Quantum-Si Incorporated Stock Price, News & Analysis

Quantum-Si, a life sciences company (NASDAQ: QSI), announced a groundbreaking development in protein sequencing technology. Published in Science, their research presents a next-generation single-molecule protein sequencing platform utilizing semiconductor chips and Time Domain Sequencing™, offering real-time amino acid insights. This innovation promises to enhance drug discovery and diagnostics, significantly impacting biomedical research. Founded by Dr. Jonathan Rothberg, Quantum-Si aims to redefine proteomics, facilitating greater understanding of proteins and their roles in health and disease.

Quantum-Si Incorporated (NASDAQ: QSI) has appointed Jeff Hawkins as its new Chief Executive Officer, effective October 10, 2022. Hawkins succeeds Dr. Jonathan Rothberg, who has been Interim CEO since the company's founding. With over 20 years in life sciences, Hawkins previously led significant growth at Illumina and Truvian Sciences. He will oversee the launch of Quantum-Si's Platinum™ instrument, the first next-generation single-molecule protein sequencing platform. This transition aims to propel the company into a new growth phase.

Quantum-Si Incorporated (Nasdaq: QSI) announced participation in the Morgan Stanley 20th Annual Global Healthcare Conference from September 12-14, 2022, in New York, NY. Patrick Schneider, President and COO, will engage in a fireside chat on September 14, 2022, at 10:35 am ET. The discussion will focus on the company's advancements toward commercialization of the Platinum™ instrument, a pioneering platform for single-molecule protein sequencing. A live and archived webcast will be available in the Investors section of Quantum-Si's website.

Quantum-Si Incorporated (Nasdaq: QSI) reported its second quarter 2022 financial results, revealing a net loss of $32.4 million, an improvement from a loss of $35.7 million in Q2 2021. Operating expenses decreased 6% to $30.2 million. Research and development costs rose to $18.5 million due to increased product development activities. Despite the challenges, the company achieved significant milestones in protein sequencing, demonstrating recognition of 15 out of 20 amino acids. Quantum-Si maintains a strong cash position of $400.7 million, enabling continued business investments.

Quantum-Si Incorporated (NASDAQ: QSI) announced participation in two investor conferences featuring President and COO Patrick Schneider. The Canaccord Genuity 42nd Annual Growth Conference is on August 10, 2022, at 8:30 am ET, and the UBS Genomics 2.0 and MedTech Innovations Summit is on August 11, 2022, at 3:00 pm PT. Discussions will focus on the company's advancements in commercializing its innovative Platinum™ instrument for single-molecule protein sequencing. Archived webcasts will be available on Quantum-Si's website.

Quantum-Si Incorporated (NASDAQ: QSI) announced it will report its financial results for Q2 2022 after market close on August 8, 2022. A conference call will be held on the same day at 4:30 p.m. ET to discuss the results and provide a business update. Quantum-Si focuses on innovative single molecule protein sequencing technologies aimed at advancing proteomics, drug discovery, and diagnostics.

Quantum-Si Incorporated, a life sciences company, announces its inclusion in the Russell 2000® Index effective June 27, 2022. This significant milestone follows its public trading anniversary and is expected to enhance stock visibility among investors. The Russell indexes serve as benchmarks for numerous investment strategies, managing about $12 trillion in assets. The company is advancing its single molecule protein sequencing technology, aiming to transform proteomics and improve drug discovery.

Quantum-Si Incorporated (NASDAQ: QSI) announced the appointment of Vikram Bajaj, Ph.D., to its Board of Directors on June 16, 2022. Dr. Bajaj, co-founder and former Chief Scientific Officer of Verily, brings extensive expertise in precision medicine and life sciences investment. His role is expected to bolster Quantum-Si's commercialization strategy for its next-generation protein sequencing system, which aims to revolutionize proteomics. CEO Jonathan Rothberg highlighted Bajaj's significant experience as critical to advancing the company's ambitious goals.

Quantum-Si (NASDAQ: QSI) presented significant advancements in its protein sequencing technology at the Next-Generation Protein Analysis Conference. Dr. Brian Reed announced the ability to cover over 70% of the human proteome and identify up to 90% of proteins, including vital post-translational modifications. The company's Platinum™ Protein Sequencing Platform is on track for commercialization later this year, enhancing research capabilities across various medical fields like oncology and cardiology. For more information, visit Quantum-Si's website.