Seattle-based start-up NanoString moved one step closer to commercializing its molecular bar-coding system with a recent $4.3 million cash infusion from venture capital investors.

The firm began operations earlier this year and is commercializing technology that came out of work done in the lab of Leroy Hood at the Institute of Systems Biology. Krassen Dimitrov, who was director of the microarray facility at ISB, invented the NanoString technology and now serves as chief scientific officer of the company.

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