Imperial Innovations is one of the UK's leading technology transfer and commercialisation companies. The company was founded in 1986 and its ordinary shares admitted to trading on the Alternative Investment Market of London Stock Exchange plc in July 2006, raising £25 million at an offer price of 365p and £1 million by means of a public offer. The Alternative Investment Market (AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a
The company’s integrated approach encompasses the identification of ideas, protection of intellectual property, development and licensing of technology and formation, incubation and investment in technology businesses. A wide range of technologies are commercialised within the areas of healthcare, energy, environment and emerging technology trends.
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In April 2005 Imperial Innovations entered into a 15-year agreement with Imperial College London to commercialise technology derived from research at Imperial. Imperial College London (officially The Imperial College of Science Technology and Medicine as given in its Royal Charter It is one of only three universities to have reached Imperial Innovations also commercialises technologies originating from outside Imperial College through incubation contracts with the Carbon Trust and Waste & Resources Action Programme and has commercialisation contracts with a number of multinational corporations including BAE Systems. The Carbon Trust is a not for Dividend Company limited by guarantee created by the UK government to help businesses and public organisations The Waste & Resource Action Plan, WRAP, is a Not-for-profit Company created in 2000 as part of the UK Government's waste strategies. BAE Systems plc (BAE is a British defence and aerospace company headquartered in Farnborough, England, that has global interests particularly
Imperial Innovations has established equity holdings in approximately 70 companies, the majority of which are spin-outs arising from technologies developed at Imperial College, and a high proportion of which are biotech or medical devices firms. Spin out refers to a type of Spin off where a company "splits off" sections of itself as a separate business Biotechnology is Technology based on Biology, especially when used in Agriculture, Food science, and Medicine. A medical device is an object which is useful for diagnostic or therapeutic purposes
In 2006 Imperial Innovations filed 61 patents, up from 47 in 2005. A patent is a set of Exclusive rights granted by a State to an inventor or his assignee for a fixed period of time in exchange for a disclosure of an By the end of 2006 it managed more than 275 patent families. A patent family is all the Patents and Patent applications resulting from a specific Patent application.