Quanterix Corporation.
QTRX.US | Manufacture of medical and dental instruments and supplies
Quanterix Corporation is a life sciences company that develops and commercializes digital immunoassay platforms. Its Simoa technology enables the detection of biomarkers at ultra-sensitive levels, allowing for early disease detection, improved diagnostics, and personalized medicine. The company's pr...Show More
Better Health for All
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No evidence available to assess Quanterix Corporation on Better Health for All.
Fair Money & Economic Opportunity
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Quanterix Corporation is a life sciences company focused on developing and commercializing digital immunoassay platforms, not a financial institution. Its core business involves the development, manufacturing, and sale of specialized medical and diagnostic equipment and related reagents. Therefore, the company does not offer lending, deposit, or other financial services to consumers, nor does it manage customer financial data or operate financial service access points. While the company offers an Employee Stock Purchase Program (ESPP), a 401k company match, tuition reimbursement, and financial well-being resources to its employees, these are internal employee benefits and do not constitute customer-facing financial products or services relevant to the 'Fair Money & Economic Opportunity' value.
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Fair Pay & Worker Respect
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For the 2023 fiscal year, the CEO's compensation ratio was 41:1 compared to the median employee compensation.
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Employee engagement, based on Glassdoor reviews, averages 2.7 out of 5 stars, which is 23% below the industry average.
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While Comparably reviews indicate 98% positive feedback and the company received several 'Best Company' awards from Comparably in 2021 and 2022, other Comparably data notes lower feedback from female employees and those with 3-6 years of experience.
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Fair Trade & Ethical Sourcing
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No specific, concrete evidence regarding Quanterix Corporation's (QTRX.US) fair trade and ethical sourcing practices, such as certifications, audit frequencies, incidents of forced/child labor, supply chain traceability, remediation speed, ethical clause coverage in contracts, materials risk index, or supplier diversity spend, was found in the provided articles.
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Information in pertains to a different company (Cocoa Supply) and is not relevant to QTRX.US.
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Honest & Fair Business
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Quanterix Corporation has a formal whistleblower policy that includes a confidential and anonymous hotline, accessible via email, phone, and website.
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This hotline was established as an SEC requirement for handling complaints related to accounting, internal accounting controls, or auditing matters.
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However, the provided evidence does not include details on independent investigation processes, training, or the overall effectiveness of the program.
Kind to Animals
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Quanterix Corporation explicitly states on its website that it uses animal models, specifically rats, for product testing in medical analysis and clinical research, indicating a policy that allows for animal exploitation.
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While their Simoa technology is noted to support preclinical and clinical research while reducing animal use,
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this is a technological benefit rather than a formal policy prohibiting or significantly restricting animal testing. The company's Simoa technology enables precise measurement of NfL in minimal sample volumes, which supports preclinical and clinical research while reducing animal use,
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indicating that alternative methods are in routine use for internal safety screens.
No War, No Weapons
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No evidence available to assess Quanterix Corporation on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess Quanterix Corporation on Planet-Friendly Business.
Respect for Cultures & Communities
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No evidence available to assess Quanterix Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess Quanterix Corporation on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Based on the provided articles, there is insufficient evidence to assess Quanterix's alignment with the Zero Waste & Sustainable Products value. The articles primarily focus on general sustainability initiatives, safety data sheets, and ESG risk ratings, but lack specific data on waste diversion rates, product recyclability, packaging sustainability, or other relevant metrics.
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Without quantitative data or documented sustainability commitments related to waste reduction, no meaningful assessment can be made. The company's business model has a neutral relationship with this value, with a medium level of materiality due to the potential for improvements in packaging and reagent waste reduction.