Nanostring takes steps to restructure its business and protect its mission to map the universe of biology

Seattle--(business wire)--nanostring technologies, inc. (nasdaq: nstg) (“nanostring” or “the company”), a leading provider of life science tools for discovery and translational research, today announced that steps are being taken to protect its business, customers, employees and its mission to “map the universe of biology.” with support from key creditors, nanostring and certain of its subsidiaries have voluntarily initiated a chapter 11 restructuring proceeding in the united states bankruptcy.
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