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Frontier Resources crossing new boundaries with switch into healthcare

"We are helping women who can’t conceive and currently have no help," says Concepta Diagnostics chief executive Erik Henau.

Concepta is reversing into cash shell Frontier Resources (LON:FRI) with investors in the former receiving just over £3mln, mostly in paper.

At the same time Frontier, which is being renamed Concepta PLC, is raising £3.5mln via a placing of new stock.

The newly-listed company already has regulatory approval for the launch of its MyLotus fertility monitoring device for China, a potentially huge market for the company with four million women each year affected by unexplained infertility says Henau.

 
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