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Biotech Co. NanoString Hits Ch. 11 In Del. With $325M Debt

IP Law 360

Life sciences company NanoString Technologies Inc. and three affiliates filed for Chapter 11 protection in Delaware bankruptcy court with $325 million in debt and $275 million in assets.

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NanoString Says Doubled Award Would Be 'Death Sentence'

IP Law 360

Seattle biotech NanoString Technologies Inc. has told a Delaware court that if rival 10x Genomics' request to double a $31 million award in a jury's November finding of willful infringement is granted, it could bankrupt the company and cause harm to both patients and the general public.

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NanoString Can Tap $142.5M DIP As It Weighs Ch. 11 Sale

IP Law 360

Life sciences company NanoString Technologies Inc. million in Chapter 11 financing that the company will use to support operations while assessing outside offers to buy its business. received a Delaware bankruptcy judge's approval Tuesday to borrow a portion of $142.5