Life Sciences Biz NanoString Gets OK For $393M Ch. 11 Sale

By Clara Geoghegan · April 19, 2024, 5:22 PM EDT

Insolvent biotech company NanoString can be sold to scientific instrument maker Bruker Corp., a Delaware bankruptcy judge ruled Friday, after the buyer clinched the winning bid during a 14-hour Chapter 11...

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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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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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