IP Group Plc Announces The Opening Of Greater China Headquarter In Hong Kong

IP Group plc (LSE: IPO), the world’s leading intellectual property commercialization company, announced the opening of its Greater China headquarter in Hong Kong during the Group’s  ‘Global Deep Tech Forum’ event held at the Hong Kong Stock Exchange.

Alan Aubrey, Chief Executive of IP Group plc, said: “IP Group is committed to working with partners in Asia and in particular China to support the growth of its portfolio companies with exposure to one of the world’s most dynamic economies. Hong Kong is the ideal gateway for IP Group to fulfill its ambition for the Greater China market with its well-developed capital market, world-class legal system, and increasing focus on innovation & technology. IP Group and its portfolio companies will benefit from the fast-growing market as well as the well-established supply chain of the Greater China area. We consider this region to be strategically important and will continue to facilitate partnership discussions between our portfolio companies and relevant local parties.”

IP Group plc, which is headquartered in London, has partnered with leading universities and research institutions in the UK, the US and Australasia to help commercialize their intellectual property. The Group’s portfolio, which was valued at c£1.1bn at 30 June 2018, comprises over 150 companies and covers a broad range of innovations across life sciences and technology. Many of the Group’s UK portfolio companies have secured investment and business partnerships in Greater China, including Oxford Nanopore Technologies, Ceres Power, Mirriad Advertising and Creavo Medical Technologies. The Group’s largest holding, Oxford Nanopore Technologies, which provides novel DNA/RNA sequencing technology, completed a £100m fundraising primarily from Asian investors earlier this year.

About IP Group IP Group plc is a leading intellectual property commercialization company focused on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital, networks, recruitment, and business support. IP Group has a strong track record of success, and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Top 3 Legal Battles Threatening Elon Musk’s Empire

Elon Musk, the visionary behind Tesla and SpaceX, hardly needs an introduction. His ambitious ventures often catapult him into the spotlight, not just for groundbreaking innovations but also for a series of high-profile legal disputes.

Exploring Top Language Learning Apps of 2024 (Other Than Duolingo!)

As we usher in the new year, many of us are armed with resolutions, and often, topping our bucket list is the ambition to learn a new language. Yet, here’s the twist in the tale—our journey of mastering a foreign tongue is often fraught with lost tracks and dwindling motivation. What if I told you there’s a smoother path? The solution lies in your pocket: simply download a language-learning app. These digital tutors not only nudge you to keep up with your daily lessons but also offer the flexibility to master a new dialect on the go, anytime, anywhere.

Eightfold AI Joins Department of Commerce Initiative for AI Safety

Eightfold AI, an AI-driven talent solution company, has announced its involvement in a Department of Commerce initiative aimed at fostering the development and deployment of trustworthy and secure artificial intelligence (AI). This initiative, under the auspices of the National Institute of Standards and Technology (NIST), introduces the U.S. AI Safety Institute Consortium (AISIC). The consortium aims to unite a diverse group of stakeholders, encompassing AI developers, users, academia, government and industry experts and civil society bodies to advance the mission of safe and reliable AI.

What Are Shadow Boards in the Workplace? Pros and Cons

In today’s rapidly evolving business landscape, companies are constantly seeking innovative ways to maintain a competitive edge. An intriguing development in this arena is the emergence of “shadow boards”—dynamic groups within organizations designed to complement the official board of directors by offering fresh perspectives on critical business strategies. This article explores the role of shadow boards in the modern workplace and highlights their benefits, challenges and how they are shaping future business practices.

Anthropologie and Pinterest Unveiled 2024 Bridal Trends at NYC Pop-Up Event

Anthropologie Weddings, a bridal collection from the global lifestyle brand Anthropologie, in collaboration with AnthroLiving and Terrain, debuted the Anthropologie Weddings x Pinterest Trend Pop-Up. This event, developed in partnership with Pinterest, was designed to bring emerging bridal trends, as identified by Pinterest Predicts, into tangible experiences. Offering inspiration and early access to trends, the pop-up showcased bridal designs, décor and lifestyle options that could be personalized for unique wedding visions.