Nanostring CEO Perry Fell Departs

Nanostring Technologies CEO Perry Fell has resigned as CEO, and has been replaced on an acting basis by chief financial officer Wayne Burns. The Seattle-based company, which makes instruments that provide a digital readout for large-scale genomic experiments, shipped its first commercial product in July. The company was founded in 2004, and has raised $17 million from OVP Venture Partners and Draper Fisher Jurvetson. Fell will retain a board seat, said Sara Morris, a spokeswoman for OVP.

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