AbCellera Enters $36M Patent Settlement Agreement with Bruker
AbCellera (ABCL) announced that it has entered into a settlement and patent license agreement with Bruker Corporation (BRKR), resolving the patent litigation between the two companies globally. As part of the settlement, Bruker will pay AbCellera $36M up front as well as future royalty payments on sales of Bruker's Beacon Optofluidic platform products worldwide through the life of the licensed patents.
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AbCellera Biologics Initiates Phase 2 of pPREMIUM Clinical Trial
- Clinical Trial Advancement: AbCellera Biologics has dosed the first patients in the Phase 2 portion of its pPREMIUM clinical trial, marking a significant milestone in the development of antibody therapeutics, which is expected to drive further research and market applications.
- Successful Patient Recruitment: The initiation of this trial indicates positive progress in patient recruitment, laying a solid foundation for subsequent clinical data collection and analysis, thereby enhancing investor confidence.
- Strengthened R&D Strategy: By advancing the pPREMIUM project, AbCellera demonstrates its research capabilities in the biopharmaceutical sector, aiming to enhance its market competitiveness and meet the growing therapeutic demands.
- Optimistic Market Outlook: As the clinical trial progresses, AbCellera is poised to secure more collaboration opportunities and funding support in the future, further propelling the commercialization of its products.
AbCellera resolves patent dispute with Bruker regarding microfluidic technology.
Patent Settlement: Bruker Corp. will pay AbCellera Biologics $36 million plus future royalties as part of a settlement regarding a patent for microfluidic devices used in cell culture and recovery.
Court Ruling: A federal appeals court upheld AbCellera's patent, rejecting Bruker's argument that the patent was prior art.
Market Reaction: Following the news, AbCellera's stock rose approximately 8% in morning trading.
Bruker Developments: Bruker has also received a $25 million order for magnetic resonance systems from prominent European institutions and has been upgraded to Outperform by Wolfe based on its 2026 outlook.
