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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. ....
PLEASANTON, Calif. (AP) PLEASANTON, Calif. (AP) 10x Genomics Inc. (TXG) on Wednesday reported a loss of $17.2 million in its fourth quarter. On a per-share basis, the Pleasanton, California-based company said it had a loss of 15 cents. ....
10X Genomics challenged claims in Bio-Rad’s U.S. Pat. No. 9,562,837 and 9,896,722. The PTAB issued four mixed Final Written Decisions in 10X Genomics Inc. v. Bio-Rad Labs., Inc., IPR2020-00086, -00087, -00088, and -00089, finding most claims unpatentable but allowing a few to survive. ....