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Quanterix Announces New Technology Evaluation Agreement
Novartis Diagnostics to Evaluate Quanterix’s Single Molecule Technology for Potential Diagnostic Applications
CAMBRIDGE, MA – February 22, 2011 –
Quanterix Corporation, enabling a new generation of diagnostic
tests based on revolutionary Single Molecule Array (SiMoA™)
technology, today announced that it has entered into an evaluation
agreement with Novartis Diagnostics on the potential use of
Quanterix’s SiMoA platform technology for diagnostic use.
The evaluation will be conducted at Quanterix and will focus on
an undisclosed neuron-specific protein target.
"We are excited to initiate this technology evaluation with
Novartis, one of the world’s leading healthcare companies,"
said David Okrongly, Ph.D., Quanterix President and Chief Executive
Officer. "This partnership is an important milestone for
Quanterix, and another step toward our goal to be the recognized
global leader in sensitive and precise detection technology.
Through this collaborative project, we hope to leverage the
1000-fold sensitivity improvement of SiMoA technology to develop
a novel class of valuable diagnostic tests that will provide greater
insight into disease and improve patient outcomes."
About Quanterix
Quanterix Corporation is developing its proprietary Single Molecule
Array (SiMoA™) technology for the in vitro diagnostics and
life science research markets. The digital nature of SiMoA yields
unprecedented assay performance, stemming from a 1,000-fold
improvement in sensitivity compared with today’s analog only
technology. SiMoA will enable researchers in life science to
validate novel, low abundance biomolecules from a single droplet
of blood, leading to greater insight into disease detection,
diagnosis, therapy selection and disease monitoring. Automated
systems based on SiMoA are being designed to provide diagnostic
test information to healthcare practitioners faster, with greater
reliability, unprecedented range and increased cost effectiveness.
Founded in 2007, the privately held Cambridge, Massachusetts-based
company is backed by leading life science investors including ARCH
Venture Partners, Bain Capital Ventures, and Flagship Ventures.
For additional information, please visit
www.quanterix.com.
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