To stop publicly-funded research sinking in the valley of death, it is essential to bring industry and universities together in centres dedicated to commercialisation, according to Mike Gregory and Roman Szumski, experts from the UK and Canada
The technology-transfer unit of Imperial College London, continuing preparations for its stock-market debut on 31 July, said it has completed a £25 million private placement and set a public share price that would value the business at £181 million.