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Stock impact report

Smartkem Reports Fourth Quarter and Full Year 2023 Financial Results

SMARTKEM INC (SMTK) 
Company Research Source: PR Newswire
MANCHESTER, England, March 28, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK), the developer of a new class of semiconductor polymer transistors that have the capability of powering the next generation of displays, today provides a business update and reports financial results for the fourth quarter and full year ended December 31, 2023.Recent Business HighlightsDuring and since 2023, Smartkem:Commenced a project with RiTdisplay, with whom it entered into a joint development agreement in 2021, to develop the world's first commercially ready active-matrix OLED (AMOLED) display using OTFT technology. This new project is funded by Innovate UK (part of UK Research and Innovation (UKRI)), as part of the Taiwan-UK Research & Development Collaboration.Entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan.Began collaborating with FlexiIC to develop low-cost, rapid turnaround custom circuits using OTFT technology.Entered into a joint Show less Read more
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