Welcome to our dedicated page for Quanterix Corporation news (Ticker: QTRX), a resource for investors and traders seeking the latest updates and insights on Quanterix Corporation stock.
Quanterix Corporation (NASDAQ: QTRX) is a pioneering life sciences company renowned for its groundbreaking ultra-sensitive diagnostic platform. This innovative technology measures individual proteins at concentrations that are up to 1000 times lower than the best immunoassays available today.
At the core of Quanterix's offerings is the Single Molecule Array (Simoa™) technology, which enables the detection and quantification of biomarkers that were previously difficult or impossible to measure. This advancement opens up new applications in various fields, including life sciences research, in-vitro diagnostics, companion diagnostics, and blood screening.
Founded by the esteemed scientist Dr. David Walt, who also co-founded Illumina, Quanterix benefits from a robust intellectual property portfolio initially developed at Tufts University. The company is venture capital-backed and has exclusive licensing rights to this broad IP portfolio.
Quanterix's product lineup is diverse and includes:
- Simoa platform
- Assay Kits
- LDTs & Assay Services
- Simoa p-Tau 217
- Simoa NfL LDT
- Simoa p-Tau 181 LDT
- HD-X Automated Immunoassay Analyzer
- SR-X Biomarker Detection System
- SP-X Imaging and Analysis System
- Simoa Accelerator Laboratory
- Homebrew - Custom Assay Development
- Uman NF-Light
The Simoa bead-based and planar array platforms are designed to detect protein biomarkers in low concentrations in blood, serum, and other fluids, which are undetectable using conventional analog immunoassay technologies.
Quanterix continues to push the boundaries of precision health for life sciences research and diagnostics, tackling significant unmet needs and contributing meaningfully to the scientific community.
Quanterix Corporation (NASDAQ: QTRX) announced that its CEO, Masoud Toloue, will present at Cowen’s 43rd Annual Health Care Conference on March 7, 2023, at 9:50 a.m. EST. The conference occurs from March 6-8, 2023, at the Boston Marriott Copley Place. Quanterix will host one-on-one meetings with institutional investors during the event. The presentation will be available via live audio webcast, and replays will be accessible afterward on the company's investor relations page. Quanterix specializes in ultrasensitive biomarker detection through its Simoa® technology, contributing to advancements in various fields including neurology and oncology.
Quanterix Corporation (NASDAQ: QTRX) announced a conference call scheduled for March 6, 2023, at 8:30 AM Eastern Time to discuss its fourth quarter and full year 2022 financial results. The call will be led by Masoud Toloue, President and CEO, and Michael Doyle, CFO. A press release with detailed earnings information will precede the call, available on the Quanterix website. Quanterix specializes in ultrasensitive biomarker detection, leveraging its Simoa® technology for breakthroughs in various disease areas. The company has been a longstanding partner in scientific research, contributing to over 2,000 peer-reviewed journals.
NATICK, Mass. - Mercy BioAnalytics announced that Dawn Mattoon, PhD, has taken over as Chief Executive Officer, transitioning from her previous role as Chief Operating Officer. Paul Blavin has moved to the position of Vice Chairman of the Board. Dr. Mattoon, who has been with the company for seven months, praised the team's progress in advancing their cancer detection technology. Her experience includes leadership roles in strategic initiatives at companies like Quanterix and Thermo Fisher Scientific. The company focuses on the early detection of cancers, particularly ovarian and lung cancers, through its Mercy Halo liquid biopsy platform.
Quanterix Corporation (NASDAQ: QTRX) appointed Brian Blaser to its Board of Directors on January 6, 2023. With over 25 years in the in-vitro diagnostics field, including 15 years at Abbott Laboratories, Blaser's leadership experience enhances the board's expertise. He has a proven track record in launching diagnostic products and implementing growth strategies. CEO Masoud Toloue emphasized Blaser's operational excellence, which aligns with Quanterix’s future diagnostics initiatives. Blaser holds an MBA from the Rochester Institute of Technology and a Bachelor's in Mechanical Engineering Technology from the University of Dayton.
Quanterix Corporation (NASDAQ: QTRX) has announced the validation of a new CLIA blood test to quantitatively measure neurofilament light chain (NfL) levels in serum. This test aids in assessing neurodegenerative conditions and neuronal damage. NfL is a crucial biomarker for various neurological disorders, and the Simoa NfL test is widely recognized for its clinical relevance. The FDA previously granted Breakthrough Device designation for this test in relation to multiple sclerosis. This launch aims to enhance clinical diagnostics and support future therapeutic trials.
Quanterix Corporation (NASDAQ: QTRX) announced that CEO Masoud Toloue will present at the 41st Annual J.P. Morgan Healthcare Conference on Thursday, Jan. 12, 2023, at 12 p.m. PST. The presentation will be accessible to attendees and the public via a live audio webcast. Quanterix will also hold one-on-one meetings with institutional investors during the event. Replays of the webcast will be available for a limited time afterward. Quanterix specializes in ultrasensitive biomarker detection, enabling significant advancements in various disease research.
Quanterix Corporation (NASDAQ: QTRX) announced the role of its ultrasensitive Simoa technology in advancing clinical trials for Alzheimer’s disease (AD), presented at the 15th Clinical Trials on Alzheimer's Disease conference in San Francisco. Eisai and Biogen showcased Phase 3 trial results for lecanemab, highlighting biomarker engagement. Additional data from Eli Lilly and Janssen emphasized plasma biomarker utility. Quanterix aims to support future AD therapeutic trials with innovative testing tools, including FDA-designated Breakthrough Devices expected in 2023.
Quanterix Corporation (NASDAQ: QTRX) will participate in the 15th Clinical Trials on Alzheimer's Disease (CTAD) from November 29 to December 2, 2022, in San Francisco. CEO Masoud Toloue is set to present on the advantages of blood-based biomarkers such as pTau-181 and pTau-217 over traditional PET scans for clinical trial efficiency and patient monitoring. These biomarkers have shown promise in Phase III trials, facilitating the design of effective Alzheimer’s disease treatments. The conference aims to accelerate collaboration among leaders in Alzheimer’s research.
Quanterix Corporation (NASDAQ: QTRX) announced that President and CEO Masoud Toloue and CFO Michael Doyle will present at the CG MedTech, Diagnostics and Digital Health & Services Forum on November 17, 2022, at 4:30 p.m. EST in Boston, MA. They will engage in one-on-one and group meetings with institutional investors on the same day. A live webcast of the presentation will be available on Quanterix's Investor website, with replays accessible for 90 days. Quanterix specializes in ultrasensitive biomarker detection aimed at advancing research in various medical fields.
Quanterix Corporation (NASDAQ: QTRX) reported flat revenue of $26.6M for Q3 2022 compared to Q3 2021, up 13% from Q2 2022. Pro-forma gross margin was 35%, down 1470 bps year-over-year but up 670 bps quarter-over-quarter. The company is progressing in the Bio-Hermes trial and received funding from the Alzheimer’s Drug Discovery Foundation to advance Alzheimer's diagnostic tests. However, the restructuring has incurred significant charges, including $8.2M in goodwill impairment. Q3 net loss reached $35.1M, a substantial increase from $15.7M in Q3 2021.
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