NanoString posts higher revenues, lower net loss in Q1

By The Science Advisory Board staff writers

May 11, 2021 -- Strong growth in product and service revenues helped NanoString Technologies reach 18.8% total revenue growth and a lower net loss in its first quarter.

For the period (end-March 31), NanoString had total revenues of $31.6 million, up from $26.6 million from the first quarter of 2020. Quarterly highlights included a 28% increase in product and service revenue.

NanoString had a first-quarter net loss of $27.7 million, compared with a net loss of $38.6 million from the same period a year ago.

NanoString tech used to develop SARS-CoV-2 lung cell atlas
NanoString Technologies' GeoMX digital spatial profiler (DSP) technology has been used to develop a foundational dataset to better understand the biological...
NanoString increases access to spatial molecular imager
NanoString Technologies has launched a technology access program for its spatial molecular imager.
NanoString tech helps profile cancer-immune states in tumors
A new article in Nature Medicine provides insights into cancer tissues by using NanoString Technology's GeoMx Digital Spatial Profiler and its...
NanoString forms group to set spatial research standards
NanoString Technologies has formed a leadership network to pioneer the application of spatial biology in large studies.
NanoString launches readout technology for NGS
NanoString Technologies has released Cancer Transcriptome Atlas, a new product based on the company's GeoMx digital spatial profiler platform that's optimized...

Copyright © 2021 scienceboard.net


Conferences
Cell Bio 2021
December 11-15
San Diego, California United States
Antibody Engineering and Therapeutics
December 13-17
San Diego, California United States
Connect
Science Advisory Board on LinkedIn
Science Advisory Board on Facebook
Science Advisory Board on Twitter