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Imperial Innovations to change name to 'Touchstone'

Fri, 28th Oct 2016 14:18

(ShareCast News) - Imperial Innovations Group announced on Friday that at its annual general meeting on 21 November, it will be seeking shareholder approval to change the name of the company to Touchstone Innovations.The AIM-traded group was originally formed as the technology transfer office for Imperial College, which is a role it still carries out.However, the board said it also invests in opportunities arising from intellectual property derived from, or associated with, the University of Cambridge, the University of Oxford and University College London.In January, the group announced two new initiatives aimed at expanding its licence portfolio and broadening its visibility of, and access to, intellectual property from elite universities within an area broadly bounded by London, Oxford and Cambridge - namely its participation in the UCL Technology Fund and in the Apollo Therapeutics joint venture."Whilst we are incredibly proud of our heritage and association with Imperial College, it has become increasingly apparent that the name 'Imperial Innovations', with its strong link to the group's origins within Imperial College, does not reflect the diversity of the sources of the intellectual property that the Group commercialises and in which we invest," said group chief executive Russ Cummings."We believe that 'Touchstone Innovations' is a name that provides a relevant narrative for our business."Cummings explained that Touchstones were historically used by goldsmiths to test the purity of gold or silver, and the term 'touchstone' has also come to represent a standard against which the genuineness or quality of something is judged."'Touchstone Innovations' thus has an interesting resonance with our science focus and many positive connotations relevant to the group's operations."The board assured that the existing Imperial Innovations brand will be retained for the work of the group's technology transfer office and its ongoing relationship with Imperial College.
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Imperial Innovations completes quick-change to Touchstone

(ShareCast News) - Imperial Innovations Group announced on Thursday that, further to the shareholder approval received at its AGM on 21 November 2016, the change of the company's name to Touchstone Innovations took effect on 4 January. The AIM-traded firm added that, with effect from 0800 GMT on Thu

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24 Oct 2016 15:04

Imperial Innovations celebrates investment momentum

(ShareCast News) - Imperial Innovations Group noted on Monday that its portfolio company, Veryan Medical, has completed enrolment into the MIMICS-2 clinical study of its BioMimics 3D Self-Expanding Stent System. The AIM-traded firm said the MIMICS-2 study is a prospective, multicentre, interventiona

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24 Oct 2016 06:59

Imperial Innovations Says Veryan Completes Clinical Study Enrolment

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13 Oct 2016 08:36

Imperial Innovations' increases investments as pre-tax loss widens

(ShareCast News) - Imperial Innovations' annual pre-tax loss widened while the technology commercialisation and investment company increased investments across its business with universities and a joint venture. For the year ended 31 July, the pre-tax loss widened to £63.1m from £15.1m, last year, w

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6 Oct 2016 15:15

UK Earnings, Trading Statements Calendar - Next 7 Days

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6 Oct 2016 15:15

Imperial Innovations shares up on portfolio company progress

(ShareCast News) - Imperial Innovations Group updated the market on Thursday, noting that its portfolio company TopiVert Pharma has announced that the first patients have been dosed in its Phase IIa proof-of-concept study to evaluate the safety, tolerability and efficacy of a rectal formulation of T

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6 Oct 2016 06:31

Imperial Innovations: Topivert Moves To Phase Two Of TOP1288 Study

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3 Oct 2016 15:20

Imperial Innovations sells Permasense portfolio business

(ShareCast News) - AIM-listed Imperial Innovations has sold its portfolio company Permasense to Fortune 500 company Emerson Electric for an initial consideration of £30.6m in cash. Further amounts of up to £10m may be paid in addition, subject to the Permasense business achieving certain performance

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21 Sep 2016 12:23

Imperial Innovations invests £5.1m in new biotech start-up

(ShareCast News) - AIM-listed technology investor Imperial Innovations invested £5.1m in Artios Pharma, a new biotech start-up launched on Wednesday. Imperial Innovations contributed £5.1m to the £25m series A funding round, giving it a 14.9% interest in the new Cambridge- based company. Artios, wh

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19 Aug 2016 09:23

Cambridge University innovation investor raises 75 million pounds

LONDON, Aug 19 (Reuters) - Cambridge Innovation Capital, which commercializes technology and healthcare research from Cambridge University, has raised 75 million pounds ($98 million) from investors, including for the first time Woodford Investment Management. CIC, founded in 2013, has alrea

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12 Jul 2016 06:55

Imperial Innovations Notes Cell Medica Acquisition Of Delenex

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6 Jul 2016 06:41

Imperial Innovations Takes Part In New Funding For Econic Technologies

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30 Jun 2016 11:39

Imperial Innovations Says PsiOxus Signs Deal With Bristol-Myers Squibb

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