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Akoya Biosciences Inc's Business Segments
Akoya Biosciences Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2025
Reportable Segments
1
Largest Segment
Single reportable segment
Total Revenue
$ 16
Regions Reported
3
Revenue Share by Reportable Segment - Q1 FY2025
- Single reportable segment0%
Revenue by Reportable Segment - Q1 FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Single reportable segment | $ 17 | - |
Revenue Share by Region - Q1 FY2025
- North America63.9%
- EMEA24.7%
- Asia Pacific16.3%
Revenue by Geographic Region - Q1 FY2025
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| North America | $ 10 | 63.9% |
| EMEA | $ 4 | 24.7% |
| Asia Pacific | $ 3 | 16.3% |
Revenue by Product & Service Category - Q1 FY2025
- Product75.8%
- Consumables43.8%
- Instruments31.7%
- Service29%
- Instrument Warranty18%
- Service and Other11%
- Standalone Software Products0.4%
Revenue by Product & Service Category - Q1 FY2025
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 12 | 75.8% |
| Consumables | $ 7 | 43.8% |
| Instruments | $ 5 | 31.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Akoya Biosciences Inc
Akoya Biosciences Inc is a leading life sciences company that specializes in developing and commercializing cutting-edge spatial biology solutions. They aim to empower researchers and scientists by providing them with the tools and technology necessary to deeply understand complex biological systems and diseases at a cellular level.
The company was founded in 2015 and is headquartered in Marlborough, Massachusetts. They have a team of highly skilled scientists, engineers, and experts who are dedicated to revolutionizing the field of spatial biology through their innovative platforms and solutions. Akoya Biosciences' ultimate goal is to accelerate the discovery and development of new therapies, enhance personalized medicine, and improve patient outcomes.
One of Akoya Biosciences' flagship products is the CODEX (CO-Detection by indEXing) system, which is an advanced imaging and analysis platform that enables highly multiplexed imaging of tissues at a single-cell level. This system relies on proprietary reagents and imaging algorithms to spatially map multiple protein markers and gene expression profiles within a tissue sample simultaneously. This capability allows researchers to gain a comprehensive understanding of the cellular composition, interactions, and functional states within a biological context, which was previously difficult to achieve with traditional methods.
Akoya Biosciences also offers a range of high-quality, validated antibodies and assays that are specifically designed for use with their CODEX system. These antibodies are carefully selected and optimized to provide exceptional specificity, sensitivity, and multiplexing capabilities, ensuring accurate and reliable data acquisition and analysis.
Moreover, Akoya Biosciences offers comprehensive software packages, including the inForm software, which provides powerful image analysis and visualization tools to extract quantitative data from high-dimensional multiplexed images. The software enables users to segment cells, identify protein markers, quantify expression levels, and perform downstream data analysis and interpretation. This integrated hardware and software approach ensures a seamless workflow and efficient analysis of complex spatial biology data.
Akoya Biosciences has established collaborations and partnerships with leading academic institutions, pharmaceutical companies, and research organizations worldwide. They are actively involved in numerous research projects and have contributed to a wide range of scientific publications that highlight the transformative impact of their technology on various aspects of biology and medicine.
In addition to their advanced technological solutions, Akoya Biosciences provides excellent customer support, training, and scientific expertise to enable researchers to maximize the potential of their platforms. Their team of experts is readily available to offer technical assistance, troubleshoot issues, and provide advice on experimental design, sample preparation, and data interpretation.
Overall, Akoya Biosciences Inc is a pioneering company that is pushing the boundaries of spatial biology research. Their innovative platforms, including the CODEX system, antibodies, and analysis software, are revolutionizing our understanding of complex biological systems and diseases. With a commitment to scientific excellence and a drive to empower researchers, Akoya Biosciences is playing a pivotal role in advancing the frontiers of biomedical research and personalized medicine.
The company was founded in 2015 and is headquartered in Marlborough, Massachusetts. They have a team of highly skilled scientists, engineers, and experts who are dedicated to revolutionizing the field of spatial biology through their innovative platforms and solutions. Akoya Biosciences' ultimate goal is to accelerate the discovery and development of new therapies, enhance personalized medicine, and improve patient outcomes.
