UK intellectual property commercialisation firm Frontier IP has taken a 30% stake in a newly formed spin-out company from the University of Central Lancashire, a UK university.
Frontier IP also expects to receive licensing income from the business. The unnamed companyis being formed out of the university’s Silicate Research Unit.
David Binns, from the Silicate Research Unit, said: "We are delighted our innovative research is being taken out into the wider world. Our new products have the potential to…
