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Frontier IP Group hail Exscientia success with fair value of portfolio up 64% to £32m

Frontier IP Group hail Exscientia success with fair value of portfolio up 64% to £32m

Frontier IP Group PLC (AIM:FIPP)'s Neil Crabb talks to Proactive London about their full year results and the appointment of Professor Dame Julia King, Baroness Brown of Cambridge, and chair of The Carbon Trust to the board of directors as an independent non-executive director.

Crabb takes viewers through the numbers with pre-tax profits up by 145 per cent to £10.2 million and the fair value of the portfolio up 64 per cent to £32 million.

As he explains, largely driven by Exscientia, which completed two funding rounds in the year, and announced a collaboration with Bristol Myers Squibb, one of the world’s biggest pharmaceutical companies.

He goes on to express his delight at having Professor Dame Julia King on the board with her huge experience across industry, academia and government.

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