Developer docs
API playgroundTry for free, no card

Search company profiles

CliniQuantum

Full company profile

uuid00q7wok

Namestring
CliniQuantum
Legal namestring
CliniQuantum Ltd.
Company typeenum
Private
Founded yearstring
-
Descriptiontext

CliniQuantum is an Israel-based private technology company headquartered in Tel Aviv that has developed a quantum simulation platform aimed at clinical trial data analysis. The platform applies proprietary quantum Monte Carlo methods, accessed through an exclusive worldwide license from Quantum X Labs Ltd., to perform computational simulation and optimization of clinical trial datasets. The intended customer base comprises pharmaceutical and biotechnology companies and healthcare research institutions conducting or sponsoring clinical research.

The company's product surface consists of a single core platform rather than a multi-product portfolio, and there is no public evidence of a commercially launched, revenue-generating product as of the disclosed events. The underlying technology is quantum Monte Carlo computation rather than classical machine learning, positioning the offering as a computational simulation tool for trial design and analysis. No pricing model, contract structure, go-to-market channel, or commercial deployment milestones have been disclosed.

In June 2026, CliniQuantum was acquired by NeuroThera Labs Inc., a majority-owned subsidiary of SciSparc Ltd., for approximately 54% interest at a total consideration of roughly CAD$9.46 million plus up to US$2.5 million in earn-out. The acquisition followed a definitive agreement signed in March 2026 and was conditioned on TSX Venture Exchange and Israeli tax authority approvals. CliniQuantum continues to operate from Israel under the NeuroThera Labs umbrella, with its commercial trajectory now tied to SciSparc's broader strategic direction.

Short descriptiontext

CliniQuantum is an Israeli quantum technology company that offers a simulation platform for clinical trial data analysis using licensed quantum Monte Carlo methods, serving pharmaceutical, biotech, and healthcare research customers. It was acquired by NeuroThera Labs in 2026.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersTel Aviv, Israel
HQ citystring
Tel Aviv
HQ countrystring
Israel
HQ regionstring
Middle East
Markets served

Serves global market

Keyword5 values
quantum computing, clinical trial analytics, quantum simulation, patient stratification, drug discovery
Industry2 codes
1Pharmaceutical & Biotech R&D Simulation (drug discovery, protein/ligand)
CodeHDAGAEABPrimaryYes
2Quantum Search & Sampling Algorithms
CodeHDAGADAEPrimaryNo
NAICS code1 code
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
SIC code1 code
  • Services-Commercial Physical & Biological Research8731
Product category
Clinical Trial Analytics Software
No data
Cost components3 values
Technology or R&D, Personnel, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

CliniQuantum provides a quantum simulation platform for clinical trial data analysis that uses proprietary quantum Monte Carlo sampling methods to identify patient subpopulations and hidden biological structures across molecular and patient data layers. The platform is built on an exclusive worldwide license from Quantum X Labs Ltd. for patented quantum Monte Carlo methods, enabling faster and more adaptive clinical studies with potentially fewer samples than traditional methods.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Potentially requires fewer samples than traditional clinical trial methods
Product overview1 text field

CliniQuantum offers a single unified quantum simulation platform for clinical trial data analysis. The platform utilizes proprietary quantum Monte Carlo sampling methods under an exclusive worldwide license from Quantum X Labs Ltd. to identify hidden biological structures and non-linear dependencies across molecular and patient data layers, enabling pharmaceutical researchers to design more efficient clinical trials with potentially fewer samples required compared to traditional methods.

Product and service1 record
1Quantum Simulation Platform for Clinical Trial Data Analysis
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeOEM/ Whitelabel/ Licensing PartnerAnnounced on2026-06-04
Description

CliniQuantum holds an exclusive worldwide license agreement with Quantum X Labs Ltd. to patented quantum Monte Carlo methods for identifying patient subpopulations in clinical trials. This exclusive license is the key asset of CliniQuantum, enabling the development of its quantum simulation platform for clinical trial data analysis.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-04
Description

NeuroThera Labs Inc., a majority-owned subsidiary of SciSparc Ltd., completed the acquisition of approximately 54% interest in CliniQuantum. The acquisition gives NeuroThera access to CliniQuantum's quantum computing platform designed to improve the efficiency of clinical trials through quantum simulation technology.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Multiverse Computing applies quantum and quantum-inspired algorithms to verticals including life sciences and pharmaceuticals, with portfolio offerings in molecular simulation and clinical/research optimization. It is an emerging peer to CliniQuantum in the niche of applied quantum algorithms for biopharma.

