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Thursday, June 27, 2019

Quanterix scoops up Uman Diagnostics for $22.5M

Quanterix (NASDAQ:QTRXagrees to acquire privately held Uman Diagnostics for $22.5M, comprised of $16M in cash and $6.5M in Quanterix shares
Uman possess antibodies to measure neurofilament light (Nf-L), and the acquisition positions Quanterix to capitalize opportunities with Nf-L applications in Alzheimer’s Disease, Multiple Sclerosis, and other neuro-degenerative conditions
The transaction is expected to provide 200 bps of annualized company gross margin improvement.

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