Quantum-Si Entered Into An Agreement With 3Genes Distribution To Distribute Its Protein Sequencing Instrument, Platinum, Across Czech Republic, Slovakia And Hungary
Portfolio Pulse from Benzinga Newsdesk
Quantum-Si has signed a distribution agreement with 3Genes Distribution to market its protein sequencing instrument, Platinum, in the Czech Republic, Slovakia, and Hungary. This move is part of Quantum-Si's strategy to expand the reach of proteomics technology in European labs and follows a recent agreement with ELTA 90 to distribute Platinum in Southeast Europe.
December 12, 2023 | 1:40 pm
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Quantum-Si's agreement with 3Genes to distribute its Platinum instrument in Eastern Europe could lead to increased market penetration and revenue growth in the region.
The distribution agreement with 3Genes is likely to have a positive impact on Quantum-Si's short-term stock performance as it opens up new markets for its Platinum instrument. The expansion into the Czech Republic, Slovakia, and Hungary, following the deal with ELTA 90, indicates a strategic push into Europe, which investors may view favorably due to the potential for increased sales and revenue.
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