NanoString Sets April Ch. 11 Auction Backed By $220M Offer

By Alex Wittenberg · March 28, 2024, 2:25 PM EDT

Biotechnology company NanoString Technologies Inc. received a Delaware bankruptcy judge's approval Thursday to canvass bids for its assets and use a $220 million stalking-horse offer as the floor for an auction...

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Bankruptcy Scorecard

Summary

Life sciences company NanoString Technologies Inc. and three affiliates filed for Chapter 11 protection in Delaware bankruptcy court with $325 million in debt, months after a jury found it infringed several gene-technology patents.

Case Number

1:24-bk-10162

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$325 million

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Documents

Related Sections

Case Information

Case Title

NanoString Technologies, Inc.

Case Number

1:24-bk-10160

Court

Delaware

Nature of Suit

Date Filed

February 04, 2024

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