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Frontier IP spins out third Portuguese firm Insignals Neurotech

Frontier IP Group Plc (LON:FIPP) has unveiled its third Portuguese spin out, Insignals. Frontier IP CEO Neil Crabb tells Proactive London how wrist rigidity is used by doctors to decide the optimum position for an implant during surgery, but currently, this is done by two trained surgeons making a judgement by manually manipulating the wrist, meaning the procedure can be biased by the physicians' experience and perception.
The IP commercialisation firm said it would hold a 33% stake in Insignals, which is a spin-out from the work of Professor João Paulo Cunha at the University of Porto and is developing wearable wireless devices to precisely measure wrist rigidity to help surgeons place brain implants more accurately during surgery on patients with Parkinson’s, epilepsy, and other neural conditions.

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Price: 66.51 GBX

Market: AIM
Market Cap: £33.71 m

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Frontier IP Group 'well positioned for another positive performance'

Frontier IP Group PLC's (LON:FIPP) Neil Crabb tells Proactive London's Andrew Scott he's confident their portfolio will continue to grow after profits in its latest full-year increased 160%. The fair value of the group’s investment portfolio also increased by 47% to £13.25mln, while it ended...

on 8/11/19

2 min read