University IP commercialisation company Fusion IP has announced its preliminary results for the 12 months ended 31 July 2012.
Highlights included the sale of Simcyp to Certara for $32m (£20m), generating approximately $6.4m for Fusion.
In addition, the value of the company’s portfolio has increased to £19.8m compared with £16.8m in 2011. Cash and deposit balances have totalled £5.9m (£2m in 2011).