Quantum Genesis AI Corp. (OTC: QGAI) issued a press release on May 19, 2026, to clarify certain disclosures related to its research activities and intellectual property. The company, which focuses on enzyme engineering, molecular modeling, and biocatalysis, emphasized that Quantumzyme LLP, an entity based in Bengaluru, India, is not a subsidiary or affiliate of Quantum Genesis AI. This clarification follows prior press releases on November 5, 2025, and February 12, 2026, which referenced scientific publications in the company's broader field.
The publications identified Quantumzyme LLP and reflected the affiliations of contributing researchers at the time the research was conducted. Quantum Genesis AI sought to distinguish itself from Quantumzyme LLP and provide context regarding intellectual property rights transferred to the company under an Asset Purchase Agreement dated February 21, 2023, and a subsequent confirmatory assignment filed on April 29, 2026. The company believes that the asset purchase transferred underlying technology, methodologies, computational approaches, know-how, and related intellectual property associated with its core business.
Chief Executive Officer Naveen Kulkarni transferred certain intellectual property and related rights to the company under the agreement. To the extent research activities conducted by Mr. Kulkarni, whether directly or through Quantumzyme LLP, relate to the company's core field and are based on the transferred technology, Quantum Genesis AI believes such intellectual property falls within the scope of the rights transferred. The company stated that its prior disclosures regarding scientific publications were made based on its ownership of the relevant intellectual property.
This announcement is important for investors and stakeholders as it clarifies the boundaries of the company's intellectual property and research activities, potentially impacting perceptions of the company's technology assets and future developments. For further information, visit www.qgaicorp.com and the company's profile at www.otcmarkets.com/stock/QGAI.