TypeDirect peer
Description

TriNetX operates a global health research network that identifies patient subpopulations and feasibility cohorts for clinical trials using real-world data analytics. It is a direct functional peer to CliniQuantum's patient subpopulation identification and trial design offering.

TypeBroad incumbent
Description

Veeva is a leading cloud platform for the life sciences industry, providing clinical trial management, data, and analytics solutions used by global pharma. It is a broad incumbent that competes for the same pharma clinical operations budget that CliniQuantum would target.

TypeBroad incumbent
Description

PsiQuantum is a well-capitalized quantum computing company pursuing fault-tolerant quantum systems with life sciences among its target applications. It is a broad incumbent that overlaps with CliniQuantum at the intersection of quantum computing and pharmaceutical/biotech R&D.

TypeDirect peer
Description

Flatiron Health provides real-world clinical and molecular data analytics used to design and run oncology clinical trials, including patient cohort identification. It is a direct peer in the clinical trial data analysis and subpopulation analytics space that CliniQuantum targets.

TypeBroad incumbent
Description

Medidata (a Dassault Systèmes company) is the dominant clinical trial technology platform, offering trial design, patient stratification, and analytics used by most major pharma sponsors. It is a broad incumbent alternative to CliniQuantum's clinical trial data analysis and patient subpopulation identification capabilities.

TypeEmerging player
Description

Owkin applies AI to clinical research and trial optimization, including patient stratification and outcome prediction for pharma/biotech sponsors. It is an emerging peer with overlapping use cases in advanced analytics for clinical trial design and patient subpopulation analysis.

TypeDirect peer
Description

Xanadu builds quantum computing hardware and software, with a dedicated life sciences and drug discovery business applying quantum algorithms to pharma R&D. It directly parallels CliniQuantum's positioning as a quantum-algorithms-for-biotech platform serving pharmaceutical customers.

TypeBroad incumbent
Description

Quantinuum is a leading full-stack quantum computing company developing hardware, software, and algorithms with explicit life sciences and drug discovery applications. It is comparable to CliniQuantum as a much larger quantum platform pursuing pharmaceutical/biotech use cases, including molecular simulation and clinical research analytics.

TypeBroad incumbent
Description

IBM Quantum is a major quantum computing platform with explicit healthcare and life sciences initiatives, including partnerships applying quantum methods to drug discovery and clinical research. It is a broad incumbent whose quantum-for-healthcare roadmap competes for the same customer mindshare CliniQuantum targets.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CliniQuantum

Clinical Trial Analytics Softwarecliniquantum.com

CliniQuantum is an Israeli quantum technology company that offers a simulation platform for clinical trial data analysis using licensed quantum Monte Carlo methods, serving pharmaceutical, biotech, and healthcare research customers. It was acquired by NeuroThera Labs in 2026.

What CliniQuantum does

CliniQuantum is an Israel-based private technology company headquartered in Tel Aviv that has developed a quantum simulation platform aimed at clinical trial data analysis. The platform applies proprietary quantum Monte Carlo methods, accessed through an exclusive worldwide license from Quantum X Labs Ltd., to perform computational simulation and optimization of clinical trial datasets. The intended customer base comprises pharmaceutical and biotechnology companies and healthcare research institutions conducting or sponsoring clinical research.

The company's product surface consists of a single core platform rather than a multi-product portfolio, and there is no public evidence of a commercially launched, revenue-generating product as of the disclosed events. The underlying technology is quantum Monte Carlo computation rather than classical machine learning, positioning the offering as a computational simulation tool for trial design and analysis. No pricing model, contract structure, go-to-market channel, or commercial deployment milestones have been disclosed.

In June 2026, CliniQuantum was acquired by NeuroThera Labs Inc., a majority-owned subsidiary of SciSparc Ltd., for approximately 54% interest at a total consideration of roughly CAD$9.46 million plus up to US$2.5 million in earn-out. The acquisition followed a definitive agreement signed in March 2026 and was conditioned on TSX Venture Exchange and Israeli tax authority approvals. CliniQuantum continues to operate from Israel under the NeuroThera Labs umbrella, with its commercial trajectory now tied to SciSparc's broader strategic direction.

