FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Company
Frontier IP Group PLC
LON:FIPP
Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs. The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.
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Frontier IP takes stake in antibiotics developer spun out from University of Plymouth
Research has shown that epidermicin can be six times more effective than traditional antibiotics in treating infections such as MRSA and Streptococcus
FTSE 100 closes higher as US stocks surge
The UK's premier index closed up around 36 points at 7,367.
Hardware & electrical equipment
Frontier IP partner Alusid raises £1.34mln as it advances new factory project
The latest funding round has lifted the value of Frontier's stake in Alusid, to £1.73mln up from £700,000.
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Sirius Minerals advances, supermarkets Tesco, J Sainsbury, Morrison PLC rise
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Former AB Sugar innovation head joins Frontier IP as commercialisation director
Matthew White’s 23-year tenure at AB Sugar involved working extensively with university partners on collaborative research programmes totalling over £20mln
FTSE 100 closes lower after lacklustre day; trade fears weigh
FTSE 100 closed down nearly two points on the day at 7,302
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Frontier IP portfolio company awarded £50,000 grant to develop anti-mastitis vaccine
The investment firm said the grant would be used to run a proof-of-concept study to investigate whether the technology can produce a vaccine that is cheaper and more effective
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FTSE 100 closes deep in red as Turkey/US worries escalate
Footsie closed down 1.49%, or around 114 points, at 7,497 on the day
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Frontier IP reveals first Portuguese spin out with paper electronics company
The AIM-listed investment firm said it would take a 31.8% stake in NTPE, whose Paper-E technology creates "inks" that can be used to print electronic circuits
Investments and investor services
FTSE 100 closes strongly as commodities rally, bolstered by Wall Street gains
At the close, the UK blue chip index was up 54.70 points at 7,718.48, albeit below the session peak of 7,752.08, having recovered from a low of 7,663.20