NanoString Adds Exec Chairman

Luke Timmerman2/3/10

NanoString Technologies, the Seattle-based developer of genetic analysis tools, said today it has named William Young as its new executive chairman. Young is the chairman of Cambridge, MA-based Biogen Idec (NASDAQ: BIIB]), and formerly was chairman and CEO of Monogram Biosciences, and chief operating officer of Genentech. NanoString is still seeking a permanent CEO to replace Perry Fell, who retains a board seat, according to a company spokeswoman.

Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.