One of Akoya Biosciences' flagship products is the CODEX (CO-Detection by indEXing) system, which is an advanced imaging and analysis platform that enables highly multiplexed imaging of tissues at a single-cell level. This system relies on proprietary reagents and imaging algorithms to spatially map multiple protein markers and gene expression profiles within a tissue sample simultaneously. This capability allows researchers to gain a comprehensive understanding of the cellular composition, interactions, and functional states within a biological context, which was previously difficult to achieve with traditional methods.
Akoya Biosciences also offers a range of high-quality, validated antibodies and assays that are specifically designed for use with their CODEX system. These antibodies are carefully selected and optimized to provide exceptional specificity, sensitivity, and multiplexing capabilities, ensuring accurate and reliable data acquisition and analysis.
Moreover, Akoya Biosciences offers comprehensive software packages, including the inForm software, which provides powerful image analysis and visualization tools to extract quantitative data from high-dimensional multiplexed images. The software enables users to segment cells, identify protein markers, quantify expression levels, and perform downstream data analysis and interpretation. This integrated hardware and software approach ensures a seamless workflow and efficient analysis of complex spatial biology data.
Akoya Biosciences has established collaborations and partnerships with leading academic institutions, pharmaceutical companies, and research organizations worldwide. They are actively involved in numerous research projects and have contributed to a wide range of scientific publications that highlight the transformative impact of their technology on various aspects of biology and medicine.
In addition to their advanced technological solutions, Akoya Biosciences provides excellent customer support, training, and scientific expertise to enable researchers to maximize the potential of their platforms. Their team of experts is readily available to offer technical assistance, troubleshoot issues, and provide advice on experimental design, sample preparation, and data interpretation.
Overall, Akoya Biosciences Inc is a pioneering company that is pushing the boundaries of spatial biology research. Their innovative platforms, including the CODEX system, antibodies, and analysis software, are revolutionizing our understanding of complex biological systems and diseases. With a commitment to scientific excellence and a drive to empower researchers, Akoya Biosciences is playing a pivotal role in advancing the frontiers of biomedical research and personalized medicine.
Akoya Biosciences Inc. specializes in multiplexed protein and RNA analysis, particularly through its innovative spatial biology platform. The company focuses on providing researchers with tools and services that facilitate a deeper understanding of biological systems at the cellular and tissue levels. Here’s a detailed overview of the segments, products, and services offered by Akoya Biosciences:
Segments
1. Spatial Biology:
- This is the core segment of Akoyas business. Spatial biology refers to the study of the spatial distribution and interactions of cells within their microenvironment, which is crucial for understanding various biological processes and diseases. Akoyas technologies enable the visualization of protein and RNA expression directly within tissue sections, giving scientists enhanced insights into cellular interactions and pathways.
2. Research Applications:
- Akoya’s products are frequently used in cancer research, immunology, neuroscience, and developmental biology. The ability to analyze cell populations in their native context is especially important for cancer studies where tumor microenvironments play a critical role.
3. Clinical Diagnostics:
- The company is expanding into clinical applications, leveraging its technology for diagnostic purposes, which includes developing tools for precision medicine.
Products
1. Kodak® Spatial Biology Platform:
- Akoya’s flagship platform hosts various systems designed for spatial phenotyping. The Kodak® system features advanced imaging capabilities for high-resolution analysis of tissue samples.
2. APPLICATIONS:
- Phenoptics™: This product line is geared towards imaging and analyzing tissues in high dimensions. It allows researchers to perform multiplex immunofluorescence assays, which enable the detection of multiple proteins within a single tissue section, thus providing a comprehensive view of its cellular landscape.
- InSituPlex®: This is a unique technology that combines multiplexed RNA detection with spatial localization. It facilitates the analysis of gene expression in situ, allowing researchers to see where genes are activated within the tissue.
- CODEX®: A platform for highly multiplexed imaging that allows the visualization of numerous antigens in a single tissue section. CODEX employs a unique barcoding system utilizing DNA tags, facilitating the concurrent viewing of many proteins or markers.
3. Panel Products:
- Akoya provides a variety of pre-designed panels that target specific sets of proteins or RNAs of interest across various research areas. These panels streamline the experimental process and can be customized according to the researcher’s focus.
