Recent Updates
Recently added Catalysts
QTRX Positive Sentiment Score: 75/100

William P. Donnelly Appointed to Quanterix's Board of Directors Billerica, Mass.

Key Takeaway: Quanterix Corporation (NASDAQ: QTRX) has appointed William P. Donnelly to its Board of Directors. With over 21 years of experience in the life sciences tools sector, Donnelly previously held senior roles at Mettler-Toledo International Inc. and is expected to add considerable value as Quanterix expands its infrastructure for Alzheimer's diagnostic support. Both Donnelly and Quanterix's CEO expressed excitement about the company's potential for growth and innovation in blood biomarker technology.

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of William P. Donnelly is seen as a strategic advantage.
  • Donnelly brings extensive experience in life sciences and corporate governance.
  • Quanterix is poised for growth in the Alzheimer's diagnostic market.
  • The company's Simoa technology is on the forefront of biomarker detection.

Full Press Release Details

P. Donnelly Appointed to Quanterix's Board of Directors
Billerica, Mass. - August 21, 2023 - Quanterix Corporation
(NASDAQ: QTRX), a company fueling scientific discovery and breakthrough diagnostics through ultrasensitive biomarker detection, today
announced that it appointed William (Bill) P. Donnelly to its Board of Directors.
many years of senior leadership experience in the life science tools industry, including 21 years at Mettler-Toledo International Inc.,
where he was executive vice president and chief financial officer. While at Mettler-Toledo, he was responsible for finance, investor relations,
supply chain, and information technology. Over his tenure, he strategically oversaw the company from a leveraged buy-out to
an IPO and advised the company once it successfully went public. He brings to Quanterix a breadth of experience.
Mr. Donnelly received a
Bachelor of Science in business administration from John Carroll University, where he currently serves as a chairman on the Board of Trustees.
Mr. Donnelly also serves as lead independent director and chair of the nominating and corporate governance committee of Ingersoll
"We're excited about Bill joining us at a time when we're
building the global infrastructure to support physician diagnosis of Alzheimer's disease. Quanterix is rapidly driving the next
ten years of blood biomarker advancement in neurology, and Bill's experience in pursuit of our mission will be valuable,"
said Masoud Toloue, CEO at Quanterix.
"I'm eager to leverage
my experience to further Quanterix's business strategy and its next stage of growth," said Donnelly. "Quanterix is in
the midst of an active transformation, in an exciting market that is ripe for growth, continued discovery, and innovation. I'm looking
forward to joining the Quanterix team and getting started as a director."
more about Quanterix's Simoa technology, visit: https://www.quanterix.com/simoa-technology/.
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
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
Quanterix Media Contact:
Maya Nimnicht, PAN Communications
Investor Relations Contact:

Frequently Asked Questions

Who is the new member of Quanterix's Board of Directors?

Quanterix appointed William P. Donnelly to its Board of Directors.

What experience does Bill Donnelly bring to Quanterix?

Bill Donnelly has extensive leadership experience, including 21 years at Mettler-Toledo.

What role will Donnelly play at Quanterix?

He will help drive Quanterix's business strategy and support its growth phase.

What technology does Quanterix specialize in?

Quanterix specializes in ultrasensitive biomarker detection technology called Simoa.

How does Quanterix support scientific research?

Quanterix powers research with its technology, aiding studies published in over 2,000 journals.

Last updated: Aug 21, 2023