CliniQuantum firmographics

Firmographics
Name
CliniQuantum
Legal name
CliniQuantum Ltd.
Website
https://cliniquantum.com
Company type
Private
Operating status
Operating
Short description
CliniQuantum is an Israeli quantum technology company that offers a simulation platform for clinical trial data analysis using licensed quantum Monte Carlo methods, serving pharmaceutical, biotech, and healthcare research customers. It was acquired by NeuroThera Labs in 2026.
Ownership category
akta.pro rank

CliniQuantum industry classification

Industry
Product category
Clinical Trial Analytics Software
NAICS
Research and Development in Biotechnology (except Nanobiotechnology) (541714)
SIC
Services-Commercial Physical & Biological Research (8731)
akta.pro primary industry
Pharmaceutical & Biotech R&D Simulation (drug discovery, protein/ligand) (HDAGAEAB)
akta.pro secondary industry
Quantum Search & Sampling Algorithms (HDAGADAE)

Keywords

  • Quantum computing
  • Clinical trial analytics
  • Quantum simulation
  • Patient stratification
  • Drug discovery

Where CliniQuantum is headquartered

Location

Headquarters

HQ city
Tel Aviv
HQ country
Israel
HQ region
Middle East

Markets served

CliniQuantum business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations

CliniQuantum product offering

Product offering

Core offering

CliniQuantum provides a quantum simulation platform for clinical trial data analysis that uses proprietary quantum Monte Carlo sampling methods to identify patient subpopulations and hidden biological structures across molecular and patient data layers. The platform is built on an exclusive worldwide license from Quantum X Labs Ltd. for patented quantum Monte Carlo methods, enabling faster and more adaptive clinical studies with potentially fewer samples than traditional methods.

Product overview

CliniQuantum offers a single unified quantum simulation platform for clinical trial data analysis. The platform utilizes proprietary quantum Monte Carlo sampling methods under an exclusive worldwide license from Quantum X Labs Ltd. to identify hidden biological structures and non-linear dependencies across molecular and patient data layers, enabling pharmaceutical researchers to design more efficient clinical trials with potentially fewer samples required compared to traditional methods.

Differentiator

Problem solved

Functional benefit

Products and services

  • Quantum Simulation Platform for Clinical Trial Data Analysis

Quantifiable outcome

  • Potentially requires fewer samples than traditional clinical trial methods

Companies that use CliniQuantum

Customer profile

Segments2 records

Ideal customer profiles2 records

CliniQuantum technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

CliniQuantum partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Quantum X Labs Ltd.coreOEM/ Whitelabel/ Licensing Partner · 4 June 2026CliniQuantum holds an exclusive worldwide license agreement with Quantum X Labs Ltd. to patented quantum Monte Carlo methods for identifying patient subpopulations in clinical trials. This exclusive license is the key asset of CliniQuantum, enabling the development of its quantum simulation platform for clinical trial data analysis.
  • NeuroThera Labs Inc.coreStrategic or Co-development Partner · 4 June 2026NeuroThera Labs Inc., a majority-owned subsidiary of SciSparc Ltd., completed the acquisition of approximately 54% interest in CliniQuantum. The acquisition gives NeuroThera access to CliniQuantum's quantum computing platform designed to improve the efficiency of clinical trials through quantum simulation technology.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

CliniQuantum competitors and assessment

Company assessment

Emerging players

  • Multiverse Computing: Multiverse Computing applies quantum and quantum-inspired algorithms to verticals including life sciences and pharmaceuticals, with portfolio offerings in molecular simulation and clinical/research optimization. It is an emerging peer to CliniQuantum in the niche of applied quantum algorithms for biopharma.
  • Owkin: Owkin applies AI to clinical research and trial optimization, including patient stratification and outcome prediction for pharma/biotech sponsors. It is an emerging peer with overlapping use cases in advanced analytics for clinical trial design and patient subpopulation analysis.

Direct peers

  • TriNetX: TriNetX operates a global health research network that identifies patient subpopulations and feasibility cohorts for clinical trials using real-world data analytics. It is a direct functional peer to CliniQuantum's patient subpopulation identification and trial design offering.
  • Flatiron Health: Flatiron Health provides real-world clinical and molecular data analytics used to design and run oncology clinical trials, including patient cohort identification. It is a direct peer in the clinical trial data analysis and subpopulation analytics space that CliniQuantum targets.
  • Xanadu Quantum Technologies: Xanadu builds quantum computing hardware and software, with a dedicated life sciences and drug discovery business applying quantum algorithms to pharma R&D. It directly parallels CliniQuantum's positioning as a quantum-algorithms-for-biotech platform serving pharmaceutical customers.

