Nanosphere director buys 504,500 shares for 34.9% ownership interest

By Lisa Kerner

Charlotte, N.C., June 18 - A group of Nanosphere, Inc. shareholders led by Lurie Investment Fund, LLC, an affiliate of company director Mark Slezak, bought 504,500 shares of the company's stock on May 22 for $3.05 per share, according to a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

Slezak beneficially owns 7,815,601 shares or 34.9% of the Northbrook, Ill., nanotechnology-based molecular diagnostics company.

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