Quanterix

Quanterix

Ultra-sensitive biomarker detection technology

About Quanterix

Simplify's Rating
Why Quanterix is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Headquarters

Lexington, Kentucky

Founded

2007

Overview

Quanterix focuses on ultra-sensitive biomarker detection for early disease detection and monitoring in biotechnology and healthcare. Their main technology, Simoa, allows for the identification of biomarkers at very low levels, which is crucial for detecting diseases before symptoms appear. Quanterix serves clients like pharmaceutical companies and clinical labs, providing advanced imaging systems and assay development services. The company's goal is to enhance the accuracy of disease detection, ultimately improving patient outcomes.

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Simplify's Take

What believers are saying

  • Acquisition of EMISSION enhances Simoa platform, boosting multi-plex capabilities and OEM customer attraction.
  • Participation in J.P. Morgan Healthcare Conference could attract investors and partners for growth.
  • David R. Walt's National Medal recognition boosts Quanterix's credibility in expanding markets.

What critics are saying

  • Shareholder lawsuits and fraud investigations could damage Quanterix's reputation and financial standing.
  • Integration of Akoya Biosciences poses risks of operational disruptions if not managed well.
  • Decline in Akoya's instrument revenue may indicate market challenges affecting Quanterix post-acquisition.

What makes Quanterix unique

  • Quanterix's Simoa technology offers ultra-sensitive biomarker detection, crucial for early disease identification.
  • The company's focus on single-molecule analysis sets it apart in clinical diagnostics.
  • Quanterix's integration of Akoya's spatial biology solutions enhances its comprehensive biomarker analysis platform.

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Funding

Total Funding

$556.8M

Above

Industry Average

Funded Over

7 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

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 1%

2 year growth

↑ 2%
Quanterix
Apr 4th, 2025
AD/PD 2025 Day 4 Recap - April 4

Today's presentations at AD/PD 2025 underscored just how far Quanterix Corporation has come, and how far Quanterix Corporation still have to go, in leveraging blood-based biomarkers for Alzheimer's disease.

GlobeNewswire
Mar 17th, 2025
Akoya Reports Fourth Quarter Of 2024 And Full Year Financial Results

MARLBOROUGH, Mass., March 17, 2025 (GLOBE NEWSWIRE) -- Akoya Biosciences, Inc. (Nasdaq: AKYA) (“Akoya”), The Spatial Biology Company®, today announced its financial results for the fourth quarter and full year ending December 31, 2024. "Akoya navigated a challenging 2024 in the life science tools market, which was constrained by subdued capital equipment purchases, by successfully strengthening gross margins, reducing operating expenses and advancing our companion diagnostics programs throughout the year. We remain optimistic about the long-term growth outlook of Akoya’s leading spatial biology solutions," said Brian McKelligon, CEO of Akoya. "In 2024, Akoya achieved multiple milestones, including expanding our market-leading installed base to 1,330 instruments, launching our Manufacturing Center of Excellence to drive improvements in gross margins and the expansion of our content menu into new markets like neurobiology, and continued advancement of our clinical partnerships led by Acrivon and NeraCare." Fourth Quarter 2024 Financial Highlights Revenue was $21.3 million in the fourth quarter of 2024, compared to $26.5 million in the prior year period; a decrease of 19.4%. This topline revenue decrease was primarily due to a decline in instrument revenue.Gross margin was 67.4% in the fourth quarter of 2024, compared to 62.7% in the prior year period

Business Wire
Jan 11th, 2025
Quanterix to Acquire Akoya Biosciences, Creating the First Integrated Solution for Ultra-Sensitive Detection of Blood- and Tissue-Based Protein Biomarkers

Quanterix Corporation (NASDAQ: QTRX), a company fueling scientific discovery through ultra-sensitive biomarker detection, and Akoya Biosciences (NASDA

Investing.com
Jan 10th, 2025
Quanterix to acquire Akoya in all-stock deal

The definitive merger agreement was confirmed today, with Quanterix acquiring Akoya to combine their respective technological capabilities.

PR Newswire
Jan 8th, 2025
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Quanterix Corporation - QTRX

The investigation concerns whether Quanterix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

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