Qlucore AB is now listed on Nasdaq First North Growth Market. The first day for trading in the Company’s shares took place on November 5, 2021 under the short name QCORE.
“We are entering a new phase. With the share issue and listing, we have resources to develop our software which enables solutions for better cancer care. Our solutions are based on AI-based machine learning and visualization of data.”
– Carl-Johan Ivarsson, CEO
As previously announced, Qlucore has completed a new issue of shares to the public and professional investors in Sweden and internationally amounting to approximately SEK 90 million. The offer was fully subscribed. The funding is going to be used for the expansion in precision and companion diagnostics. This is expanding areas. By combining visualization, AI-based machine learning and data from standard genetic measurements, Qlucore offers software solutions for precision diagnostics.
Qlucore is a leading provider of new generation of intuitive bioinformatics software for research and precision and companion diagnostics. Qlucore’s mission is to make it easier to analyze the large amounts of complex data generated by innovations in genomics and proteomics. This is done by providing powerful visualization-based bioinformatics analysis data tools for research and precision diagnostics. The tools are so easy to use that researchers, technicians and doctors can easily interpret and explore their data sets. Qlucore has customers in about 25 countries around the world, with sales offices in Europe and North America, and distribution in several countries in Asia. Many of the leading academic institutions and pharmaceutical companies around the world use Qlucore.
Qlucore was founded in 2007 by leading researchers at the departments of mathematics and clinical genetics at Lund University and was for a couple of years part of Ideon Innovation’s Incubator program where Ideon Innovation supported their startup journey. Today Qlucore is still located at Ideon Science Park and has grown extensively since their start in the incubator where they in 2017 took a major step in their technology by adding the NGS module including a dynamic and fast Genome browser to enable analysis of data being generated with Next Generation Sequencing (NGS) technologies. Do you wish to know more about how Ideon Innovation can support your startup journey?
Qlucore Omics Explorer software is a do-it-yourself bioinformatics software for research in the life sciences, plant and biotechnology industries, and academia. The powerful and flexible visualization-based analysis tool with built-in powerful statistics gives results instantly.