Advertisement
Australia markets closed

  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     

  • AUD/USD

    0.6448
    +0.0011 (+0.18%)
     

  • ASX 200

    7,642.10
    +36.50 (+0.48%)
     

  • OIL

    82.11
    -0.58 (-0.70%)
     

  • GOLD

    2,394.50
    +6.10 (+0.26%)
     

  • Bitcoin AUD

    95,478.08
    -3,023.20 (-3.07%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

Why Shares of NanoString Technologies Are Falling Thursday

Jim Halley, The Motley Fool
·2-min read
Why Shares of NanoString Technologies Are Falling Thursday

Shares of NanoString Technologies (NASDAQ: NSTG) were down more than 16% Thursday morning and were down as much as 28.3% earlier in the day after the life sciences company lost a patent ruling in Germany. NanoString makes instruments and services to profile genes and proteins from tissue samples. The biotech company lost a patent court fight to 10x Genomics (NASDAQ: TXG) that forces NanoString to quit selling its CosMx Spatial Molecular Imager instruments and CosMx reagents for RNA detection in Germany.

Continue reading