Bruker Announces Acquisition of MOLECUBES NV

Rhea-AI Summary

Bruker Corporation (Nasdaq: BRKR) announced its acquisition of MOLECUBES NV, enhancing its nuclear molecular imaging (NMI) capabilities. This strategic move aims to expand Bruker's preclinical imaging portfolio with the modular benchtop CUBES™ systems, expected to accelerate NMI adoption in medical and biopharma sectors. MOLECUBES generated approximately Euro 5 million in FY 2020 revenue and will operate within Bruker's BioSpin division, aiming for synergies in research and development.

Positive

• Acquisition of MOLECUBES enhances Bruker's NMI product offerings.
• Strengthens market position in preclinical imaging research.
• Expected synergies in R&D and customer service, benefiting NMI customers.

Negative

• None.

Expands Nuclear Molecular Imaging Portfolio with Modular Benchtop CUBES™ PET, SPECT and CT Preclinical Imaging Systems

GHENT, Belgium--(BUSINESS WIRE)-- Bruker Corporation (Nasdaq: BRKR) today announced the acquisition of MOLECUBES NV, a dynamic innovator in benchtop preclinical nuclear molecular imaging (NMI) systems. This acquisition strengthens Bruker’s position as a leading NMI solutions provider in preclinical and translational imaging research.

Modular benchtop CUBES™ NMI systems of MOLECUBES (Photo: Business Wire)

The combination of Bruker’s preclinical imaging products and global footprint with the modular benchtop CUBES™ systems of MOLECUBES will provide a broader NMI offering to further accelerate worldwide adoption of preclinical NMI in academic medical centers and biopharma companies.

Dr. Wulf I. Jung, President of the Bruker BioSpin Preclinical Imaging Division commented: “Nuclear molecular preclinical and translational imaging research are growing market segments, in which we are already recognized for high-performance simultaneous PET/MR and PET/SPECT/CT instruments, and for our PMOD™ PET data analysis software. The acquisition of MOLECUBES adds scalable benchtop instruments to our portfolio for serving the NMI preclinical research community. The synergies between our and MOLECUBES’ research and development, applications and service teams is expected to benefit our combined NMI customers worldwide.”

Professor Roel Van Holen, CEO of MOLECUBES, added: “The MOLECUBES vision has always centered around making in vivo NMI available to every lab, by developing small footprint imagers without compromising on image quality. The high throughput of our unique scalable technology makes it an excellent tool to speed up drug discovery and translational research. Bruker has the reach to increase access to the CUBES in labs throughout the world, aligning with our joint mission to support the quality and speed of preclinical drug development and fundamental pathobiology research. Our team is looking forward to working within Bruker on research and innovative solutions for our existing and future customers.”

As a fast-growing company founded in 2015 in Ghent, Belgium, MOLECUBES develops and sells high-end PET, SPECT, and CT CUBES™ systems, with a global installated base of more than 70 systems among key opinion leaders. The modular benchtop CUBES complement Bruker’s integrated, floor-standing preclinical small animal imaging systems.

MOLECUBES will remain an innovative and agile operational team within the Bruker BioSpin Preclinical Imaging division, and MOLECUBES customers can continue communications through existing channels. MOLECUBES’ R&D and applications teams will collaborate with Bruker’s preclinical imaging experts to continuously advance NMI technology, software, workflows and applications.

MOLECUBES generated approximately Euro 5 million in FY 2020 revenue. Financial details of the acquisition were not disclosed. For more information, please visit www.bruker.com/en/products-and-solutions/preclinical-imaging

About Bruker Corporation (Nasdaq: BRKR)

Bruker is enabling scientists to make breakthrough discoveries and develop new applications that improve the quality of human life. Bruker’s high performance scientific instruments and high value analytical and diagnostic solutions enable scientists to explore life and materials at molecular, cellular and microscopic levels. In close cooperation with our customers, Bruker is enabling innovation, improved productivity and customer success in life science molecular and cell biology research, in applied and pharma applications, in microscopy and nanoanalysis, as well as in industrial applications. Bruker offers differentiated, high-value life science and diagnostics systems and solutions in preclinical imaging, clinical phenomics research, proteomics and multiomics, spatial and single-cell biology, functional structural and condensate biology, as well as in clinical microbiology and molecular diagnostics. Please visit www.bruker.com.

About MOLECUBES

MOLECUBES in Ghent, Belgium is a manufacturer of molecular imaging instrumentation for preclinical research. MOLECUBES offers a modular benchtop platform, consisting of preclinical PET, SPECT and CT CUBES™ imagers. The CUBES form a scalable platform, enabling high throughput research with a compact footprint. MOLECUBES’ mission is to advance the imaging in preclinical settings with over 70 CUBES installed in leading research facilities within academic institutions, research hospitals, and biopharma companies and contract research organizations. www.molecubes.com

The CUBES are compact micro-CT, micro-SPECT and micro-PET scanners for molecular small animal imaging, as standalone systems or in modular combinations:

• β-CUBE – high-performance preclinical PET scanner
• X-CUBE – high-performance preclinical CT scanner
• γ-CUBE – high-performance preclinical SPECT scanner

View source version on businesswire.com: https://www.businesswire.com/news/home/20211119005258/en/

Bruker Investor Relations Contact

T: +1 (978) 663–3660, ext. 1479

E: Investor.Relations@bruker.com



Media Contact

Thorsten Thiel, Ph.D.

VP of Group Marketing

Bruker BioSpin

T: +49 (721) 5161-6500

E: pr@bruker.com

Source: Bruker Corporation

FAQ

What is the significance of Bruker's acquisition of MOLECUBES?

The acquisition significantly enhances Bruker's nuclear molecular imaging capabilities, expanding its product offerings and market reach.

How much revenue did MOLECUBES generate?

MOLECUBES generated approximately Euro 5 million in revenue for FY 2020.

What impact will the acquisition have on Bruker's business?

The acquisition is expected to accelerate the adoption of preclinical NMI technologies in academic and biopharma markets, improving market position.

Will MOLECUBES continue to operate independently?

Yes, MOLECUBES will function as an agile unit within Bruker’s BioSpin Preclinical Imaging division.