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BioWorld - Wednesday, March 4, 2026
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Home » Bruker unties Nanostring bankruptcy knot with $393M winning bid
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Bruker unties Nanostring bankruptcy knot with $393M winning bid

April 18, 2024
By Annette Boyle

Bruker Corp. shows no sign of slowing its buying binge, picking up Nanostring Technologies Inc. for $392.6 million in cash plus the assumption of certain liabilities in its seventh deal so far this year.

Nanostring entered bankruptcy in February and received a “stalking horse” bid of $220 million from private equity fund Patient Square Capital in March. Bruker won the competitive auction for Nanostring’s assets, besting the Patient Square bid by 78%. The deal is expected to close in early May.

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