ULive, a company set up to commercialize research from Liverpool University laboratories, will raise £20m when it floats on the Alternative Investment Market next month. It will have an initial market value of £70m. The company, which will begin marketing the deal this week, is the latest in a string of public listings of university technology transfer groups in the UK. Imperial Innovations, linked to London’s Imperial College, floated last summer. Others include BioFusion, which has commercialisation agreements with Sheffield and Cardiff universities, and IP Group, which has links with Oxford and others.
