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Quanterix

Digital biomarker detection technology and assays

Overview

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.

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About Quanterix

Simplify's Rating
Why Quanterix is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

BiotechnologyHealthcare

Company Size

501-1,000

Company Stage

IPO

Headquarters

Lexington, Kentucky

Founded

2007

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Simplify's Take

What believers are saying

  • August 2026 leadership hires strengthened commercial, finance, diagnostics, and medical execution.
  • September 2026 PhenoCode 2.0 and TIME panels shipped or entered Q4 delivery.
  • January 2026 FDA 510(k) filing for Alzheimer’s blood test advances diagnostic commercialization.

What critics are saying

  • August 2026 revenue guidance fell to $142 million-$148 million after Q2 execution misses.
  • Quanterix faces Fujirebio’s Delaware patent suit, which threatens diagnostics launch timing and margins.
  • Academic and pharmaceutical weakness plus 2027 cash breakeven pushes create existential financing pressure.

What makes Quanterix unique

  • Simoa detects ultra-low biomarkers in blood, anchored by 2026 Alzheimer’s and neuroscience workflows.
  • Akoya’s spatial biology adds tissue single-cell context, creating a blood-to-tissue measurement stack.
  • CLIA, GCLP, and ISO 15189 labs accelerate assay translation from discovery into diagnostics.

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Funding

Total Funding

$556.8M

Above

Industry Average

Funded Over

12 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

0%
Taylor & Francis
Oct 14th, 2026
Innovita secures NMPA approval for Quanterix's biomarker testing technology in China.

Innovita secures NMPA approval for Quanterix's biomarker testing technology in China. 14 Oct 2026 Chinese regulators have approved ultra-sensitive blood-based biomarker testing technology that could enable earlier detection and monitoring of Alzheimer's disease. China's National Medical Products Administration (NMPA) has granted Innovita (Beijing, China) approval for Quanterix's (MA, USA) HD-X and SR-X instruments, along with testing kits for four neurological biomarkers: p-Tau 217, GFAP, p-Tau 181 and NfL. The arrangement combines Quanterix's SIMOA(R)(Single Molecule Array) ultra-sensitive detection technology with Innovita's regulatory capabilities and commercial infrastructure in China, establishing what the companies describe as a broader neurology biomarker portfolio for the Chinese market. The four approved biomarkers provide complementary information on Alzheimer's pathology, neurodegeneration and neuroinflammation, offering insights into early screening, disease monitoring and prognosis. Quanterix's SIMOA(R) technology uses digital immunoassay methods to quantify proteins at the single-molecule level in blood, serum and plasma, detecting biomarkers at concentrations far below traditional limits of quantification. This ultra-sensitive approach is designed specifically to overcome the challenge of measuring low-abundance proteins that conventional immunoassays struggle to identify. The expanding neurology biomarker portfolio includes markers associated with multiple aspects of Alzheimer's disease biology, enabling multi-analyte testing approaches that may offer more comprehensive disease assessment than just biomarkers. "Alzheimer's disease can progress quietly for years - too often, families only get answers after symptoms have progressed and drastically changed their lives. By partnering with Quanterix, we're bringing ultra-sensitive blood-based biomarker testing to China, supporting earlier, more informed clinical decision-making and expanding access to advanced diagnostics for patients and communities who need it most," explained Xiujie Zhang, Chief Executive Officer of Innovita. Innovita plans to submit additional regulatory applications for further Quanterix biomarker diagnostic kits in China, with the aim of integrating SIMOA(R)-powered testing into routine clinical practice. Other long-term aims include expanding beyond Alzheimer's disease into other neurodegenerative conditions and infectious diseases. "Our commercialization arrangement with Innovita is a critical step toward expanding access to ultra-sensitive protein biomarker testing globally and underscores the momentum of our strategy to bring SIMOA(R)-powered diagnostics into large, high-impact IVD markets through strong regional partners," concluded Everett Cunningham, Quanterix Chief Executive Officer.

MarketScreener
Sep 25th, 2026
Quanterix Corporation launches PhenoCode 2.0 molecular barcoding kit, confirms TIME and high-plex ADC panels for Fourth Quarter shipment, and opens custom ADC panel development.