4. Consumables:
- Akoya also offers an array of consumables, including reagents, antibodies, and slides utilized in their assays, ensuring high-quality results and reproducibility.
Services
1. Technical Support and Training:
- The company offers extensive training and support services to help researchers utilize Akoya’s technologies effectively. This includes hands-on training sessions, webinars, and access to technical documentation.
2. Custom Assay Development:
- For clients with specific needs, Akoya provides tailored assay development services that can design multiplex assays suitable for unique research requirements.
3. Collaborative Research Services:
- Akoya engages in partnerships with academic and pharmaceutical research institutions to facilitate collaborative projects. This can include providing products and analyses for specific research questions.
4. Data Analysis Services:
- Akoya also offers advanced bioinformatics services to assist scientists in interpreting complex data generated from their spatial biology experiments. This includes image analysis, data integration, and visualization to extract meaningful biological insights.
Conclusion
Akoya Biosciences Inc. stands at the forefront of spatial biology technology with a robust portfolio of products and services that cater to a variety of research applications. The company continues to innovate within this field, providing researchers the tools needed to visualize and analyze biological systems in unprecedented detail, fostering a deeper understanding of disease mechanisms, therapeutic responses, and overall biological processes.
Segments
1. Spatial Biology:
- This is the core segment of Akoyas business. Spatial biology refers to the study of the spatial distribution and interactions of cells within their microenvironment, which is crucial for understanding various biological processes and diseases. Akoyas technologies enable the visualization of protein and RNA expression directly within tissue sections, giving scientists enhanced insights into cellular interactions and pathways.
2. Research Applications:
- Akoya’s products are frequently used in cancer research, immunology, neuroscience, and developmental biology. The ability to analyze cell populations in their native context is especially important for cancer studies where tumor microenvironments play a critical role.
3. Clinical Diagnostics:
- The company is expanding into clinical applications, leveraging its technology for diagnostic purposes, which includes developing tools for precision medicine.
Products
1. Kodak® Spatial Biology Platform:
- Akoya’s flagship platform hosts various systems designed for spatial phenotyping. The Kodak® system features advanced imaging capabilities for high-resolution analysis of tissue samples.
2. APPLICATIONS:
- Phenoptics™: This product line is geared towards imaging and analyzing tissues in high dimensions. It allows researchers to perform multiplex immunofluorescence assays, which enable the detection of multiple proteins within a single tissue section, thus providing a comprehensive view of its cellular landscape.
- InSituPlex®: This is a unique technology that combines multiplexed RNA detection with spatial localization. It facilitates the analysis of gene expression in situ, allowing researchers to see where genes are activated within the tissue.
- CODEX®: A platform for highly multiplexed imaging that allows the visualization of numerous antigens in a single tissue section. CODEX employs a unique barcoding system utilizing DNA tags, facilitating the concurrent viewing of many proteins or markers.
3. Panel Products:
- Akoya provides a variety of pre-designed panels that target specific sets of proteins or RNAs of interest across various research areas. These panels streamline the experimental process and can be customized according to the researcher’s focus.
4. Consumables:
- Akoya also offers an array of consumables, including reagents, antibodies, and slides utilized in their assays, ensuring high-quality results and reproducibility.
Services
1. Technical Support and Training:
- The company offers extensive training and support services to help researchers utilize Akoya’s technologies effectively. This includes hands-on training sessions, webinars, and access to technical documentation.
2. Custom Assay Development:
- For clients with specific needs, Akoya provides tailored assay development services that can design multiplex assays suitable for unique research requirements.
3. Collaborative Research Services:
- Akoya engages in partnerships with academic and pharmaceutical research institutions to facilitate collaborative projects. This can include providing products and analyses for specific research questions.
4. Data Analysis Services:
- Akoya also offers advanced bioinformatics services to assist scientists in interpreting complex data generated from their spatial biology experiments. This includes image analysis, data integration, and visualization to extract meaningful biological insights.
Conclusion
Akoya Biosciences Inc. stands at the forefront of spatial biology technology with a robust portfolio of products and services that cater to a variety of research applications. The company continues to innovate within this field, providing researchers the tools needed to visualize and analyze biological systems in unprecedented detail, fostering a deeper understanding of disease mechanisms, therapeutic responses, and overall biological processes.
