litigation
confidence high
sentiment positive
materiality 0.65
AbCellera settles Bruker patent litigation; $36M upfront plus ongoing royalties
AbCellera Biologics Inc.
- Bruker to pay AbCellera $36 million upfront as part of global patent settlement.
- Bruker will also pay future royalties on worldwide sales of its Beacon Optofluidic platform.
- Settlement resolves all patent litigation between AbCellera and Bruker globally.
- No other terms of the license agreement were disclosed.