Broad incumbents

  • Veeva Systems: Veeva is a leading cloud platform for the life sciences industry, providing clinical trial management, data, and analytics solutions used by global pharma. It is a broad incumbent that competes for the same pharma clinical operations budget that CliniQuantum would target.
  • PsiQuantum: PsiQuantum is a well-capitalized quantum computing company pursuing fault-tolerant quantum systems with life sciences among its target applications. It is a broad incumbent that overlaps with CliniQuantum at the intersection of quantum computing and pharmaceutical/biotech R&D.
  • Medidata Solutions: Medidata (a Dassault Systèmes company) is the dominant clinical trial technology platform, offering trial design, patient stratification, and analytics used by most major pharma sponsors. It is a broad incumbent alternative to CliniQuantum's clinical trial data analysis and patient subpopulation identification capabilities.
  • Quantinuum: Quantinuum is a leading full-stack quantum computing company developing hardware, software, and algorithms with explicit life sciences and drug discovery applications. It is comparable to CliniQuantum as a much larger quantum platform pursuing pharmaceutical/biotech use cases, including molecular simulation and clinical research analytics.
  • IBM Quantum: IBM Quantum is a major quantum computing platform with explicit healthcare and life sciences initiatives, including partnerships applying quantum methods to drug discovery and clinical research. It is a broad incumbent whose quantum-for-healthcare roadmap competes for the same customer mindshare CliniQuantum targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

CliniQuantum financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CliniQuantum leadership team

Management profile

Number of profiles

CliniQuantum funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CliniQuantum M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CliniQuantum

What does CliniQuantum do?

CliniQuantum provides a quantum simulation platform for clinical trial data analysis that uses proprietary quantum Monte Carlo sampling methods to identify patient subpopulations and hidden biological structures across molecular and patient data layers. The platform is built on an exclusive worldwide license from Quantum X Labs Ltd. for patented quantum Monte Carlo methods, enabling faster and more adaptive clinical studies with potentially fewer samples than traditional methods.

Is CliniQuantum a public or private company?

CliniQuantum is a private company. It is classified as corporate owned and is currently operating.

When was CliniQuantum founded?

CliniQuantum was founded in -1.

Where is CliniQuantum based?

CliniQuantum is headquartered in Tel Aviv, Israel, in the Middle East region.

Who are CliniQuantum's main competitors?

Emerging players on record are Multiverse Computing and Owkin. Direct peers are TriNetX, Flatiron Health and Xanadu Quantum Technologies. Broad incumbents are Veeva Systems, PsiQuantum, Medidata Solutions, Quantinuum and IBM Quantum.

Does CliniQuantum have an API?

No public API is recorded for CliniQuantum.

What industry is CliniQuantum in?

