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home / articles / TXG - Why Is Life Science Company NanoString Stock Trading Lower Today? | Benzinga


TXG - Why Is Life Science Company NanoString Stock Trading Lower Today? | Benzinga

NanoString Technologies Inc (NASDAQ: NSTG) shares are trading lower after a jury in the U.S. District Court for the District of Delaware reached a unanimous verdict favoring 10x Genomics Inc (NASDAQ: TXG) in the patent infringement suit 10x filed against NanoString's GeoMx products.

In awarding over $31 million in damages, the jury found that NanoString's GeoMx Digital Spatial Profiler and associated instruments, reagents, and services for RNA and protein detection willfully infringe all seven asserted patents owned by Prognosys and exclusively licensed to 10x Genomics.

The jury in ...

Full story available on Benzinga.com

Stock Information

Company Name: 10x Genomics Inc.
Stock Symbol: TXG
Market: NYSE
Website: 10xgenomics.com

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