.OH
More News
27 Jul 2015 07:41

Imperial Innovations Makes Further Investment In Concirrus

Read more
14 Jul 2015 07:38

Imperial Innovations Gets GBP50 Million European Investment Bank Loan

Read more
2 Jul 2015 23:01

For first time, gene therapy shows promise in cystic fibrosis

By Kate Kelland LONDON, July 3 (Reuters) - Scientists conducting a major trial of a therapy that replaces the faulty gene responsible for cystic fibrosis say the treatment has showed significant benefit for the first time in patients' lung function. The technique, developed with the t

Read more
2 Jul 2015 09:49

Imperial Innovations and Mercia Technologies invest in aluminium business

AIM listed firms Imperial Innovations and Mercia Technologies have together provided £4m to aluminium business Impression Technologies. The duo invested £2.5m and £1.5m respectively in the firm which makes aluminium components for the transport sector. The investment brings Imperial Innovation's s

Read more
2 Jul 2015 07:03

Imperial Innovations And Mercia Add To Impression Technologies Stakes

Read more
1 Jul 2015 06:57

Imperial Innovations' Veryan Medical Enrols Subject For MIMICS-2 Study

Read more
30 Jun 2015 16:26

Imperial Innovations invests £3m in Abingdon, brings stake to over 30%

British technology transfer and commercialisation company Imperial Innovations Group said it has invested £3m in portfolio company Abingdon Health. On Tuesday, the London-listed group said that, along with existing investors, it had invested £2.5m in Abingdon and now holds a 33.7% stake in the busin

Read more
30 Jun 2015 07:31

LONDON BRIEFING: Shares Ignore Positive Asian Session To Open Lower

Read more
30 Jun 2015 06:52

Imperial Innovations Leads Funding Round For Abingdon Health

Read more
25 Jun 2015 10:17

London mayor suggests $15 bln 'megafund' to boost biotech

LONDON, June 25 (Reuters) - Banks, investors and big drug companies should consider creating a 10-billion-pound ($15.7 billion) "megafund" to help biotech firms in London and across Britain compete with U.S. rivals, London mayor Boris Johnson said on Thursday. Britain is a leader in academi

Read more
3 Jun 2015 07:23

LONDON MORNING BRIEFING: Merlin Entertainments Hit By Coaster Crash

Read more
3 Jun 2015 06:48

Imperial Innovations Commits Funds To Antibiotics Developer Auspherix

Read more
29 May 2015 15:31

Imperial Innovations' portfolio company appoints new executive chairman

Technology investment group Imperial Innovations Group has appointed Paolo Paoletti as executive chairman of its portfolio company Kesios Therapeutics. London-based Kesios, which develops novel therapeutics for cancer treatments, was created to develop and commercialise certain research from the Dep

Read more
26 May 2015 07:26

LONDON MORNING BRIEFING: Ryanair, Royal Mail Stand Out From Flat Open

Read more
26 May 2015 06:38

Imperial Innovations Sells Stake In Epigeum For GBP1.9 Million

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.