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Quanterix develops ultra-sensitive biomarker detection tools for healthcare and life sciences. Its Simoa (Single Molecule Array) platform detects extremely low levels of biomarkers to enable early disease detection and monitoring, supported by the SP-X imaging system, consumables, reagents, and assay development services. It serves pharmaceutical companies, academic labs, and clinical laboratories for drug development, diagnostics, and basic research across oncology, neurology, and cardiology. The goal is to advance digital health by enabling earlier and more reliable biomarker results to improve patient outcomes.
Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
IPO
Headquarters
Lexington, Kentucky
Founded
2007
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Total Funding
$556.8M
Above
Industry Average
Funded Over
12 Rounds
Quanterix reported fourth-quarter revenue of $43.9 million, up 25% year-on-year and 7% sequentially, driven by stronger-than-expected academic demand. The company holds approximately $122 million in cash and guided 2026 revenue of $169–174 million whilst targeting cash-flow break-even in the second half of 2026. New CEO Everett Cunningham outlined a diversification strategy, with roughly 60% neurology and 40% spatial biology, oncology and immunology. Management has implemented $74 million of an $85 million cost-synergy target. Quanterix's LucentAD diagnostic received a $897 CMS reimbursement rate. The company submitted a 510(k) application in January 2026, expecting approval by Q4 2026 following a six to nine-month review. Clinical utility study results are anticipated in H2 2026.
Quanterix Corporation reported fourth-quarter revenue of $43.9 million, up 25% year-over-year, exceeding expectations. Full-year 2025 revenue reached $138.9 million, a 1% increase from 2024. The biomarker detection company ended the quarter with $121.6 million in cash and equivalents. Fourth-quarter adjusted cash usage was $3.0 million, whilst full-year adjusted cash usage totalled $30.9 million. In January 2026, Quanterix submitted a 510(k) application to the FDA for its Alzheimer's disease blood test. The Centers for Medicare & Medicaid Services established a $897 reimbursement rate for its LucentAD Complete test. For 2026, the company expects revenue between $169 million and $174 million, with adjusted gross margin of 49% to 53%. Quanterix anticipates achieving cash flow breakeven in the second half of 2026.
Quanterix has been named a winner of the 2025 R&D 100 Awards in the Analytical/Test category for the Simoa(R) BD-Tau Advantage PLUS Assay.
Quanterix to present at the Canaccord Genuity 45th Annual Growth Conference.
Mergers and Acquisitions (MA): Quanterix (NASDAQ: QTRX) Acquires Akoya Biosciences, Inc. Mergers and Acquisitions (MA): Quanterix (NASDAQ: QTRX) Acquires Akoya Biosciences, Inc.Quanterix has announced the acquisition of Akoya Biosciences, Inc. According to the company announcement Quanterix Corporation is a Billerica, Massachusetts-based company focused on advancing scientific discovery through ultra-sensitive biomarker detection. The company’s core technology, Simoa, provides unparalleled sensitivity and flexibility for earlier biomarker detection in blood, serum, or plasma, enabling the quantification of proteins at extremely low levels. Quanterix offers industry-leading precision instruments, digital immunoassay technology, and a CLIA-certified Accelerator laboratory, supporting research in various therapeutic areas including neurology, oncology, immunology, cardiology, and infectious disease. With the recent acquisition of Akoya Biosciences, Quanterix aims to deliver comprehensive protein biomarker solutions by leveraging signatures in both blood and tissue, thereby expanding its served addressable market from $1 billion to $5 billion
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Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
IPO
Headquarters
Lexington, Kentucky
Founded
2007
Find jobs on Simplify and start your career today