Quantum-Si forms Scientific Advisory Board with top experts

Published 04/02/2025, 14:14
Quantum-Si forms Scientific Advisory Board with top experts

BRANFORD, Conn. - Quantum-Si Incorporated (NASDAQ:QSI), a $330 million market cap company known for its focus on protein sequencing technology, announced the formation of its Scientific Advisory Board (SAB), bringing together leading figures in fields such as proteomics, genomics, bioinformatics, chemistry, and engineering. According to InvestingPro data, the company maintains a strong financial position with a current ratio of 13.42, indicating robust short-term liquidity. This new board is set to guide the company’s scientific direction, spot emerging trends, and foster community engagement within the scientific sector. The company has demonstrated impressive revenue growth of 232% in the last twelve months, though analysts note the company is still in its growth phase.

Dr. Gloria M. Sheynkman, an Assistant Professor at the University of Virginia, has been appointed as the Chair of the SAB. With her expertise in proteoform characterization and single-molecule protein sequencing, Dr. Sheynkman’s research offers valuable insights into complex diseases and she is actively involved with professional organizations like the American Society for Mass Spectrometry and the Human Proteome Organization.

Expressing her enthusiasm, Dr. Sheynkman stated, "Proteomics is entering a transformative era, and I’m thrilled to collaborate with Quantum-Si in advancing the tools needed to explore its full complexity."

Quantum-Si’s CEO, Jeff Hawkins (NASDAQ:HWKN), welcomed Dr. Sheynkman and the advisory board, emphasizing their critical role in advancing proteomics through innovation and guiding the company in unlocking new applications for its technology.

Other notable members joining the SAB include Dr. Benjamin A. Garcia of Washington University School of Medicine, Dr. Bradley L. Pentelute of MIT and the Broad Institute, and Dr. Denis Zaccarin, a seasoned semiconductor technology expert with experience at Pacific Biosciences (NASDAQ:PACB) of California.

The establishment of the SAB is expected to support Quantum-Si’s efforts in prioritizing key applications, fostering collaborations, and promoting awareness of Next-Gen Protein Sequencing (NGPS) within the broader scientific community.

This announcement is based on a press release statement and provides a glimpse into Quantum-Si’s ongoing commitment to revolutionize proteomics research, drug discovery, and diagnostics with its Platinum® line of instruments and other developments in protein sequencing technology.

In other recent news, Quantum-Si Incorporated has been making significant strides in the field of protein sequencing technology. The company has launched Platinum Pro, a new protein sequencer designed to enhance proteomics research efficiency and versatility. The device, now available for order, offers a comprehensive solution for protein sequencing and analysis, and is expected to ship in the first quarter.

In addition to this, Quantum-Si has announced the early access availability of ProteoVue, a bioinformatics tool for detecting and quantifying Single Amino Acid Variants (SAAVs) in proteins. This tool, part of the Platinum Analysis Software (ETR:SOWGn) suite, is expected to significantly advance proteomics research.

The company has also regained compliance with Nasdaq’s minimum bid price requirement, ensuring its continued listing on the exchange. Furthermore, Quantum-Si has undertaken a company-wide restructuring effort, which includes a significant workforce reduction to streamline operations and focus resources on future product development.

Recently, H.C. Wainwright maintained a Buy rating on Quantum-Si and increased the price target to $5.50, reflecting optimism about the company’s upcoming Proteus platform. This next-generation protein sequencing technology, expected to launch in the second half of 2026, is anticipated to bring significant enhancements to the field. These are the recent developments in Quantum-Si’s journey.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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