Quanterix Announces New Agreement to Advance Blood Based Alzheimer's Disease Detection

Rhea-AI Summary

Quanterix signs license agreement with Janssen to access p-Tau 217 antibodies for Alzheimer's Disease research and diagnostics. Quanterix will have worldwide rights to produce assay kits and launch a Laboratory Developed Test based on the antibodies.

Positive

• Quanterix strengthens its position in the Alzheimer's Disease biomarker field with access to p-Tau 217 antibodies
• The agreement allows Quanterix to produce Simoa p-Tau 217 assay kits for global distribution
• Quanterix will launch a Laboratory Developed Test based on the p-Tau 217 antibodies and assay

Negative

• None

Agreement provides Quanterix a license to extensively studied p-Tau 217 antibodies to enable global access to plasma-based testing for Alzheimer’s Disease research and diagnostics

BILLERICA, Mass.--(BUSINESS WIRE)-- Quanterix Corporation (NASDAQ: QTRX), a leading provider of ultra-sensitive research products and high-definition diagnostics, today announced the signing of a license agreement with Janssen Sciences Ireland UC (Janssen), a Johnson & Johnson (J&J) Company. Under this agreement, Quanterix will receive worldwide, non-exclusive rights to J&J’s extensively studied p-Tau 217 antibodies and assay designs for potential use in clinical research and diagnostic products, further strengthening Quanterix’s position at the forefront of the Alzheimer's Disease (AD) biomarker field.

Under the terms of the license agreement, Janssen will grant Quanterix a worldwide non-exclusive license for J&J-developed technology to produce Simoa p-Tau 217 research-use only (RUO) assay kits for global distribution. Furthermore, under the agreement Quanterix will launch a Laboratory Developed Test (LDT) based on the J&J p-Tau 217 antibodies and assay, offered through Accelerator under the Lucent Diagnostics brand. These advances mark a significant milestone for Quanterix's continued leadership in advancing Alzheimer's Disease diagnosis and treatment, providing a path for the first scalable immunoassay-based p-Tau 217 test to potentially become widely available to researchers and clinicians.

p-Tau 217 has emerged as a top performing biomarker for AD, enabling clinical sensitivity and specificity in blood¹. Highly sensitive and specific blood-based biomarker tests may improve diagnosis by expanding access to treatments for millions of individuals with early Alzheimer’s Disease, which is currently detected using positron emission tomography (PET) or lumbar puncture for CSF biomarkers. These methods are expensive, lack wide availability, and are invasive. There is growing consensus that high performing blood-based biomarker tests may be an appropriate alternative for patient care.

"This collaboration demonstrates the scientific advances that are possible when Simoa’s ultra-sensitive detection is combined with clinically validated antibodies and critical reagents,” said Masoud Toloue, CEO of Quanterix. “Providing access to high-performing blood-based p-Tau 217 assays are an important step as we work with several partners to build the global infrastructure for non-invasive testing of Alzheimer’s Disease.”

For more information about Quanterix’s work in neurology, visit: https://www.quanterix.com/therapeutic-areas/neurology/.

About Quanterix

From discovery to diagnostics, Quanterix’s ultrasensitive biomarker detection is fueling breakthroughs only made possible through its unparalleled sensitivity and flexibility. The Company’s Simoa® technology has delivered the gold standard for earlier biomarker detection in blood, serum or plasma, with the ability to quantify proteins that are far lower than the Limit of Quantification (LoQ) of conventional analog methods. Its industry-leading precision instruments, digital immunoassay technology and CLIA-certified Accelerator laboratory have supported research that advances disease understanding and management in neurology, oncology, immunology, cardiology and infectious disease. Quanterix has been a trusted partner of the scientific community for nearly two decades, powering research published in more than 2,000 peer-reviewed journals. Find additional information about the Billerica, Massachusetts-based company at https://www.quanterix.com or follow us on Twitter and LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Forward-looking statements in this news release are based on Quanterix’s expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Factors that may cause Quanterix’s actual results to differ from those expressed or implied in the forward-looking statements in this press release are discussed in Quanterix’s filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” sections contained therein. Except as required by law, Quanterix assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available.

¹Brum WS, Cullen NC, Janelidze S, et al. A two-step workflow based on plasma p-tau217 to screen for amyloid β positivity with further confirmatory testing only in uncertain cases. Nat Aging. 2023;3(9):1079-1090

View source version on businesswire.com: https://www.businesswire.com/news/home/20231023933278/en/

Media:

Maya Nimnicht, PAN Communications

(510) 334-6273

pan.quanterix@pancomm.com



Investor Relations:

Ed Joyce, Quanterix

(610) 306-9917

ir@quanterix.com

Source: Quanterix Corporation

FAQ

What is the license agreement between Quanterix and Janssen about?

The license agreement provides Quanterix with access to p-Tau 217 antibodies for Alzheimer's Disease research and diagnostics.

What will Quanterix be able to do under the license agreement?

Quanterix will have worldwide rights to produce Simoa p-Tau 217 assay kits and launch a Laboratory Developed Test based on the p-Tau 217 antibodies.

Why is p-Tau 217 significant for Alzheimer's Disease?

p-Tau 217 has emerged as a top performing biomarker for Alzheimer's Disease, enabling clinical sensitivity and specificity in blood.

What are the benefits of blood-based biomarker tests for Alzheimer's Disease?

Highly sensitive and specific blood-based biomarker tests may improve diagnosis by providing a non-invasive alternative to current methods like PET or lumbar puncture.