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Frontier IP Group's Neil Crabb reports back on 'solid' portfolio growth and developments

Frontier IP Group PLC's (LON:FIPP) Neil Crabb caught up with Proactive London's Andrew Scott to update on recent developments with its portfolio companies.

Among a number of highlights they've increased its stake in artificial intelligence (AI) firm Celerum Limited to 33.8% from 10% as well as Exscientia, which has begun phase 1 clinical trials of DSP-1181, the world’s first drug created by artificial intelligence (AI).

''The industrial traction is really important to us - it's not primarily about investment, it's about showing industry engagement and that's an underlying theme of a lot of the activity and our ability to add value within that''.

Quick facts: Frontier IP Group PLC

Price: 66 GBX

AIM:FIPP
Market: AIM
Market Cap: £36.3 m
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Frontier IP Group PLC chief sees first investee IPO by the end of 2017

Neil Crabb, chief executive of Frontier IP Group PLC (LON:FIPP) says a number of its investee companies “are beginning to see significant commercial traction now.” In terms of an upcoming IPO for any of its investee firms, he says: “There are a number of companies in the portfolio...

on 03/09/2016

2 min read