US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

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...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

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

View Full Scorecard

Related Sections

Case Information

Case Title

NS Wind Down Co., Inc.

Case Number

1:24-bk-10160

Court

Delaware

Nature of Suit

Date Filed

February 04, 2024

Recent Articles By Clara