Quanterix Corporation launches PhenoCode 2.0 molecular barcoding kit, confirms TIME and high-plex ADC panels for Fourth Quarter shipment, and opens custom ADC panel development. Published on 09/25/2026 at 09:21 am EDT S&P Capital IQ Quanterix Corporation reported significant progress on the Content Innovation Engine it introduced at the American Association for Cancer Research (AACR) Annual Meeting 2026, highlighting new updates at the European Society for Spatial Biology (ESSB)September 28-October 1, 2026. Built on the integration of Akoya Biosciences' spatial biology platform and Quanterix's decades of ultra-sensitive, quantitative immunoassay development from the SIMOA(R) technology,the Content Innovation Engine is organized around the hallmarks of cancer framework, giving researchers a systematic, biology-first approach to revealing more from every tissue section. It is supported by the end-to-end capabilities spatial biologists need to advance beyond discovery: world-class spatial instrumentation, assay design and reagent formulation expertise, quality systems, and manufacturing scale to support measurements that meet the requirements of translational and clinical applications. Three programs previewed at AACR have since progressed, one now shipped and two confirmed for delivery in Fourth Quarter 2026, underscoring the pace at which Quanterix is executing against this roadmap. Built on PhenoCode? 2.0 chemistry, the kit has advanced from its early access phase to full commercial release. The kit enables researchers to barcode virtually any antibody with high reliability and yield, extending established panels into applications spanning immuno-oncology, neuroscience, and other research areas without adding workflow complexity. The tertiary lymphoid structure content previewed at AACR as part of the IO60 Spike-In Module has been developed into the TIME panel, a name that reflects its expanded capability to resolve the Tumor Immune Microenvironment in its entirety rather than TLS architecture alone. As a PhenoCycler(R)-Fusion spike-in module compatible with the PhenoCode Discovery IO60 panel, it is on track to ship in the fourth quarter of 2026. Also a PhenoCycler-Fusion spike-in module compatible with IO60, this panel enables co-measurement of ADC target expression alongside tumor immune contexture within a single tissue section, directly addressing the field's growing demand for combination biology readouts at the ADC-immunotherapy interface. Shipment is confirmed for the fourth quarter of 2026. Since introducing a breast cancer ADC panel on PhenoImager HT at AACR 2025 and two NSCLC ADC panels at AACR 2026, the Quanterix Accelerator Laboratory has established a proven track record delivering ADC combination biology as a fully managed service across three panels and two indications. The Accelerator Laboratory is now accepting requests for custom ADC panel development: biopharma and translational teams define the indication, tissue type and marker set, and the Accelerator team designs, optimizes and validates the panel to their specification. Custom ADC development is part of the Quanterix Accelerator Laboratory's fully managed tissue biomarker services, which spans the path from discovery to the clinic. The lab uses PhenoCycler-Fusion for high-plex biomarker discovery and tumor microenvironment characterization. It then translates the most informative markers into targeted, high-throughput PhenoImager HT panels for large-cohort and clinical trial sample testing. Assays follow a tiered validation approach, from research use through the analytical validation expected of clinical trial assays. The work is performed in a laboratory operating under CLIA, GCLP, and ISO 15189 quality frameworks, supported by dedicated histology, pathology, quality assurance, and project management teams. (C) S&P Capital IQ - 2026

Boston Cambridge Biotech Networks
Sep 25th, 2026
Quanterix delivers on Spatial Biology Content Innovation commitments at ESSB 2026.

Quanterix delivers on Spatial Biology Content Innovation commitments at ESSB 2026. BILLERICA, Mass.-(BUSINESS WIRE)-Quanterix Corporation (NASDAQ: QTRX) today reported significant progress on the Content Innovation Engine it introduced at the American Association for Cancer Research (AACR) Annual Meeting 2026, highlighting new updates at the European Society for Spatial Biology (ESSB) September 28-October 1, 2026. This progress underscores Quanterix's growing leadership in spatial biology content, delivering the assays researchers need to do more pivotal work. Built on the Click here to view original post

Yahoo Finance
Sep 14th, 2026
Quanterix appoints Dr Yuri Fesko as chief medical officer ahead of Alzheimer's test launch

Quanterix Corporation has appointed Dr Yuri Fesko as Chief Medical Officer. He will provide medical and clinical leadership across the company, working with diagnostics, scientific, R&D, regulatory, and commercial teams to advance Quanterix's technologies and applications. The appointment comes as Quanterix prepares for the broader market launch of its Lucent AD Complete five-biomarker test for Alzheimer's disease and advances the IVD filing for its HD-X instrument. Dr Fesko previously served as Chief Medical Officer at Quest Diagnostics, where he oversaw medical affairs, clinical development, analytics, and public health. He brings expertise in precision medicine strategies for advanced diagnostics, particularly in oncology, metabolic disease, neurology, and consumer health. He will be based at Quanterix's Billerica, Massachusetts headquarters.

