Bruker Corp. Receives Investment of $1.40 Million from Assenagon Asset Management S.A.

October 24, 2022

Categories: Medical DevicesTags: , , Views: 255

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Bruker Corp ($NASDAQ:BRKR). is a leading provider of scientific instruments and solutions. The company has received an investment of $1.40 million from Assenagon Asset Management S.A. This investment will help Bruker Corp. to continue its growth and expansion.

Price History

So far, news sentiment towards Bruker Corp. has been mostly positive. On Thursday, the stock opened at $56.2 and closed at $56.0, down by 0.4% from the previous closing price. This slight dip is not indicative of any major concerns, and investors remain confident in the company’s future.



VI Analysis

The company’s strong fundamentals and recent stock price performance reflect its long-term potential. However, Bruker Corp is a medium risk investment in terms of financial and business aspects. The company has a high debt-to-equity ratio, which could make it difficult to service its debt if interest rates rise or the economy weakens. Additionally, the company has 1 risk warning in its cash flow statement.

VI Peers

Its products are used in a variety of applications, including drug discovery, food and environmental testing, and materials science research. The company’s main competitors are Tecan Group AG, Stevanato Group SPA, and Cerus Corporation.

– Tecan Group AG ($LTS:0QLN)

Tecan Group AG is a leading provider of laboratory instruments and solutions. The company has a market cap of 4.56B as of 2022 and a Return on Equity of 6.13%. Tecan provides a wide range of products and services for the life science research, diagnostics and pharmaceutical sectors. The company offers a broad range of solutions for drug discovery, genomics, diagnostics and forensics. Tecan also provides contract research services to the pharmaceutical industry.

– Stevanato Group SPA ($NYSE:STVN)

Stevanato Group SPA is a company that manufactures and sells pharmaceuticals and medical devices. The company has a market cap of 4.89B as of 2022 and a return on equity of 11.0%. The company’s products are sold in over 100 countries and it has a presence in Europe, North America, and Asia.

– Cerus Corp ($NASDAQ:CERS)

Cerus Corp is a medical technology company that specializes in blood safety. The company’s primary product is the Intercept Blood System, which is designed to inactivate viruses, bacteria, parasites, and other potentially harmful agents in donated blood. Cerus Corp’s market cap as of 2022 is 625.13M, and its ROE is -28.3%. The company has been facing some financial difficulties in recent years, but continues to invest in research and development in order to bring new products to market.

Summary

Investing in Bruker Corp can be a smart move for investors looking to gain exposure to the healthcare sector. The company develops, manufactures and markets a range of scientific instruments and solutions that are used in a variety of applications, including molecular and cellular analysis, in vivo imaging, industrial inspection and materials research. Bruker’s products and solutions are based on a range of cutting-edge technologies, including nuclear magnetic resonance , mass spectrometry , atomic force microscopy and X-ray spectroscopy. This gives the company a competitive advantage in the marketplace and has resulted in strong financial performance in recent years.

Looking ahead, Bruker is well positioned for continued growth as it benefits from strong demand for its products and solutions from a range of industries. In particular, the company’s healthcare-related businesses are expected to continue to perform well as the global population ages and demand for better healthcare solutions increases. As such, investing in Bruker Corp could be a wise move for investors looking for exposure to a company that is poised for continued growth in the years ahead.

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