Quanterix Adds Former Millipore CEO as Chair
Cambridge, MA-based Quanterix is announcing today that Martin Madaus, the former CEO of Billerica, MA-based Millipore, has joined the startup’s board as executive chairman. Millipore, a giant supplier of diagnostics and lab equipment to biotech companies, was acquired by Germany-based Merck KGaA for about $7 billion in July. By joining Quanterix, he’s getting on board with a startup seeking to develop much more sensitive diagnostics that aims to spot disease earlier, and help doctors improve how they monitor the progression of disease. “This is a game changing technology,” Madaus said in a statement.