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XtalPi Reports Revenue Growth and Operational Efficiency in 2024

Story Highlights
  • XtalPi’s revenue increased by 52.8% in 2024, reaching RMB266.4 million.
  • The company is transforming R&D with its ‘AI + Robotics’ framework, enhancing drug and materials development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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QuantumPharm, Inc. ( (HK:2228) ) just unveiled an announcement.

XtalPi Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a 52.8% increase in revenue to RMB266.4 million and a narrowed adjusted net loss by 12.5% to RMB456.8 million. The company has reached the Commercial Company revenue threshold ahead of schedule, indicating a steady progression towards large-scale development. XtalPi’s implementation of AI tools and high-efficiency strategies has reduced its monthly average cash burn by 22.6%. The company is pioneering a shift in R&D paradigms with its ‘AI + Robotics’ framework, which enhances drug and materials development through advanced AI models and high-throughput experimentation, potentially disrupting various industries.

More about QuantumPharm, Inc.

XtalPi Holdings Limited is a Specialist Technology Company listed under Chapter 18C of the Stock Exchange. The company focuses on leveraging AI and robotics to innovate in the fields of drug and materials development, aiming to transform traditional R&D methodologies.

YTD Price Performance: -0.17%

Average Trading Volume: 111,870,525

Technical Sentiment Signal: Hold

For detailed information about 2228 stock, go to TipRanks’ Stock Analysis page.

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