Market ExpansionQTRX will add a new ~$5B SAM in oncology/immunology and can leverage AKYA's tissue-based protein biomarkers for a planned, integrated solution to identify biomarkers across both tissue and blood samples.
Merger And AcquisitionShares of AKYA gained 14% following the news that it reached a definitive agreement to be acquired by Quanterix in an all-stock transaction.
Strategic ManagementAKYA's CEO, Brian McKelligon, plans to join the combined company, which is viewed positively given his expertise with AKYA's products and knowledge in oncology.