NanoString Technologies Inc (NanoString) is a developer of life science tools for translational research and molecular diagnostics. The company offers products such as sprint profiler, Dx analysis system with flex, nCounter MAX analysis system, protein assays, solid tumor assays, gene fusion panels, RNA panels, DNA assays, immunology panel, gene expression code sets, pan cancer immune profiling and pathways, among others. Its nCounter MAX analysis system provides cost-effective method to profile various miRNA, microRNA or DNA molecules simultaneously employing a novel digital molecular barcoding technology. The company sells its products through direct sales force and distributors in the UK, France, the US, Singapore, Hong Kong, China, and Spain. NanoString is headquartered in Seattle, Washington, the US.
Headquarters
United States of America
Address
Suite 2000, 530 Fairview Avenue North, Seattle, Washington, 98109
Website
www.nanostring.com
Telephone
1 206 3786266
No of Employees
766
Industry
Medical Equipment
Ticker Symbol & Exchange
NSTG (NASD)
Revenue (2021)
$145.1M
23.7%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
-4.7%
(2021 vs 2020)
Market Cap*
$574.6M
Net Profit Margin (2021)
XXX
15.3%
(2021 vs 2020)
* As of and is in US$
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Products and Services
| Products | Brands |
|---|---|
| nCounter Systems | nCounter |
| Analysis Software | Vantage 3D |
| Gene Expression Panels | nSolver |
| XXX | XXX |
| XXX | XXX |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | New Products/Services | In June, the company introduced its new AtoMx Spatial Informatics Portal. |
| 2022 | Others | In May, the company announced a seamless, cloud-based workflow that improves the spatial data analysis experience of customers using GeoMx Digital Spatial Profiler. |
| 2022 | Contracts/Agreements | In April, the company and BioChain Institute entered into a partnership to provide spatial multiomics services. |
Competitor Comparison
| Key Parameters | NanoString Technologies Inc | Thermo Fisher Scientific Inc | Agilent Technologies Inc | Illumina Inc | Bio-Rad Laboratories Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Seattle | Waltham | Santa Clara | San Diego | Hercules |
| State/Province | Washington | Massachusetts | California | California | California |
| No. of Employees | 766 | 130,000 | 17,400 | 9,800 | 7,900 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William D. Young | Chairman | Executive Board | 2010 | 76 |
| Brad Gray | Director; Chief Executive Officer; President | Executive Board | 2010 | 44 |
| Thomas Bailey | Chief Financial Officer | Senior Management | 2018 | 52 |
| Joseph M. Beechem | Senior Vice President - Research and Development; Chief Scientific Officer | Senior Management | 2012 | 63 |
| Mark A. Winham | Senior Vice President - Operations | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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