- Business
- NanoString Technologies, Inc. is a life science tools provider specializing in translational research with a focus on spatial biology and gene expression analysis. The company's core products include the nCounter® Analysis System, which offers direct digital detection of up to 800 unique biomarkers including DNA, RNA, and proteins; the GeoMx® Digital Spatial Profiler that enables high-plex spatial profiling of the whole transcriptome and proteome in various tissue samples; the CosMx® Spatial Molecular Imager for high-plex in situ spatial multi-omics analysis at cellular and subcellular resolution; and the AtoMx™ Spatial Informatics Platform supporting spatial biology data analysis. NanoString’s technologies target research applications in genomics, proteomics, clinical research, pharmaceuticals, immunology, neurology, and biopharmaceutical fields, serving life science researchers globally.
Founded in 2003 and headquartered in Seattle, Washington, NanoString operates primarily worldwide, with a significant focus on advanced spatial biology solutions that accelerate sample-to-discovery workflows. Over the past 1-2 years, NanoString underwent a significant strategic change through its acquisition by Bruker Corporation in a court-supervised Chapter 11 sale process completed in early 2024. This acquisition included substantially all assets and rights of NanoString's business, including the nCounter®, GeoMx®, CosMx™, and AtoMx™ product lines, for approximately $392.6 million in cash. The acquisition is expected to synergize with Bruker’s portfolio and support growth and profitability, while preserving NanoString’s R&D capabilities.
In early 2024, NanoString secured $47.5 million in new financing from existing noteholders to support its restructuring process and ongoing operations, ensuring continued service to its scientific customer base during this transition. Additionally, NanoString has expanded its global presence by overcoming legal restrictions for the CosMx™ platform in Germany, facilitating broader availability of its cutting-edge spatial biology products. These developments highlight the company’s commitment to maintaining leadership in the spatial biology market and advancing scientific discovery worldwide while operating under Bruker's ownership.