Bruker Announced A Minority Investment In NovAliX, A Preclinical Contract Research Organization Specializing In Drug Discovery Services, Financial Details Of The Investment Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Bruker has announced a minority investment in NovAliX, a preclinical contract research organization specializing in drug discovery services. The financial details of the investment were not disclosed. The investment aims to accelerate NovAliX's growth and expansion, particularly in Europe and the United States.
August 07, 2024 | 11:18 am
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Bruker has made a minority investment in NovAliX to accelerate its growth and expansion in Europe and the US. This strategic move could enhance Bruker's position in the drug discovery market.
The investment in NovAliX is likely to strengthen Bruker's presence in the drug discovery market, potentially leading to increased revenues and market share. The focus on expansion in Europe and the US aligns with Bruker's strategic growth objectives.
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