Frontier IP appoints Jo Stent as Chief Financial Officer

LONDON: Frontier IP, a specialist in commercialising intellectual property, announced the appointment of Jo Stent as Chief Financial Officer with effect from 22 April 2024. Jo is a chartered accountant, having qualified at Ernst & Young, and brings nearly 30 years’ experience in senior financial roles across a broad range of sectors and geographies. Jo…

Frontier IP sells more Exscientia shares for $1.86 million

LONDON, UK: Frontier IP, a UK-based company that helps commercialise intellectual property, has announced that it has sold more shares of its portfolio company Exscientia, a biotech firm that uses artificial intelligence to discover new drugs. The company said it sold 288,850 American Depositary Shares (ADSs) of Exscientia for net proceeds of about $1.86 million…

Exscientia IPO priced at $304.7mn, notifies $160mn placements

LONDON, UK: Frontier IP’s portfolio company Exscientia plc has announced today the pricing of its initial public offering (IPO) of 13.85 million American Depositary Shares (ADSs) at a public offering price of $22 per ADS. Exscientia has raised gross proceeds of approximately $304.7 million. In addition, Exscientia announced the concurrent sale of an additional 7.272…