CliniQuantum's product category is Clinical Trial Analytics Software. Its primary akta.pro industry code is HDAGAEAB, Pharmaceutical & Biotech R&D Simulation (drug discovery, protein/ligand), with a secondary code of HDAGADAE, Quantum Search & Sampling Algorithms. Its NAICS code is 541714 and its SIC code is 8731.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
AInvestQuantum X Swings to Earnings in Q2 on Lower Financial CostsQuantum X Labs Inc. reported a second-quarter 2026 net income of $2.4 million, reversing a year-ago loss, driven primarily by a $3.8 million gain from the deconsolidation of CliniQuantum and reduced financial costs. Despite this profit, revenues declined 20.8% to $0.3 million due to browser technology changes affecting direct-model sales, while operating losses widened as R&D expenses surged following the acquisition of Quantum Israel.Quiver QuantitativeSciSparc Announces NeuroThera Labs Achieves Milestone in Quantum-Enabled Clinical Trial Data Analytics Platform | SPRC Stock NewsSciSparc Ltd. announced that its majority-owned subsidiary NeuroThera Labs achieved a technological milestone with its quantum sampling workflow platform, successfully demonstrating a complete end-to-end hybrid quantum-classical workflow for processing real-world clinical trial data. The platform, being advanced through CliniQuantum Ltd. (in which NeuroThera holds 54.01%), enables quantum-enhanced sampling for analyzing complex biomedical datasets through secure data ingestion, quantum-enabled processing, and generation of clinically interpretable insights. Looking ahead, NeuroThera plans to expand supported datasets, optimize quantum algorithms, and evaluate quantum computing's potential contribution to clinical research and precision medicine applications.NewMediaWireNeuroThera Labs Advances Its Quantum Platform for Clinical Data Analytics on a Platform of an S&P 500 CompanyNeuroThera Labs Inc. announced the validation of its proprietary quantum sampling workflow for clinical data analytics, developed and evaluated using an S&P 500 company platform for hybrid quantum-classical computing. The workflow converts continuous probability distributions into quantum-operable energy landscape representations using Quantum Markov Chain Monte Carlo techniques, preserving the statistical characteristics of the original data. The company is advancing this platform through CliniQuantum, a quantum-focused technology initiative in which it holds a 54.01% ownership stake.GlobeNewswireSciSparc: Subsidiary NeuroThera Labs Advances its Quantum Platform for Clinical Data Analytics on a Platform of an S&P 500 companySciSparc's majority-owned subsidiary NeuroThera Labs has successfully completed internal validation of a proprietary quantum sampling workflow platform for clinical trials data analysis. The validated workflow enables continuous probability distributions to be represented and analyzed within a quantum computing framework, developed using an S&P 500 company platform for hybrid quantum-classical computing. The validation represents an important step toward quantum-enabled analytical capabilities for healthcare, life sciences, and drug development, with the platform being advanced through CliniQuantum, in which NeuroThera holds a 54.01% ownership stake.GlobeNewswireQuantum X Labs Demonstrated a Complete End-to-End Quantum-Enabled Clinical Data Analysis Use Case by Using Real-World Clinical Information on a Quantum Computer SimulatorQuantum X Labs Inc. announced the successful demonstration of a complete end-to-end quantum-enabled clinical data analysis workflow using real-world clinical data processed through its quantum simulation environment. The demonstration confirms the company's CliniQuantum-operated platform can handle the full analytical lifecycle from secure data ingestion through quantum-based processing to biologically interpretable insights. The company plans to expand supported dataset scales, optimize quantum algorithms, and conduct performance studies to quantify quantum computing's value for clinical research and precision medicine applications.Stock TitanQuantum X Labs Runs Clinical Data Analysis on SimulatorQuantum X Labs Inc. announced the successful demonstration of a complete quantum-enabled clinical data analysis use case, processing real-world clinical data through an integrated workflow on a quantum computer simulator. The demonstration, executed by subsidiary CliniQuantum, validated the platform's ability to take clinical data through secure ingestion, quantum-based analytical processing, and generate biologically interpretable insights. The company plans to expand dataset scale, optimize quantum algorithms, and conduct performance studies to quantify quantum computing's value for clinical research and precision medicine applications.TradingViewNeuroThera Labs Advances its Quantum Platform for Clinical Data Analytics on a Platform of an S&P 500 companyNeuroThera Labs Inc., a clinical-stage biotech company, announced the successful internal validation of its proprietary quantum sampling workflow for clinical trials data analysis, enabling continuous probability distributions to be represented within a quantum computing framework. The validated workflow was developed using an S&P 500 company's hybrid quantum-classical computing platform and represents a key component of the company's broader computational architecture for large-scale clinical and biomedical datasets. The platform is being advanced through CliniQuantum, a quantum-focused initiative in which NeuroThera holds a 54.01% ownership stake.GlobeNewswireSciSparc: Subsidiary NeuroThera Labs Completed Acquisition of CliniQuantumSciSparc Ltd. announced that its majority-owned subsidiary NeuroThera Labs Inc. completed the acquisition of approximately 54% interest in CliniQuantum Ltd., issuing 56,600,000 NeuroThera common shares valued at approximately CAD$9.46 million as consideration. Additional earn-out payments of up to US$2.5 million may become payable based on milestones related to patent filings and fundraising over a three-year period following closing. CliniQuantum is an Israeli private technology company developing a quantum simulation platform for clinical trial data analysis, with its key asset being an exclusive license agreement with Quantum X Labs Ltd.Stock TitanSciSparc unit NeuroThera buys 54% of CliniQuantumNeuroThera Labs Inc., a majority-owned subsidiary of SciSparc Ltd., completed the acquisition of approximately 54% of CliniQuantum Ltd. for CAD $9.46 million in NeuroThera shares, with potential earn-out payments of up to US $2.5 million contingent on patent filings and fundraising milestones. CliniQuantum is a private Israeli technology company developing a quantum simulation platform for clinical trial data analysis, whose key asset is an exclusive license to certain patents from Quantum X Labs Ltd. covering quantum Monte Carlo sampling methods for clinical trials. The transaction was subject to TSX Venture Exchange review, which prompted an amendment to establish a minimum share issuance price of CAD $0.05.Pulse 2.0SciSparc Subsidiary NeuroThera Receives Conditional Approval for CliniQuantum AcquisitionSciSparc's subsidiary, NeuroThera Labs, has received conditional approval from the TSX Venture Exchange to acquire approximately 54% of CliniQuantum, an Israeli quantum computing firm focused on clinical data analysis. The acquisition involves about 56 million NeuroThera shares valued at roughly $9.46 million, subject to regulatory and final approval processes.