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See today's BioWorld MedTech
Home » Veracyte seeks wider diagnostics footprint with Nanostring licensing deal
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Veracyte seeks wider diagnostics footprint with Nanostring licensing deal

Dec. 4, 2019
By Meg Bryant
Genomic testing firm Veracyte Inc., of South San Francisco, has inked a definitive agreement with Seattle-based Nanostring Technologies Inc. for the global rights to Nanostring’s Ncounter platform. The deal – for $50 million in cash and Veracyte stock, plus up to $10 million in potential milestone payments – will allow Veracyte to develop and commercialize diagnostic tests on Nanostring’s Ncounter Flex system.
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