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0 0 -0.00289855072463775 0 0.00144927536231881 0.0375942028985508 0.036231884057971 0.0214782608695652
Stock impact report

AbCellera and Bruker Reach Global Settlement of Patent Litigation

AbCellera Biologics Inc. - Common Shares (ABCL) 
Company Research Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--AbCellera (Nasdaq: ABCL) today announced that it has entered into a settlement and patent license agreement with Bruker Corporation, resolving the patent litigation between the two companies globally. As part of the settlement, Bruker will pay AbCellera $36 million 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.About AbCellera Biologics Inc.AbCellera (Nasdaq: ABCL) is a clinical-stage biotechnology company focused on discovering and developing antibody-based medicines in the areas of endocrinology, women’s health, immunology, and oncology. For more information, please visit www.abcellera.com.AbCellera Forward-Looking StatementsThis press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statement Show less Read more
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