Intellectual property commercialisation company, Frontier IP, that has worked with both Dundee University and St Andrews University, has reported a drop in revenue that has been reflected in a drop in its shares.
Frontier IP, a UK-based firm that assists universities in commercialising their intellectual property, has seen its shares drop 9.47% after it reported a revenues drop.
The company, whose portfolio contains spinouts from both Dundee University and St Andrews University, reported six-month returns ending on 31 December of £244,000 ($361,000) compared with £345,000 from the same period in the previous year.
In the same six-month period the company reported a pre-tax loss of £242,000. The previous year had the company declaring…
