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Quanterix - QTRX STOCK NEWS

Welcome to our dedicated page for Quanterix news (Ticker: QTRX), a resource for investors and traders seeking the latest updates and insights on Quanterix 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.

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Quanterix Corporation (NASDAQ: QTRX) has received multiple awards in the 2021 Best Places to Work Awards by Comparably, highlighting its commitment to a diverse and inclusive workplace. The company was recognized in five categories: Best Company for Diversity, Best Company for Women, Best Company Culture, Best Company Happiness, and Best Company Compensation. The awards were based on over 1,000 employee ratings. CEO Kevin Hrusovsky emphasized the importance of fostering an environment where all employees feel valued and empowered.

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Quanterix Corporation (NASDAQ: QTRX) announced it will release its fourth quarter 2021 financial results on March 1, 2022, prior to market opening. A conference call hosted by CEO Kevin Hrusovsky will take place at 8:30 a.m. EST to discuss the results and provide a business update. Interested parties can participate via phone or listen to a live webcast. Quanterix focuses on digitizing biomarker analysis to enhance precision health, aiming for early disease detection and improved treatments.

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Quanterix Corporation (NASDAQ: QTRX) announced that its Chairman and CEO, Kevin Hrusovsky, will present virtually at the SVB Leerink Global Healthcare Conference on February 16 at 4:20 PM EST. A live webcast will be accessible via the company's investor relations website, with on-demand replays available for 90 days post-conference. Hrusovsky will also hold virtual one-on-one meetings with institutional investors on February 18. Quanterix focuses on digitizing biomarker analysis to enhance precision health, with applications in oncology, neurology, and more.

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Quanterix Corporation (NASDAQ: QTRX) announced its Simoa® technology is advancing neurodegenerative disease research at the UK Dementia Research Institute's Biomarker Factory. Led by Professor Henrik Zetterberg, this initiative aims to enhance early detection of Alzheimer’s and related diseases through ultrasensitive biomarker testing. The UK DRI is collaborating with Quanterix to develop next-generation Simoa technology, which offers a potential 100x improvement in sensitivity. This progress may lead to earlier diagnosis and more effective treatment options for Alzheimer’s.

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Quanterix Corporation (NASDAQ: QTRX) announced that its Simoa® technology has played a significant role in a study published in Science, revealing a strong link between the Epstein-Barr virus (EBV) and multiple sclerosis (MS). The study indicates that EBV infection increases MS risk by 32-fold and correlates with elevated levels of neurofilament light (NfL) protein, suggesting EBV's involvement in nerve damage. This research could enhance early detection and treatment of MS, affecting millions globally.

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Quanterix Corporation (NASDAQ: QTRX) reported expected Q4 2021 revenue between $29-31 million and full-year revenue between $109-111 million. Noteworthy Q4 growth includes product and service revenue expected at $28-30 million, representing 35% growth year-over-year. For the full year, product revenue is projected at $80-82 million, an 84% increase. The company is advancing precision health with its biomarker detection technology, receiving FDA Breakthrough Device Designation for its Alzheimer’s test.

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Quanterix Corporation (NASDAQ: QTRX) announced that its Chairman and CEO, Kevin Hrusovsky, will present at the 40th Annual J.P. Morgan Healthcare Conference on Thursday, January 13, 2022, at 8:15 a.m. EST. This marks Hrusovsky's sixth consecutive year presenting at the conference, where he will discuss the company's growth and vision. Additionally, he will host one-on-one meetings with institutional investors. Investors can access the live webcast of the presentation at Quanterix's conference webpage. The company's technology aims to enhance precision health through advanced biomarker analysis.

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Quanterix Corporation (NASDAQ: QTRX) announced advancements in Alzheimer's disease clinical trials utilizing its ultra-sensitive Simoa® technology. Findings presented at the CTAD conference from November 9-12, 2021, underscored the importance of plasma biomarkers like pTau-181 and pTau-217 in early-stage patient trials, enhancing enrollment efficiency. Biogen and Eli Lilly showcased significant correlations between plasma biomarker reductions and cognitive decline in their studies. Additionally, Simoa's pTau-181 assay received FDA Breakthrough Device Designation, marking a notable achievement for Quanterix.

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Quanterix Corporation (NASDAQ: QTRX) will participate in a virtual fireside chat at the Canaccord Genuity Virtual MedTech, Diagnostics and Digital Health & Services Forum on Nov. 18 at 8:30 a.m. EST. Executives including CEO Kevin Hrusovsky and CFO Mike Doyle will discuss advancements in biomarker analysis for precision health. A live webcast will be available on their investor relations site, with replays for 90 days post-event. Quanterix's Simoa technology aims to enhance early disease detection and improve patient care across several therapeutic areas.

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FAQ

What is the current stock price of Quanterix (QTRX)?

The current stock price of Quanterix (QTRX) is $7.55 as of February 21, 2025.

What is the market cap of Quanterix (QTRX)?

The market cap of Quanterix (QTRX) is approximately 375.9M.

What is the core technology of Quanterix Corporation?

The core technology of Quanterix Corporation is Single Molecule Array (Simoa™) technology, which enables ultra-sensitive detection and quantification of protein biomarkers.

What are some applications of Quanterix's technology?

Quanterix's technology is used in life sciences research, in-vitro diagnostics, companion diagnostics, and blood screening.

Who founded Quanterix Corporation?

Quanterix Corporation was founded by Dr. David Walt, who also co-founded Illumina.

What product platforms does Quanterix offer?

Quanterix offers the Simoa platform, Assay Kits, LDTs & Assay Services, HD-X Automated Immunoassay Analyzer, SR-X Biomarker Detection System, and more.

What makes Quanterix's diagnostic platform unique?

Quanterix's diagnostic platform is unique for its ability to measure individual proteins at concentrations 1000 times lower than conventional immunoassays.

Is Quanterix publicly traded?

Yes, Quanterix Corporation is publicly traded on NASDAQ under the symbol QTRX.

What significant achievements has Quanterix made recently?

Quanterix has significantly advanced precision health by developing platforms that allow for ultra-sensitive detection of biomarkers.

What fluids can Quanterix's platforms detect biomarkers in?

Quanterix's platforms can detect biomarkers in blood, serum, and other fluids.

Does Quanterix offer custom assay development?

Yes, Quanterix offers Homebrew - Custom Assay Development services.

What is the Simoa Accelerator Laboratory?

The Simoa Accelerator Laboratory is a facility provided by Quanterix for advanced biomarker detection and research.
Quanterix

Nasdaq:QTRX

QTRX Rankings

QTRX Stock Data

375.88M
43.94M
6.54%
88.53%
5.17%
Medical Devices
Laboratory Analytical Instruments
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