NanoString Is Dead

Nanostring is dead, well… bankrupt. Which is as good as dead unless someone decides to resurrect it as Nanostring 2.0.

Much of the blame for this has been placed on 10Xs recent win against Nanostring which resulted in a $31M payout in 10Xs favor. While the money is bad enough, 10X were also able to block sales of spatial instruments in Europe, and I imagine were in a good position to do so in the US too.

We’ve looked at the patents used here before. They seem pretty broad… broad enough perhaps that they will have an impact on whatever Singular are announcing today.

Those patents don’t expire until 2031. So Nanostring could have been locked out of spatial for 7 years. And they really needed spatial because the other thing they’d been working on since 2007 wasn’t really panning out…