Citybiz
Sep 14th, 2026
Quanterix names yuri Fesko chief medical officer as diagnostics business expands.

Quanterix names yuri Fesko chief medical officer as diagnostics business expands. September 14, 2026 Dr. Yuri Fesko Quanterix Corporation has appointed Dr. Yuri Fesko chief medical officer, adding an experienced diagnostics executive as the company prepares for a broader market launch of its Lucent AD(R) Complete Alzheimer's disease test and advances regulatory work for its HD-X instrument. Fesko will provide medical and clinical leadership across the Nasdaq-listed precision biomarker company, working with its Diagnostics, Scientific, R&D, Regulatory and Commercial teams. He will be based at Quanterix's headquarters in Billerica, Massachusetts. The newly created role comes as Quanterix works to expand its diagnostics business and move more of its biomarker technologies into clinical applications. President and CEO Everett Cunningham said Fesko's background in clinical affairs and precision medicine will support both the commercialization of Lucent AD Complete and the company's planned IVD filing for HD-X. "As we prepare for the broader market launch of our Lucent AD Complete five biomarker test for Alzheimer's Disease, we welcome Dr. Yuri Fesko to Quanterix in an important new role to support our efforts to efficiently scale our expansion in diagnostics," Cunningham said. Fesko most recently served as chief medical officer at Quest Diagnostics, where he oversaw Medical Affairs, Clinical Development, Analytics and Public Health. He also served as the medical lead supporting the company's Quality and Regulatory functions and provided senior medical leadership for pathology and dermatopathology. His experience spans the development and implementation of precision medicine strategies in oncology, metabolic disease, neurology and consumer health. He has worked with health systems, pharmaceutical and biotechnology companies, and physician organizations to integrate precision diagnostics into clinical practice and clinical trials. Fesko also brings experience supporting FDA submissions, clinical development programs, companion diagnostic strategies and reimbursement planning. Those capabilities are relevant as Quanterix works to translate its biomarker research technologies into regulated diagnostic products and expand their use in clinical settings. One immediate priority is Lucent AD Complete, Quanterix's five-biomarker blood test for Alzheimer's disease. The company is preparing for a broader market launch of the test while simultaneously advancing the IVD regulatory filing for its HD-X instrument, making medical, regulatory and commercialization coordination a central part of Fesko's mandate. Cunningham said Fesko's ability to work across medicine, diagnostics, analytics and business strategy will support the company's efforts to build its Diagnostics business and broaden the clinical applications of its technology. Quanterix develops precision biomarker technologies designed to detect and quantify biological markers at very low concentrations. Its Simoa(R) platform provides high-sensitivity biomarker measurement in blood and other fluids, supporting applications across disease research, diagnostics and drug development. The company's technology portfolio has also expanded through its acquisition of Akoya Biosciences. Quanterix Spatial solutions provide high-plex quantitative protein analysis in tissue at single-cell resolution, adding spatial biology capabilities alongside its existing fluid biomarker technologies. Quanterix also operates Accelerator Laboratory services, providing researchers with additional capabilities for moving biomarker discoveries toward diagnostic applications. Together, those businesses give the company a platform spanning biomarker measurement, spatial analysis and laboratory services as it increases its focus on precision diagnostics. Fesko earned both his bachelor's degree and Doctor of Medicine from Case Western Reserve University and completed a fellowship at University Hospitals of Cleveland. He is board-certified in internal medicine, hematology and medical oncology. His appointment adds senior clinical leadership at a point when Quanterix is managing both product commercialization and regulatory execution. As the company expands beyond research applications, Fesko will help coordinate the medical evidence, regulatory strategy and clinical adoption required to move its biomarker technologies more broadly into diagnostic workflows.

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