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Telescope Innovations to Install First Self-Driving Lab in Korea

Story Highlights
  • Telescope Innovations’ Self-Driving Lab will be installed in Seoul to boost pharmaceutical R&D.
  • The partnership with KPBMA positions Telescope at the forefront of Korea’s digital R&D transformation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telescope Innovations to Install First Self-Driving Lab in Korea

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An announcement from Telescope Innovations Corp ( (TSE:TELI) ) is now available.

Telescope Innovations Corp has announced that the Korean Pharmaceutical and Biopharmaceutical Manufacturers Association (KPBMA) has purchased its Self-Driving Lab (SDL) platform for installation at a new R&D facility in Seoul. This marks the first deployment of an SDL in Korea, aiming to accelerate pharmaceutical development through AI-driven experimentation. The partnership supports Korea’s shift towards automated and digital R&D, positioning Telescope at the forefront of this transformation. The SDL’s ability to automate and optimize experiments continuously offers significant potential to reduce development timelines and enhance R&D efficiency, with broader applicability across various industries.

More about Telescope Innovations Corp

Telescope Innovations is a chemical technology company that develops scalable manufacturing processes and tools for the pharmaceutical and chemical industries. The company specializes in flexible robotic platforms and artificial intelligence software to enhance experimental throughput, efficiency, and data quality.

Average Trading Volume: 72,915

Technical Sentiment Signal: Buy

Current Market Cap: C$20.94M

For a thorough assessment of TELI stock, go to TipRanks’ Stock Analysis page.

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